Management Options Purchase With Its Description In Nassau
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Financial Strength Rating AM BESTKBRA Rating B++ BBB+ Most Recent Action February 14, 2024 September 25, 2024 Ranking 5th of 13 ratings levels 8th of 23 ratings levels
In September 2015, Phoenix announced it was being acquired by Nassau Reinsurance Group, a privately held company, for $217.2 million. The acquisition closed on June 20, 2016 and Phoenix became a private company.
A.M. Best Rating: Nassau Life Insurance Company has received a rating of B+ from A.M. Best. This rating reflects the company's financial strength and ability to meet ongoing insurance obligations.
Nassau Life Insurance Co operates as an insurance firm. The Company offers term life insurance, annuities, spectrum of death benefit protection, and living benefits in case of critical, chronic, and terminal illness. Nassau Life Insurance serves customers in the United States.
On Trustpilot, Nassau Financial Group receives an Excellent rating based on more than 5,400 reviews, with 95% of reviews awarding the company five stars.
Nassau was founded with an initial capital commitment along with subsequent growth capital provided by Golden Gate Capital, which remains Nassau's majority controlling equity holder.
Nassau was founded with an initial capital commitment along with subsequent growth capital provided by Golden Gate Capital, which remains Nassau's majority controlling equity holder. Goldman Sachs served as exclusive financial advisor and Sidley Austin LLP served as legal advisor to Nassau.
Nassau Financial Group is headquartered in Hartford, Connecticut with $24.8 billion in assets under management and 370,000 policyholders and contract holders. We have been doing this a long time – 170 years – but we remain humble enough to always try to improve.
Financial Strength Rating AM BESTKBRA Rating B++ BBB+ Most Recent Action February 14, 2024 September 25, 2024 Ranking 5th of 13 ratings levels 8th of 23 ratings levels