S&P: Aetna view to positive

Standard & Poor's said it revised the outlook on Aetna Inc. and its operating subsidiaries to positive from stable.

The agency also said it affirmed its A- and A-2 counterparty credit rating, along with its A+ long-term counterparty credit and financial strength ratings on Aetna's core operating company, Aetna Life Insurance Co.

Aetna's business and financial profiles are relatively strong compared with its peers, S&P said, and the company is well positioned to preserve its credit profile in an improved, but moderately stressed marketplace.

Aetna's operating performance, discretionary cash flow generation, liquidity and financial flexibility are very strong and well supported by the scale and increasing diversification of its core businesses, the agency said.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.