A.M. Best Affirms Credit Ratings of Lifetime Income Limited

SINGAPORE–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of “bb-” of Lifetime Income Limited (LIL) (New Zealand). The outlook of these Credit Ratings (ratings) is stable. The ratings mainly reflect LIL’s adequate risk-adjusted capitalization and sound operating controls. The ratings also incorporate the fact that the company is a start-up venture with a limited track record of operating performance. A.M. Best expects LI