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S&P affirms rating on Standard Life

Standard & Poor's Ratings Services has assigned its 'A' long-term counterparty credit and insurer financial strength ratings to UK-based life insurer Standard Life Assurance and its 'BBB+' long-term counterparty credit rating to Standard Life PLC, the parent company of Standard Life and holding company of the Standard Life group.

At the same time, Standard & Poor's withdrew its 'A/A-1' ratings on Standard Life Assurance, following the transfer of the long-term assets of Standard Life Assurance to Standard Life, in accordance

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