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13.02.26 - 17:51
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AM Best Revises Outlooks to Positive for Federated Underwriting Company (Business Wire)
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OLDWICK, N.J.--(BUSINESS WIRE)--#insurance--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Federated Underwriting Company (Federated) (Colchester, VT).
The Credit Ratings (ratings) reflect Federated's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
The ratings also reflect the credit enhancement received from its ultimate parent, State Street Corporation (State Street) [NYSE: STT].
This single-parent captive was formed and capitalized in 2019 as part of State Street's alternative risk financing strategy in the wake of significant price firming in the insurance market. AM Best considers Federated's business profile to be limited, and its sole purpose is to write specific risks related to State Street's insurance programs. Federated's hist...
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12.02.26 - 20:00
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3 Ultra-Cheap Dividend ETFs to Buy and Hold Forever and Snowball Your Money (24/7 Wall St.)
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Cheap dividend ETFs are your best friend if you want to buy and hold for a long time. ETFs like the Vanguard Dividend Appreciation Index Fund ETF (NYSEARCA:VIG), State Street SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD), and Schwab US Dividend Equity ETF (NYSEARCA:SCHD) offer you good dividend growth, dividend yields, and negligible fees ... 3 Ultra-Cheap Dividend ETFs to Buy and Hold Forever and Snowball Your Money
The post 3 Ultra-Cheap Dividend ETFs to Buy and Hold Forever and Snowball Your Money appeared first on 24/7 Wall St.....
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