AM Best Revises Outlooks to Negative for Mutual of America Life Insurance Company
Wink Intel
FEBRUARY 28, 2023
Furthermore, there has been some weakness in MofA’s balance sheet strength, driven by market volatility and declines in risk-adjusted capitalization with continued increased losses. The company’s risk-adjusted capitalization is projected to remain at the very strong level, as measured by Best’s Capital Adequacy Ratio (BCAR).
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