AXA Equitable is a subsidiary of AXA Financial, which is itself a member of the global AXA Group. With more than $1.1 trillion in assets under management and over 50 million clients worldwide (as of 12/31/04), the AXA Group ranks as one of the world’s largest and fastest-growing insurance and wealth management organizations. As a member of this international financial services company, AXA Equitable benefits from the global insight and expertise of a corporation that spans 50 countries.
Ratings are subject to change; contact your financial professional or insurance-licensed registered representative for more details. The ratings reflected have no bearing on the performance of the variable investment portfolios.
Moody's ratings range from Aaa to C; Standard & Poor's ratings range from AAA to R; Fitch ratings range from AAA to D and A.M. Best ratings range from A++ to S. AXA Equitable Rating ranks second among Moody's nine rankings. MLOA Rating ranks third among Standard & Poor's nine rankings. AXA Equitable Rating ranks second among Fitch's eight rankings. AXA Equitable Rating ranks first among A.M. Best's ten rankings.
Moody's applies numerical modifiers 1, 2 & 3 in each rating classification from Aa through Caa. The modifier 1 indicates that the obligation ranks in the higher end of its rating category; the modifier 2 indicates amid-range ranking and modifier 3 indicates a ranking in the lower end of that rating category.
Plus (+) or minus (-) following rating shows relative standing within the major rating categories. Applicable for Standard & Poor's, Fitch and A.M. Best ratings.