Best's rating

(redirected from Best 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 ?
Best ratings that will be available to Bloomberg users include letter ratings assessing the financial strength of insurers, reinsurers and risk-bearing organizations throughout the world, along with letter ratings on securities offered by insurance organizations that have obtained a debt rating from A.

Full browser ?