AM Best Assigns Indicative Issue Credit Ratings to Elevance Health, Inc.’s New Shelf Registration
Business Wire•12/11/2026•12:09 ET
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Key Highlights
- ➤Elevance shelf registration receives indicative senior unsecured ratings of “bbb+”
- ➤Subordinated issues receive indicative “bbb” ratings from AM Best
- ➤Preferred stock issues receive indicative “bbb-” ratings
- ➤Financial leverage was 40.8% at Sept. 30, 2026, versus 40% target range
- ➤Ratings outlook is stable; previous shelf registration ratings withdrawn after expiration
AM Best Assigns Indicative Issue Credit Ratings to Elevance Health, Inc.’s New Shelf Registration
AM Best has assigned indicative Long-Term Issue Credit Ratings of “bbb+” (Good) to senior unsecured issues, “bbb” (Good) to subordinated issues and “bbb-” (Good) to preferred stock issues to the recently filed shelf registrations of Elevance Health, Inc. (Elevance Health) (Indianapolis, IN) [NYSE: ELV]. The outlook assigned to these Credit Ratings (ratings) is stable. Concurrently, AM Best has withdrawn the ratings of the previous shelf registration, which expired.
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