AM Best Affirms Credit Ratings of OneMain Holdings' Insurance Subsidiaries with Stable Outlook

AM Best has affirmed the credit ratings of American Health and Life Insurance Company and Triton Insurance Company, both subsidiaries of OneMain Holdings. The ratings reflect the companies' strong balance sheets, good operating performance, and appropriate enterprise risk management. However, the ratings are also influenced by the parent company's significant financial leverage and dependence on OneMain as a primary distribution source. The outlook for both companies' ratings is stable.