Company News

TPM Life rated B++ (Good) by A.M. Best

On May 23, 2016, A.M. Best Company assigned TPM Life a financial strength rating (FSR) of B++ (Good) and an issuer credit rating (ICR) of bbb+. TPM Life had previously not been rated by the agency, but TPM’s acquisition by AmFirst Life Insurance Company (rated A-) has had an immediate positive impact. The rating assignment of TPM is based on the projected premium trend, favorable projected operating margins and its level of risk-adjusted capitalization.

Posted 05.26.2016

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TPM Life acquired by AmFirst Insurance Company

On December 31, 2015, TPM Life Insurance Company (formerly Teacher’s Protective Mutual) was acquired by AmFirst Insurance Company, an Oklahoma domiciled insurance company with administrative offices located in Jackson, Mississippi. The acquisition by the A-rated AmFirst dramatically strengthens TPM’s stability and reach while opening three additional states for AmFirst products.

Posted 05.23.2016

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PDF Resources

A.M. Best Rating Upgrade Press Release

AmFirst Aquires TPM Life Press Release