John Hancock's S&P Rating Upgraded to 'AAA'

John Hancock today announced that Standard & Poor's Rating Services (S&P) has upgraded the financial strength rating of its insurance subsidiaries from 'AA+' to 'AAA'. The upgrades are effective today.

The upgrade was part of a broader action by S&P regarding John Hancock's parent company, Manulife Financial; the ratings of Manulife's insurance subsidiaries were increased from 'AA+' to 'AAA'.

John Hancock's S&P Rating Upgraded to 'AAA'
Source: Yahoo! Finance
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