| Insurance
Companies Financial Strength and Claims Paying Ability Ratings |
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A.M. Best:
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B+ (Very Good) |
Ratings
Independent agencies such as A.M. Best issue ratings on insurance
companies for the benefit of consumers, investors, and the insurance
industry itself.
Agencies assess the insurance company's ability to
pay claims through close scrutiny of the insurance company's
operations and plans as well as using publicly available
information. Agencies use a number of assessment criteria including
financial strength, capital resources, stability of cash flow, and
demonstrated management performance. Other important factors include
quality of administration, marketing, and investment operations.
High ratings denote strong financial stability, and
a greater ability to meet financial obligations. Ratings can change
over time as agencies frequently re-evaluate insurance companies and
revise their ratings based on significant industry and company
events.
Click here
to see the A.M. Best ratings defined.
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