Printer Friendly
The Free Library
19,573,952 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

A.M. Best Affirms and Assigns Ratings to Brokers National.


OLDWICK, N.J. -- A.M. Best Co. has affirmed af·firm  
v. af·firmed, af·firm·ing, af·firms

v.tr.
1. To declare positively or firmly; maintain to be true.

2. To support or uphold the validity of; confirm.

v.intr.
 the financial strength rating (FSR (Free System Resource) In Windows 3.x, the amount of unused memory in various 64K blocks reserved for managing current applications. Every open window takes some space in this area. See Windows memory limitation. ) of B+ (Very Good) and assigned an issuer credit rating (ICR (Intelligent Character Recognition or Image Character Recognition) The machine recognition of hand-printed characters as well as machine printing that is difficult to recognize. ) of "bbb-" to Brokers National Life Assurance Company (Brokers National) (Texas). The outlook for these ratings is stable.

The ICR assignment reflects Brokers National's continued positive operating results, its adequate risk-adjusted capital position and its established distribution network.

Offsetting factors include Brokers National's reliance upon one product line, its relatively modest capitalization capitalization n. 1) the act of counting anticipated earnings and expenses as capital assets (property, equipment, fixtures) for accounting purposes. 2) the amount of anticipated net earnings which hypothetically can be used for conversion into capital assets.  base and dividend requirements by its parent organization.

For 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.
, an overview of the rating process and rating methodologies, please visit www.ambest.com/ratings.

For current Best's Ratings, independent data and analysis on more than 1,100 individual life/health companies and A.M. Best groups, please visit www.ambest.com/lh.

A.M. Best Co., established in 1899, is the world's oldest and most authoritative insurance rating and information source. For more information, visit A.M. Best's Web site at www.ambest.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Nov 30, 2006
Words:163
Previous Article:FrontRange Announces GoldMine(R) Enterprise Edition 5.1 for Windows Vista.
Next Article:CryptoMetrics Secures $12 Million in Private International Financing to Support Business Growth and R&D in Biometric Technology.
Topics:



Related Articles
A.M. Best Affirms Ratings of Old Mutual Life Assurance Company -South Africa- Limited and Old Mutual plc.
A.M. Best Affirms Ratings of Madison National Life and Standard Security Life; Upgrades Independence American and Assigns Issuer Credit Ratings.
A.M. Best Removes Odyssey Re From Under Review and Assigns a Stable Outlook.
A.M. Best Affirms Ratings of ProAssurance Group.
A.M. Best Takes Various Rating Actions on The Co-operators Group.
A.M. Best Takes Various Rating Actions on United America Indemnity, Ltd. Insurance Subsidiaries.
A.M. Best Takes Various PD Rating Actions on 37 Canadian Property/Casualty Insurers.
A.M. Best Affirms Ratings of AXIS Specialty Limited and Debt Ratings of AXIS Capital Holdings Limited.
A.M. Best Assigns Rating to Community Care Behavioral Health, Inc.
A.M. Best Affirms Ratings of Lloyd's Syndicate 2007 (Formerly Lloyd's Syndicate 2147); Withdraws Ratings of Lloyd's Syndicate 1007.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles