TEXT-S&P corrects Union Central Life Insurance surplus note rating - Reuters

May 11 - Standard & Poor's Rating Services said today that it corrected its   rating on Union Central Life Insurance Co.'s (UCL; A+/Stable/--) $50 million   8.2% surplus note maturing in 2026 by raising it to 'A-' from 'BBB+'. UCL is a   wholly owned subsidiary of Ameritas Mutual Holding Co. and in our opinion is a   core subsidiary for Ameritas. UCL's operations consist of life and disability   income insurance and annuity and pension contracts.	   	   The rating on the surplus note is now two notches below our rating on UCL, in 	   accordance with our criteria.	   	   RATINGS LIST	   Rating Raised                         To          From	    Union Central Life Insurance Co.	     $50 Mil. 8.2% Surplus Note          A-          BBB+	   	   RELATED CRITERIA AND RESEARCH	        -- Group Methodology, April 22, 2009	        -- Union Central Life Ins. Co. Rtgs Raised to 'A+'; Ameritas Acacia Grp 	   Rtgs Afrmd: Otlk Stable, Jan. 3, 2006	   	   	   Complete ratings information is available to subscribers of RatingsDirect on 	   the Global Credit Portal at www.globalcreditportal.com. All ratings affected 	   by this rating action can be found on Standard & Poor's public Web site at 	   www.standardandpoors.com. Use the Ratings search box located in the left 	   column.