KBRA Releases Surveillance Report for Knighthead Annuity & Life Assurance Company

On July 27, 2023, KBRA upgraded the insurance financial strength rating of Knighthead Annuity & Life Assurance Company (Knighthead Annuity) to A from A-. KBRA also upgraded the debt rating to BBB+ from BBB on Knighthead Annuity's $50 million prescribed capital notes (subordinate unsecured debt) due December 2042. The Outlooks for both ratings remain Positive.

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Click here to view the report.