AM Best assigns credit ratings to Wysh Life and Health Insurance Company


OLDWICK, New Jersey – (COMMERCIAL THREAD) –AM Best has assigned a financial strength rating of A- (excellent) and a long-term issuer credit rating of “a-” (excellent) to Wysh Life and Health Insurance Company (WLHIC) (Milwaukee, WI). The outlook assigned to credit ratings (ratings) is stable.

The ratings reflect the strength of Wysh Life and Health Insurance Company’s balance sheet, which AM Best considers very strong, as well as its adequate operational performance, limited business profile and proper management of business risks.

The ratings also reflect the company’s plan to make a capital investment to maintain an appropriate level of risk-adjusted capital, as measured by Best’s Capital Adequacy Ratio (BCAR), for its platform. term life insurance direct to consumers, as well as risk-adjusted capital. The company expects to use affiliate capital funded by sponsors in the form of cash contributions.

The company plans to grow through a direct-to-consumer business model for its term life insurance business, without the need for interactions with a broker or agent as part of the closing process. The business model is to focus on creating term life insurance products in a market that has no need or desire to purchase insurance through traditional channels.

This press release relates to credit ratings published on the AM Best website. For all rating information relating to the publication and relevant disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this publication, please see AM Best’s Recent Rating Activity webpage. . For more information on the use and limitations of credit rating reviews, please see Best’s Guide to Credit Ratings. For more information on the proper use of Best Credit Ratings, Best Preliminary Credit Ratings, and AM Best press releases, please see the Guide to Appropriate Use of Best Ratings and Ratings.

AM Best is a global credit rating agency, news publisher, and data analytics provider specializing in the insurance industry. Based in the United States, the company operates in more than 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit

Copyright © 2021 by AM Best Rating Services, Inc. and / or its affiliates. ALL RIGHTS RESERVED.

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