AM Best Places Credit Ratings of CVS Health Corporation’s Aetna Inc. Subsidiaries Under Review with Developing Implications
Business Wire•05/11/2026•16:49 ET
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Key Highlights
- ➤Aetna subsidiaries’ A (Excellent) FSR and “a” ICR placed under review
- ➤CVS Caremark Indemnity’s A (Excellent) FSR and “a” ICR placed under review
- ➤CVS Health plans separating into CVS Health and CVS Pharmacy
- ➤Separation expected in first half of 2028, subject to customary conditions
- ➤AM Best awaits pro forma financials, debt allocation and other metrics
AM Best Places Credit Ratings of CVS Health Corporation’s Aetna Inc. Subsidiaries Under Review with Developing Implications
AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Aetna Life Insurance Company (Hartford, CT) and the other members of Aetna Health & Life Group, which are operating entities of Aetna Inc. (Aetna) and wholly owned subsidiaries of its ultimate parent, CVS Health Corporation (CVS Health) [NYSE: CVS]. (Please see below for a detailed listing of companies.)
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