Fitch Ratings has affirmed Teachers Insurance and Annuity Association of America's insurer financial strength rating at AAA and issuer default rating at AA+.
The ratings agency affirmed the insurer financial strength rating of the company's unit, TIAA-CREF Life Insurance Co., at AAA, and the issuer default rating of the company's unit, Nuveen Finance LLC, at AA-.
TIAA's ratings reflect the company's strong capitalization and stable liability profile, good risk-adjusted earnings, and
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