AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of the core Blue Cross Blue Shield- branded insurance subsidiaries of Elevance Health, Inc., as well as its life insurance subsidiaries.

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of "bbb+" (Good) of Sapphire Reinsurance Company (Sapphire) (Cayman Islands). The outlook of these Credit Ratings (ratings) is stable.

AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of“ bbb” to Atlanta Life Insurance Company. In January 2023, Atlanta Life Holdings acquired ALIC, the 100- plus year-old Georgia- domiciled insurance company,