FLOWOOD, Miss.--(BUSINESS WIRE)--

Gulf Guaranty Life Insurance Company (“GGLIC”) d/b/a American Gulf (“American Gulf”) today announced that AM Best has upgraded the company’s Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) affirmed its Financial Strength Rating of B++ (Good), and removed the ratings from under review with developing implications. The outlooks assigned to these Credit Ratings are stable.

AM Best, a global credit rating agency that specializes in the insurance industry, utilizes research and analysis to assess corporate financial strength and creditworthiness. GGLIC received AM Best’s fourth highest rating in its financial strength category after being acquired by Acturion in March 2025.

This significant upgrade of the Long-Term ICR reflects AM Best’s recognition of Gulf Guaranty Life’s very strong balance sheet strength, adequate operating performance, limited business profile, and appropriate enterprise risk management. The conclusion of the review process, initiated after the company’s acquisition by Acturion, demonstrates the growing confidence in Gulf Guaranty Life’s strategic direction and capital position under its new ownership.

In parallel, the company is proud to announce the launch of its new brand identity, American Gulf. This rebranding highlights the company’s evolution and enhanced capabilities made possible by Acturion’s resources, while building on Gulf Guaranty’s long-standing reputation for trusted service and underwriting excellence. The new American Gulf brand reflects both continuity and ambition as the company expands its reach and product offerings.

“The Long-Term ICR upgrade to `bbb+' and B++ FSR rating affirmed by AM Best underscores the balance sheet strength and disciplined risk management approach of American Gulf,” said Stephan Muecke, Managing Partner at Acturion. “This outcome reflects the quality of the platform we are building with the American Gulf brand, as we are committed to continuing our focus on long-term capital strength and sustainable growth. It is also a reflection of our trustworthiness, and our ability to provide best-in-class support to our clients, agents, and partners when they need it most.

Source: AM Best https://news.ambest.com/newscontent.aspx?refnum=269089

About Acturion

Acturion, LLC (“Acturion”) is an insurance and asset management platform committed to delivering long-term financial security through retirement-focused products and solutions. Through its operating entities – including Gulf Guaranty Life Insurance Company, now operating under the American Gulf brand – Acturion provides tailored strategies designed to drive sustainable and profitable growth. For more information visit: www.acturiongroup.com.

About American Gulf

American Gulf is the marketing brand of Gulf Guaranty Life Insurance Company and reflects the company’s renewed strategic focus on delivering retirement and financial protection solutions tailored to today’s evolving needs. Backed by the strength of Acturion and over 50 years of insurance experience, American Gulf combines disciplined risk management with forward-looking product innovation to serve individuals and families across the U.S. For more information visit: www.americangulf.com.

Since 1970, Gulf Guaranty Life Insurance Company has provided life insurance solutions to meet the financial protection needs of individuals and families. It operates under the American Gulf brand, focusing on retirement and financial protection offerings. The company holds an AM Best Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” (Good), with an outlook of stable, reflecting its very strong balance sheet strength, consistent financial performance, and disciplined risk management approach.

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Source: American Gulf