S&P affirms Aetna

Standard & Poor's said that it affirmed its A- counterparty credit rating on Aetna Inc.

At the same time, S&P said it affirmed its A+ counterparty credit and financial strength ratings on Aetna's core operating company, Aetna Life Insurance Co.

In addition, S&P said it affirmed its A counterparty credit and financial strength ratings on Aetna's strategically important operating companies.

The outlook on these companies remains stable.

"The ratings reflect Aetna's very strong business profile diversity, strong earnings and cash-flow, and strong liquidity and financial flexibility," said S&P credit analyst Joseph Marinucci.

"Offsetting factors include its relatively aggressive share-repurchase strategy, a moderately high level of balance-sheet intangibles, and a pressured industry risk profile."

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