Moody's ups Symetra view to positive

Moody's Investors Service said it affirmed the Baa3 senior debt rating for Symetra Financial Corp. and the A3 long-term insurance financial strength rating of Symetra's key life insurance operating subsidiary, Symetra Life Insurance Co., and changed their outlook to positive from stable.

According to Moody's assistant vice president, Shachar Gonen, "The positive outlook on Symetra reflects the company's improving financial profile, highlighted by excellent capital adequacy, which is expected to remain robust under a stress scenario, and improving financial flexibility."

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