AM Best Removes From Under Review With Positive Implications and Upgrades Issuer Credit Rating of Gerber Life Insurance Company

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has removed from under review with positive implications and upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” from “a” of Gerber Life Insurance Company (Gerber Life) (White Plains, NY). Additionally, AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) of Gerber Life. The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Gerber Life’s balance sheet strength, which AM Best categorizes