A.M. Best Places Credit Ratings of Gerber Life Insurance Company Under Review With Positive Implications

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has placed under review with positive implications the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” of Gerber Life Insurance Company (Gerber Life) (White Plains, NY), following an announcement of its sale to Western & Southern Financial Group, Inc. (WSFG). Gerber Life is a wholly owned subsidiary of Nestlé Insurance Holdings, Inc., which is a unit of Nestlé, S.A., a food and beverage