(public)
Financial Strength Ratings

Agency

Rating

Outlook

Date Rating Assigned

Ranking

A.M. Best

B Stable 8/28/2013 7th of 16 ratings levels

S&P

BB- Negative 2/12/2013 13th of 21 possible ratings levels

These company ratings apply to Phoenix Life Insurance Company and PHL Variable Insurance Company. In some cases these ratings apply to our other life insurance subsidiaries.

Ratings are a third-party measure of an insurer's claims-paying ability: they do not indicate or guarantee any Phoenix Variable Annuity or Phoenix Variable Universal portfolio's credit rating or performance.

In January 2014, Moody's withdrew its ratings of The Phoenix Companies, Inc. due to insufficient information to monitor the ratings.

In 2009, Phoenix stopped providing Fitch Ratings with non-public information and ceased paying annual rating fees. Fitch continued to rate Phoenix based on public information until July 2013, when it withdrew all of its ratings.

36994 5-09

©2001-2014 The Phoenix Companies, Inc.

Insurance and annuities issued by Phoenix Life Insurance Company (PLIC) (East Greenbush, NY), PHL Variable Insurance Company (PHLVIC) (Hartford, CT) and Phoenix Life and Annuity Company (PLAC) (Hartford, CT). PHLVIC is not authorized to conduct business in NY and ME. PLAC is not authorized to conduct business in CA, GA, MA, ME, MN, NH, and NY and not authorized to conduct variable universal life insurance business in ID and LA. The insurers referenced are separate entities and each is responsible only for its own financial condition and contractual obligations.

Securities distributed by 1851 Securities, Inc. (Hartford, CT), member FINRA.

Members of The Phoenix Companies, Inc.

Not all products and services described here are available in all states of the USA.