NEW YORK - Standard & Poor's has affirmed its AA-plus rating for claims-paying ability of PMI Mortgage Insurance Co.

The rating is based on the company's strong capital position relative to a low risk profile and continued excellent operating performance, S&P said. The agency added that PMI had significantly improved the geographical diversification of its risk exposure.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.