Rating Action: Moody’s downgrades Ohio National’s ratings; outlook remains negative

May 3, 2019 – Moody’s Investors Service (“Moody’s”) has downgraded the senior debt rating of Ohio National Financial Services, Inc. (Ohio National) to Baa3 from Baa2 as well as the insurance financial strength (IFS) ratings of its core subsidiaries, Ohio National Life Insurance Co. (ONLIC) and Ohio National Life Assurance Corporation (ONLAC) to A3 from A2.[…]