Is Prudential Retirement a highly-rated company?


Quick Answer

The Prudential Retirement Insurance and Annuity Company receives high ratings from four major rating companies as of August 2015, as reported on the company's website. The company's financial strength is rated as an A+ by Fitch and A.M. Best, an A1 by Moody's and an AA- by Standard and Poor's.

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Full Answer

Financial strength ratings indicate the solvency of an insurance company and help policyholders and investors assess the risk of company failure, according to financial news website TheStreet. The Insurance Information Institute suggests that consumers and investors consider ratings from multiple rating companies when assessing the strength of a given insurance company, as rating agencies use different metrics and often disagree about the solvency of a given company.

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