Best's rating

Best's rating

A rating A.M. Best Co. assigns to insurance companies based on the company's ability to meet its obligations to its policyholders.

Best's Rating

A measure of the credit quality of an insurance company. That is, the rating measures an insurance company's ability to pay claims that might be made. Best's ratings can be between A and F, with A being the highest rating. Best's ratings have historically been issued for insurance companies exclusively, but, more recently, they have been applied to a few small banks. They are issued by the A.M. Best Company.
References in periodicals archive ?
Cincinnati Financial Group, Cincinnati, was assigned a 1994 Best's Rating of "A++" (Superior).
Connecticut General Life Insurance Company, Hartford, CT, was assigned a 1994 Best's Rating of "A+" (Superior).
Qualified (q) Rating Modifiers may be assigned to Health Maintenance Organizations (HMOs), Canadian insurers and U insurers that meet the minimum size and operating experience requirements for a Best's Rating but do not subscribe to our interactive rating process.
Continental Best's Rating of "A-" (Excellent) was affirmed for the 1994 rating season; however, it was placed under review with "developing implications" pending further evaluation of the group's capital preservation efforts, restructuring actions and future business plans.
Best assigns to insurance companies one of three types of rating opinions, a Best's Rating (A++ to F), a Financial Performance Rating (9 to 1), or a Qualified Rating (A++ to F denoted with a "q" subscript).
Best assigns to insurance related organizations one of two types of rating opinions, a Best's Rating (A++ to F) or a Financial Performance Rating (9 to 1).
Best Company has placed the "A" (Excellent) Best's Rating of the CNA Insurance Companies (property/ casualty), Chicago, as well as the "A-" (Excellent) Best's Rating of the Continental Insurance Companies (property/ casualty), New York, under review with developing implications.
Best's rating methodologies as well as the benefits associated with having a Best's Rating.
Qualified (q) Rating Modifiers may be assigned to Health Maintenance Organizations (HMOs), Canadian insurers and UK insurers that meet the minimum size and operating experience requirements for a Best's Rating but do not subscribe to our interactive rating process.
30 /PRNewswire/ -- Effective immediately, the "A++" (Superior) Best's Rating of The Franklin Life Insurance Company, Springfield, IL, was placed under review with uncertain implications.
This summary of Best's Rating Changes lists life/health, property/casualty and international insurers, as well as health maintenance organizations, that had ratings assigned, changed or placed under review since this section last appeared in the November 2000 edition of Best's Review.
The Chiyoda Fire & Marine Insurance Company Limited, Tokyo, Japan, was assigned a 1994 Best's Rating of "A+" (Superior).