On January 31, 2020, AM Best affirmed Elips Life Insurance Company’s Credit Ratings. This includes the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a+”. The outlook of these Credit Ratings (ratings) is stable.
“We are delighted with the reaffirmed AM Best ratings which reflects our collective efforts to continue building up our Group Life & Disability insurance business in the US,” states Eric Herbelin, CEO elipsLife US.
Read the full AM Best press release here.
elipsLife is an international insurance company serving institutional customers (B2B business). It focuses on group insurance products covering the financial consequences of death and disability. elipsLife operates in Europe and the US. In Europe, elipsLife has a market presence in Switzerland (Zurich), Liechtenstein (Triesen), Benelux (Amstelveen), Germany (Cologne), Italy (Milan) and Ireland (Dublin). The US market is serviced from Schaumburg, Illinois. elipsLife is a wholly-owned subsidiary of Swiss Re, the leading global reinsurer in the Life & Health insurance segment.