Best's rating

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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 ?
Group of Companies was assigned the following Best's Ratings: Constitution Life Insurance Company, Louisville, KY, Philadelphia American Life Insurance Company, Philadelphia, PA, and Southwestern Life Insurance Company and Union Bankers Life Insurance Company, both of Dallas, TX, were assigned 1994 Best's Ratings of "B++" (Very Good).
May 23 /PRNewswire/ -- The Chubb Insurance Group of Companies, GEICO Corporation Group and UNUM Life Insurance Company of America were among the 284 property/casualty and life/health companies whose 1994 Best's Ratings were released this week.
April 16 /PRNewswire/ -- Liberty Mutual Insurance Company, Boston, and Teachers Insurance and Annuity Association of America, New York, were among the 188 property/casualty and life/health insurers whose 1994 Best's Ratings were released this week by the A.
Best's Ratings will be assigned every week for the next three months based on our evaluation of 1993 financial results and subsequent relevant events.
both subsidiaries of Royal Maccabees Life Insurance Company, had their "A" (Excellent) Best's Ratings lowered to "A-," reflecting modest gains from operations and aggressive capitalization resulting from considerable growth in the annuity line of business in recent years.
Best Company today released the second of three rating monitors reviewing Best's Ratings of international insurance companies.
Best Company today released the 1993 Best's Ratings of 37 international property/casualty, 17 life/health and six Composite insurers, including Canada Life Assurance Company, Centre Reinsurance (Bermuda) Ltd.
Best Company has affirmed the "A-" (Excellent) Best's Ratings of the continuing commercial operations of the Crum & Forster Insurance Companies.
Best's Ratings reflect our independent opinion, but are not a warranty of a company's financial strength and ability to meet its obligations to policyholders.
In addition, the "A-" (Excellent) Best's Rating of the First of Hawaii insurance group (Honolulu), a majority-owned group of Continental, has been placed under review with negative implications, as well as the "A+" (Superior) Best's Ratings of Continental Assurance Company and Valley Forge Life Insurance Company (Chicago), both life/health subsidiaries, has been placed under review with negative implications.
Best's Ratings are recognized worldwide as the benchmark for assessing financial strength.
Secure Best's Ratings A++ and A+ Superior A and A- Excellent B++ and B+ Very Goad Vulnerable Best's Ratings B and B- Fair C++ and C+ Marginal C and C- Weak D Poor E Under Regulatory Supervision F In Liquidation S Rating Suspended Secure FPR Ratings FPR 9 Very Strong FPR 8 and 7 Strong FPR 6 and 5 Good Vulnerable FPR Ratings FPR 4 Fair FPR 3 Marginal FPR 2 Weak FPR 1 Poor