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A.M. Best Revises Rating Outlooks to Positive for GBU Financial Life

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OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has revised the outlooks to positive from stable and affirmed the financial strength rating (FSR) of B++ (Good) and the issuer credit rating of “bbb+” for GBU Financial Life (GBU or the Society) (Pittsburgh, PA). The positive outlook reflects GBU’s strong growth in operating earnings through management of annuity spreads, and continued growth in unassigned funds and risk-adjusted capitalization. Unassigned funds have increased significantly in recent ye

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