A.M. BEST COMPANY FINANCIAL STABILITY RATINGS

 

 

A++ and A+ SUPERIOR
Assigned to companies which, in Best's opinion, have demonstrated superior overall performance when compared to the standards established by the A.M. Best  Company.  A++ and A+ companies have a very strong ability to meet their  obligations to policyholders over a long period of time.


 


A and A-EXCELLENT
Assigned to companies which, in Best's opinion, have demonstrated excellent overall performance when compared to the standards established by the A.M. Best Company.  A and A- companies have a strong ability to meet their obligations to policyholders over a long period of time.


A.M. BEST'S FINANCIAL SIZE CATEGORIES
(Policyholders' Surplus + Conditional Reserve Funds)

CLASS XV

 $2.0 Billion or More CLASS X $500 Million to $750 Million

CLASS XIV

 $1.5 Billion to $2 Billion CLASS IX $250 Million to $500 Million

CLASS XIII

 $1.25 Billion to $1.5 Billion CLASS VIII $100 Million to $250 Million

CLASS XII

 $1.0 Billion to $1.25 Billion CLASS VII $50 Million to $100 Million

CLASS XI

 $750 Million to $1.0 Billion CLASS VI $25 Million to $50 Million



STANDARD & POOR'S CLAIMS-PAYING ABILITY RATINGS

AAA

 Insurers rated "AAA" offer superior financial security on both an absolute and relating basis.  They possess the highest degree of safety and have an overwhelming capacity to meet policyholders obligations.

AA

 Insurers rated "AA" offer excellent financial security, and their capacity to meet policyholder obligations differ only on a small degree from the insurers rated "AAA".

A

 Insurers rated "A" offer a strong financial security, but their capacity to meet policyholder obligations is somewhat more susceptible to adverse changes in economic or underwriting conditions than more highly rated insurers.



FITCH CLAIMS-PAYING ABILITY RATINGS

AAA

 Highest claims paying ability. Risk factors are negligible.

AA+, AA, AA-

 Very high claims paying ability. Protection factors are strong. Risk is moderate, but may vary slightly over time due to economic and/or underwriting conditions.



MOODY'S CLAIMS-PAYING ABILITY RATINGS

Aaa

 Highest quality.

Aa

 High quality by all standards; long-term risks somewhat larger.

A

 Upper medium grade; adequate security.



WEISS SAFETY RATING-PAYING ABILITY RATINGS

A+, A, A-

 Excellent. This company offers excellent financial security. It has a conservative stance in its investment strategies, business operations and underwriting commitments. This company has the necessary resources to deal with severe economic conditions.

B+, B, B-

 Good. This company offers good financial security and has the resources to deal with a variety of adverse economic conditions. However, in the event of a severe recession or major financial crisis, this assessment should be reviewed.

C+, C, C-

 Fair. This company offers fair financial security and is currently stable. But during an economic downturn or other financial pressures, it may encounter difficulties in maintaining financial stability.