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Published on 12/11/2007 in the Prospect News Investment Grade Daily.

S&P ups Great American Life

Standard & Poor's said it raised its counterparty credit and financial strength ratings on Great American Life Insurance Co. (OH) and Annuity Investors Life Insurance Co. to A from A-.

At the same time, S&P said it raised its counterparty credit rating on Great American Financial Resources Inc. to BBB from BBB-.

The outlook on all these companies is stable.

The ratings actions reflect S&P's assessment that Great American Life and Annuity Investors are core to the ultimate parent, American Financial Group Inc.


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