KBRA Assigns Ratings to SILAC Insurance Company and Sterling Investors Life Insurance Company

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns BBB insurance financial strength ratings to SILAC Insurance Company ("SILAC") and Sterling Investors Life Insurance Company ("SILIC"). The Outlook for both ratings is Stable. The ratings reflect solid capitalization with favorable growth trends in capital, a seasoned management team, minimal exposure to disintermediation risk, and expanded distribution with a focus on independent agents. SILAC’s year-end 2023 CAL RBC of 375% is solid and above target leve