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Penn Mutual’s excellent standing within the life insurance industry was recently acknowledged by our Comdex ranking -- an impressive 92 when compared to the other companies evaluated by the ratings services. This ranking clearly affirms our financial strength and is an important indicator to consider.
It is important to note that the Comdex ranking is not a rating. Instead, it is a composite index that is based on the ratings a company has earned from the leading rating services-A.M. Best, Standard & Poor’s, Moody’s, Fitch and TheStreet.com. These ratings are very important, but because the rating agencies do not employ a universal ratings scale, it can create a sense of uncertainty when comparing companies to each other. Therefore, the Comdex ranking provides a company’s standing on a scale of 1 to 100, in relation to other companies that have been rated.
The ratings quoted above apply only to Penn Mutual's claims-paying ability and not to the products we offer or their underlying investments.