NEW YORK, NY (January 31, 2019) – Kroll Bond Rating Agency (KBRA) assigns insurance financial strength ratings (IFSR) of AA- to The Penn Mutual Life Insurance Company and its key insurance subsidiaries: The Penn Insurance and Annuity Company, Vantis Life Insurance Company, and Vantis Life Insurance Company of New … The company sells its products throughout the US through several channels, using both independent and captive agents, as well as brokers. HTK does not provide legal and tax advice. Moody's ratings of Penn Mutual and its subsidiaries reflects the companies' solid capitalization, strong liquidity and good asset quality. Penn Mutual provides stability You can rely on the strength of nearly 40 years as an independent subsidiary of The Penn Mutual Life Insurance Company, known for longevity and Fortune 1000 company with $3.2 billion in revenue. * A Fortune 1000 company that earns high marks from the nation’s top industry rating organizations, including maintaining an A.M. Best rating of A or better for over 89 years* – only one of 12 life/health insurers to do so. For over 170 years, Penn Mutual has consistently paid dividends to eligible whole life policyholders. Penn Mutual supports its advisers with retirement and investment services through its wholly owned subsidiary Hornor, Townsend & Kent, LLC, member FINRA/SIPC. Two of its financial services subsidiaries -- broker/dealers Hornor, Townsend & Kent and Janney Montgomery Scott -- also distribute Penn Mutual products. Strong History of Strength & Stability. Any statements about financial and company performance of The Penn Mutual Life Insurance Company or its insurance subsidiaries (each, “Client”) made by the author is provided with a written consent from the Client. Visit Penn Mutual at www.pennmutual.com . Penn Mutual is headquartered in Horsham, Pennsylvania, just outside Philadelphia.. Its subsidiaries include the brokerage firm Janney Montgomery Scott (acquired in 1982), which as of 2020 had $90 billion in assets under advisement for its clients.. Penn Mutual Asset Management is a wholly owned subsidiary of The Penn Mutual Life Insurance Company. HTK is a wholly owned subsidiary of The Penn Mutual Life Insurance Company. AM Best Affirms Credit Ratings of The Penn Mutual Life Insurance Company and Its Subsidiaries. Penn Mutual does not guarantee or warrant the accuracy, timeliness, completeness, merchantability, usefulness, or fitness for a particular use of Gateway or its content. Penn Mutual Asset Management is a wholly owned subsidiary of The Penn Mutual Life Insurance Company. The Penn Mutual Life Insurance Company (Penn Mutual), a Fortune 1000 company, received the 2020 Community Leadership Award from Travis Manion Foundation during the annual "If Not Me, Then Who" Gala, held virtually on December 10, 2020. April 15, 2020 05:29 PM Eastern Daylight Time. Nor shall Penn Mutual be liable for any loss or injury arising out of or caused in whole or in party by … HTK is a wholly owned subsidiary of The Penn Mutual Life Insurance Company. Always consult a qualified tax advisor regarding your personal tax situation and a qualified legal professional for your personal estate planning situation. Any statements about financial and company performance of The Penn Mutual Life Insurance Company or its insurance subsidiaries (each, “Client”) made by the author is provided with a written consent from the Client. The ratings for both PIA-NY and Vantis Life are based on the tight integration of these two companies with Penn Mutual, which includes common investments, management and technology. Always consult a qualified tax advisor regarding your personal tax situation and a qualified legal professional for your personal estate planning situation. HTK does not provide legal and tax advice. 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