Best's rating

(redirected from Best's Ratings)

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 ?
This mission led to the development of Best's Ratings, which are now recognized worldwide as the benchmark of assessing insurers' financial strength.
The merger has not affected AM Best's ratings on Alterra and the rest of its operating subsidiaries.
following Best's Ratings according to the following scale: Secure
Along with the benefits of the Best's Ratings provided on Best's Company Reports, which now feature Property-Casualty and Life-Health databases, users also have access to a Westlaw clipping service.
AM Best's ratings take into consideration Arbella's strong risk-adjusted capitalisation, sustained operating results, established market presence and reduced underwriting leverage during the past five years.
Best's rating center at www.ambest.com for methodologies and further detail on Best's Ratings.
Affiliation codes (g, p, and r) are added to Best's Ratings to
Monitor section of BestWeek[R] Best's Ratings are proprietary and
The methodology used in determining these ratings is Best's Credit Rating Methodology, which provides a comprehensive explanation of AM Best's rating process and contains the different rating criteria employed in the rating process.
Best's Rating Scale has changed over time in an ongoing effort to increasingly distinguish the relative financial strength of insurers and adapt to changes in the insurance industry.
Eligible companies can use this icon in a manner similar to the current BestMark--for example, on their Web sites, in print and online advertising, and on the cover of Best's Rating Report reprints.
This edition of Best's Rating Changes reflects all rating changes--assignments, changes or placed trader review--that occurred for life, health and property/casualty insurers domiciled in North America, as well as international insurance companies, since this section last appeared in the November 2006 edition of Best's Review.