Credit Ratings

Lincoln Benefit Life Company (LBL) has an interactive relationship with Standard & Poor’s and AM Best rating agencies for financial strength and counterparty credit.

Insurer financial strength ratings represent the opinions of rating agencies regarding the ability of an insurance company to pay obligations under insurance policies and contracts in accordance with their terms, and are not evaluations directed toward the protection of investors in LBL.

Credit ratings are opinions of each agency with respect to specific securities and contractual financial obligations and the issuer’s ability and willingness to meet those obligations when due.

Neither insurer financial strength nor credit ratings are statements of fact nor are they recommendations to purchase, hold or sell any security, contract or policy. Each rating should be evaluated independently of any other rating.

LBL is rated by AM Best and Standard & Poor’s (S&P). Following the announced sale of LBL on July 25, 2019, the rating agencies took the following actions:

  • AM Best placed LBL’s ratings “Under Review with Negative Implications” on July 29, 2019. Prior to this change, LBL’s AM Best rating was A- (Excellent) with stable outlook and an a- long-term issuer credit rating.
  • S&P placed LBL on “CreditWatch Developing” on July 25, 2019. Prior to S&P’s announcement, LBL’s ratings were BBB (Good) for financial strength and long-term issuer credit.


For more information about a particular rating, please visit the website of the relevant rating agency.

© 2014-2017 Lincoln Benefit Life Company.