Best's Rating Changes. (Ratings).This summary of Best's Rating Best's ratingA rating A.M. Best Co. assigns to insurance companies based on the company's ability to meet its obligations to its policyholders. Changes lists life/health, property/casualty and international insurers, as well as health maintenance organizations, that had ratings assigned as·sign tr.v. as·signed, as·sign·ing, as·signs 1. To set apart for a particular purpose; designate: assigned a day for the inspection. 2. , changed or placed under review since this section last appeared in the November November: see month. 2001 edition of Best's Review. Best's Rating Changes is an abbreviated version of Best's Rating Monitor. Previously a stand-alone (jargon) stand-alone - Capable of operating without other programs, libraries, computers, hardware, networks, etc. Exactly what is absent is presumed to be obvious from context. "We only run Windows on stand-alone PCs because it's too dangerous to run it on networked ones." publication, Best's Rating Monitor is now a featured section in BestWeek, A.M. Best Co.'s weekly news report. Best's Rating Monitor contains a compilation Compiling a program. See compiler. of all recent rating releases plus supporting rationales for the industry's largest insurance groups and for insurers whose ratings were changed or placed under review. For more information on how to obtain A.M. Best Co. products and publications, including Best's Ratings and Best's Company Reports for individual companies, see page 127. See page 24 for the Current Guide to Best's Ratings or visit www.ambest.com/ratings/access.html for detailed rating definitions.
Ratings Changed
Life/Health
Rating
Action Company State AMB#
New Balboa Life Insurance Co of NY NY 60347
- Citizens Security Life Ins Co KY 06227
CSA Fraternal Life IL 06303
Harvard Pilgrim Hith Care of MA 64342
NE
+ Integrity Life Ins Co OH 07739
- London Life Reinsurance Co PA 60237
Ministers Life Insurance Co MN 09064
+ National Integrity Life Ins Co NY 07798
New Old United Reinsurance Co AZ 60011
United International Life Ins TX 68378
New Universal Life Insurance Co PR 60097
- Western United Life Assur Co WA 08077
Rating Current Prior
Action Company Rating Rating
New Balboa Life Insurance Co of NY A NR-1
- Citizens Security Life Ins Co B- B
CSA Fraternal Life NR-4 B
Harvard Pilgrim Hith Care of E NR-3
NE
+ Integrity Life Ins Co A+ A
- London Life Reinsurance Co A A+
Ministers Life Insurance Co NR-5 A+
+ National Integrity Life Ins Co A+ A
New Old United Reinsurance Co B++ FPR 5
United International Life Ins NR-2 FPR 4u
New Universal Life Insurance Co B++ FPR 5
- Western United Life Assur Co B B+
HMO
Rating
Action Company State AMB#
New Children Mercy/Truman Medical MO 64183
New Florida 1st Health Plans Inc FL 68925
New Health First Health Plans FL 64115
New Healthcare Oklahoma, Inc OK 64166
Humana Kansas City, Inc MO 68906
New San Mateo Health Commission CA 64575
New Valley Baptist Health Plan Inc TX 64520
New Western Health Advantage CA 64577
Rating Current Prior
Action Company Rating Rating
New Children Mercy/Truman Medical C++q NR-5
New Florida 1st Health Plans Inc C++q NR-5
New Health First Health Plans B q NR-5
New Healthcare Oklahoma, Inc F D q
Humana Kansas City, Inc NR-5 A-
New San Mateo Health Commission C++q NR-5
New Valley Baptist Health Plan Inc C+ q NR-5
New Western Health Advantage C++q NR-5
Property/Casualty
Rating
Action Company State AMB#
+ Ancon Insurance Company, Inc. 85810
+ Ancon Ins & Petroleum Cas Grp VT 25001
New Anpac Louisiana Insurance Co LA 12472
- Canadian Millers Mut Ins Co ON 85715
- Canterbury Financial Group CT 18335
New Carolina American Insurance Co SC 02043
- Chartwell Insurance Company CT 02567
+ Commercial Underwriters Ins Co CA 11316
New Commonwealth Contractors Group VA 55025
- Dakota Specialty Insurance Co ND 11981
- Farm Bureau Town & Country MO MO 00360
New Forestry Mutual Insurance Co NC 12251
- Fortune Insurance Company FL 03530
New General Fire & Casualty Co ID 01917
Great Plains Mutual Ins Co KS 04803
- Insurance Corp of New York NY 03500
+ Louisiana Farm Bureau Mutual LA 00561
Lumbermens Underwriters TX 03243
+ Lutheran Mutual Fire Ins Co IL 03522
+ Main Street America Assur Co NH 00526
+ Main Street America Group NH 18355
Meridian Mutual Insurance Co IN 00596
+ National Grange Mutual Ins NH 00678
+ Newmarket Underwriters Ins Co NH 11990
- North American Fire & Cas Ins LA 11685
+ Old Dominion Insurance Co FL 02822
New Old Republic Ins Co of Canada ON 86563
Old Republic Standard Ins Co AZ 00745
Orion Capital Companies CT 00082
Orion Insurance Company CT 02584
OrionAuto Group CO 02929
+ Petroleum Casualty Company TX 00769
New Phoenix Assurance Co of NY NH 02400
- Reliance Direct Insurance Co PA 12074
- Reliance Insurance Company PA 02419
- Reliance Insurance Co of IL IL 04271
- Reliance Lloyds TX 02716
- Reliance National Indemnity Co WI 02417
- Reliance National Ins Co DE 10636
- Reliance Surety Company DE 11213
- Reliance Universal Ins Co Inc CA 11310
- Republic Western Insurance Co AZ 03597
- Republic Western Insurance Grp NV 18443
Royal & SunAlliance USA Ins Gr DE 00074
New Royal&SunAlliance USA Ins Pool DE 18566
- Sable Insurance Company CA 12043
New Sea Insurance Co of Amer NY 02094
+ Southern Group Indemnity, Inc FL 11104
+ Standard Casualty Company TX 03219
- Trenwick America Reins Corp CT 03747
- Trenwick Group BM 18503
+ Underwriters Insurance Co NE 11671
- Underwriters Lloyds London(IL) GB 00565
- Underwriters Lloyds London(KY) GB 04093
Underwriters Reinsurance Co NH 00219
Underwriters Reinsurance Group NH 18206
- United Capitol Insurance Co IL 02795
- United Pacific Insurance Co PA 02537
United Pacific Ins Co of NY NY 03798
Viking Group WI 18248
+ Viking Insurance Company of WI CO 04410
Rating Current Prior
Action Company Rating Rating
+ Ancon Insurance Company, Inc. A+ A
+ Ancon Ins & Petroleum Cas Grp A+ A
New Anpac Louisiana Insurance Co A+ NR-5
- Canadian Millers Mut Ins Co D q B q
- Canterbury Financial Group A- A
New Carolina American Insurance Co A+ NR-3
- Chartwell Insurance Company A- A
+ Commercial Underwriters Ins Co A++ A+
New Commonwealth Contractors Group A- NR-5
- Dakota Specialty Insurance Co A- A
- Farm Bureau Town & Country MO A- A
New Forestry Mutual Insurance Co B+ NR-2
- Fortune Insurance Company F E
New General Fire & Casualty Co B+ NR-2
Great Plains Mutual Ins Co NR-5 A-
- Insurance Corp of New York A- A
+ Louisiana Farm Bureau Mutual A- B++
Lumbermens Underwriters NR-4 B+
+ Lutheran Mutual Fire Ins Co B++ B+
+ Main Street America Assur Co A A-
+ Main Street America Group A A-
Meridian Mutual Insurance Co NR-5 A u
+ National Grange Mutual Ins A A-
+ Newmarket Underwriters Ins Co A++ A+
- North American Fire & Cas Ins B+ B++u
+ Old Dominion Insurance Co A A-
New Old Republic Ins Co of Canada A- B+ q
Old Republic Standard Ins Co NR-3 B+
Orion Capital Companies NR-5 A+
Orion Insurance Company NR-3 A+
OrionAuto Group NR-5 A+
+ Petroleum Casualty Company A+ A
New Phoenix Assurance Co of NY A+ NR-3
- Reliance Direct Insurance Co F E
- Reliance Insurance Company F E
- Reliance Insurance Co of IL F E
- Reliance Lloyds F E
- Reliance National Indemnity Co F E
- Reliance National Ins Co F E
- Reliance Surety Company F E
- Reliance Universal Ins Co Inc F E
- Republic Western Insurance Co B+ B++u
- Republic Western Insurance Grp B+ B++u
Royal & SunAlliance USA Ins Gr NR-5 A+
New Royal&SunAlliance USA Ins Pool A+ NR-5
- Sable Insurance Company F E
New Sea Insurance Co of Amer A+ NR-5
+ Southern Group Indemnity, Inc B- C+
+ Standard Casualty Company A- B++
- Trenwick America Reins Corp A- A u
- Trenwick Group A- A u
+ Underwriters Insurance Co A++ A+
- Underwriters Lloyds London(IL) A- u A
- Underwriters Lloyds London(KY) A- u A
Underwriters Reinsurance Co NR-3 A+
Underwriters Reinsurance Group NR-5 A+
- United Capitol Insurance Co E D
- United Pacific Insurance Co F E
United Pacific Ins Co of NY NR-5 E
Viking Group NR-5 A
+ Viking Insurance Company of WI A+ A
International
Rating
Action Company State AMB#
Bahrain
- Arig Reinsurance Company B.S.C 86938
Barbados
New United Insurance Company 86916
Limited
Belgium
Sirius Belgium Reassurances SA 85569
Bermuda
New Evergreen Insurance Co. Ltd. 73684
New Hampton Re Limited 84187
- LaSalle Re Limited 86314
New Partner Reinsurance Company 84424
Ltd.
Denmark
- The Copenhagen Reinsurance 85804
Company Ltd
- The Copenhagen 85996
Reinsurance Group
Ireland
- QBE Reinsurance (Europe) 84028
Limited
Japan
New Mitsui Sumitomo Insurance 84422
Company, Limited
Netherlands
New Hannover International 87866
Insurance (nederland) N.V.
Pakistan
Adamjee Insurance Company 85699
Limited
South Korea
New Dongbu Insurance Company, Ltd. 87968
Trinidad And Tobago
- The Caribbean Home Insurance 86364
Company Limited
United Kingdom
+ Alliance Assurance Company Lim 85105
Limited
Arig Insurance Company Limited 86158
Liberty Mutual Insurance 87425
Company (U.K.) Limited
- Lloyd's of London 85202
- Lloyd's Syndicate 1243 48321
- QBE International Insurance 86126
Limited
- Reliance National Insurance 86674
Company (Europe) Limited
- Trenwick International Limited 86512
Rating Current Prior
Action Company Rating Rating
Bahrain
- Arig Reinsurance Company B.S.C B++u A- u
Barbados
New United Insurance Company A- NR-5
Limited
Belgium
Sirius Belgium Reassurances SA NR-5 A+
Bermuda
New Evergreen Insurance Co. Ltd. A- NR-5
New Hampton Re Limited A- NR-5
- LaSalle Re Limited A- A u
New Partner Reinsurance Company A+ NR-5
Ltd.
Denmark
- The Copenhagen Reinsurance B++u A- u
Company Ltd
- The Copenhagen B++u A- u
Reinsurance Group
Ireland
- QBE Reinsurance (Europe) A- u A
Limited
Japan
New Mitsui Sumitomo Insurance A++ NR-5
Company, Limited
Netherlands
New Hannover International A NR-5
Insurance (nederland) N.V.
Pakistan
Adamjee Insurance Company NR-3 B++u
Limited
South Korea
New Dongbu Insurance Company, Ltd. A- NR-5
Trinidad And Tobago
- The Caribbean Home Insurance B++ A-
Company Limited
United Kingdom
+ Alliance Assurance Company Lim A+ A
Limited
Arig Insurance Company Limited NR-3 B+
Liberty Mutual Insurance NR-5 A- q
Company (U.K.) Limited
- Lloyd's of London A- u A
- Lloyd's Syndicate 1243 A- su A s
- QBE International Insurance A- u
Limited
- Reliance National Insurance F E
Company (Europe) Limited
- Trenwick International Limited A- A u
Rating Action: (+) or (-) Rating upgraded or downgraded;
(New) Assigned initial rating;
(u) Rating placed under review
Ratings Under Review
Life/Health
Current
Company State AMB# Rating
American United Life Ins Co IN 06109 A u
Bankers Life and Casualty Co IL 06149 A- u
Conseco Annuity Assurance Co IL 06080 A- u
Conseco Direct Life Ins Co PA 06240 A- u
Conseco Health Ins Co AZ 08101 A- u
Conseco Life Insurance Company IN 06692 A- u
Conseco Life Ins of New York NY 60002 A- u
Conseco Medical Ins Co IL 06516 A- u
Conseco Senior Health Ins Co PA 07910 A- u
Conseco Variable Insurance Co TX 06475 A- u
Farmers New World Life Ins Co WA 06373 A+ u
Federal Kemper Life Assurance IL 06376 A+ u
Fidelity Life Association IL 06386 A+ u
Gerling Global Life Ins Co ON 06460 A u
Gerling Global Life Reins Co CA 60212 A u
Investors Insurance Corp DE 06583 A+ u
Kemper Investors Life Ins Co IL 06225 A+ u
Manhattan National Life Ins Co IL 06842 A- u
Pioneer Life Ins Co IL 06984 A- u
Republic-Vanguard Life Ins Co TX 06996 A+ u
Scor Life U S Re Insurance Co TX 06555 A+ u
United Presidential Life Ins IN 07184 A- u
Washington National Ins Co IL 07218 A- u
Zurich Kemper Life Ins of NY NY 60360 A+ u
Zurich Life Ins Co of Amer IL 07266 A+ u
HMO
Current
Company State AMB# Rating
HealthLink HMO, Inc MO 60152 B++u
Healthy Alliance Life Ins Co MO 08217 B++u
HMO Missouri, Inc MO 68790 B++u
RightChoice Insurance Co IL 60024 B++u
Property/Casualty
Current
Company State AMB# Rating
American Dynasty Surplus Lines DE 03293 A u
American Guarantee & Liab Ins NY 02562 A+ u
American Mfrs Mutual Ins Co IL 02273 A u
American Motorists Ins Co IL 02274 A u
American Protection Ins Co IL 02275 A u
American Spirit Insurance Co IN 10618 A u
American Zurich Insurance Co IL 02743 A+ u
Associated International Ins CA 04898 A- u
Assurance Company of America NY 02303 A+ u
Athena Assurance Company MN 01704 A+ u
Berkshire Mutual Ins Co MA 00212 B+ u
Bridgefield Casualty Ins Co FL 11812 A+ u
Bridgefield Employers Ins Co FL 12158 A+ u
Caliber One Indemnity Company DE 03194 A u
Civic Property & Casualty Co CA 11778 A+ u
Colonial American Cas & Surety MD 03739 A+ u
Colorado Casualty Ins Co CO 11325 A+ u
Commercial Risk Re-Insurance VT 11378 A+ u
Constitution Insurance Company NY 11980 A u
Deerfield Insurance Company IL 04826 A- u
Discover Prop & Cas Ins Co IL 03792 A+ u
Discover Specialty Ins Co IL 11763 A+ u
Eagle American Insurance Co OH 00173 A u
Eagle Pacific Insurance Co WA 03803 A u
Eden Park Insurance Company IN 10937 A u
Empire Fire & Marine Ins Co NE 02147 A+ u
Empire Indemnity Ins Co OK 02148 A+ u
Employers Insurance of Wausau WI 02159 A+ u
Essex Insurance Company DE 02732 A u
Evanston Insurance Company IL 03759 A u
Exact Property & Casualty Co CA 11779 A+ u
Farmers Insurance Company Inc KS 03100 A+ u
Farmers Insurance Co of AZ AZ 04158 A+ u
Farmers Insurance Co of ID ID 04159 A+ u
Farmers Insurance Co of OR OR 04305 A+ u
Farmers Insurance Co of WA WA 04306 A+ u
Farmers Insurance Exchange CA 02171 A+ u
Farmers Insurance Group CA 00032 A+ u
Farmers Ins of Columbus Inc OH 02577 A+ u
Farmers New Century Ins Co IL 12089 A+ u
Farmers Texas County Mut Ins TX 04097 A+ u
Fidelity and Deposit Co of MD MD 00387 A+ u
Fidelity & Guaranty Ins Co IA 03762 A+ u
Fidelity & Guaranty Ins Undrs WI 02538 A+ u
Fire Insurance Exchange CA 02172 A+ u
First Liberty Ins Corp IA 10764 A+ u
General Security Indemnity Co NY 03845 A+ u
General Security Insurance Co NY 11353 A+ u
General Security Prop & Cas Co NY 03129 A+ u
GeoVera Insurance Company MD 12075 A+ u
Gerling Global Re Corp of Amer NY 03046 A u
Gerling Global Reinsurance Co ON 85750 A u
Golden Eagle Insurance Corp CA 12076 A+ u
Great American Alliance Ins Co OH 03521 A u
Great American Assurance Co OH 02004 A u
Great Amer Contemporary Ins Co IL 11873 A u
Great American E&S Ins Co DE 03837 A u
Great American Insurance Cos OH 05990 A u
Great American Insurance Co OH 02213 A u
Great American Insurance Co NY NY 02210 A u
Great American Lloyds Ins Co TX 03839 A u
Great Texas County Mut Ins Co TX 03572 A u
GreatLand Insurance Company OH 12330 A u
Illinois Farmers Ins Co IL 04083 A+ u
Insurance Corp of Hannover IL 02643 A u
Kemper Auto & Home Ins Co IL 12212 A u
Kemper Casualty Insurance Co IL 12301 A u
Kemper Employers Insurance Co IL 11755 A u
Kemper Environmental Ltd IL 12104 A u
Kemper Indemnity Insurance Co IL 12183 A u
Kemper Independence Ins Co IL 12213 A u
Kemper Insurance Companies IL 04427 A u
Kemper Lloyds Insurance Co TX 01759 A u
Kemper Surplus Lines Ins Co IL 12229 A u
Lawrenceville Prop & Cas Co VA 11865 A- u
Liberty Ins Co of America IL 11798 A+ u
Liberty Insurance Co of Canada ON 87725 A+ u
Liberty Insurance Corporation VT 01812 A+ u
Liberty Insurance Underwriters NY 02087 A+ u
Liberty Lloyds of Texas Ins Co TX 12410 A+ u
Liberty Mutual Fire Ins Co MA 02282 A+ u
Liberty Mutual Insurance Cos MA 00060 A+ u
Liberty Mutual Insurance Co MA 02283 A+ u
Liberty Personal Insurance Co MI 03028 A+ u
Liberty Surplus Ins Corp NH 12078 A+ u
LM Insurance Corporation IA 10765 A+ u
Lumbermens Mutual Casualty Co IL 02279 A u
Maine Bonding & Casualty Co ME 02304 A+ u
Markel American Insurance Co VA 00602 A u
Markel Insurance Company IL 02699 A u
Markel North America Ins Group VA 03191 A u
Maryland Casualty Company MD 02306 A+ u
Maryland Insurance Company TX 02305 A+ u
Maryland Lloyds TX 03783 A+ u
Merchants & Business Mens Mut PA 00588 A+ u
Mid-Century Insurance Co CA 02173 A+ u
Mid-Century Ins Co of Texas TX 00270 A+ u
Miix Group NJ 18349 A- u
Miix Insurance Company NJ 03737 A- u
Miix Insurance Co of New York NY 12234 A- u
Montgomery Indemnity Company MD 10649 A+ u
Montgomery Mutual Ins Co MD 00662 A+ u
Mountbatten Surety Co, Inc PA 11472 A+ u
National Standard Ins Co TX 02307 A+ u
Neighborhood Spirit P&C Co CA 11780 A+ u
Northbrook Prop & Cas Ins Co IL 02016 A+ u
Northern Insurance Co of NY NY 02308 A+ u
Pacific Eagle Insurance Co CA 10627 A u
Pacific Select Property Ins Co CA 12042 A+ u
PMA Capital Insurance Company PA 02707 A u
PMA Capital Insurance Group PA 18436 A u
PXRE Reinsurance Company CT 02797 A u
Ridgeland Insurance Company OH 12331 A u
Rock River Insurance Company IL 00812 A+ u
St Paul Companies MN 00080 A+ u
St Paul Fire & Casualty Ins
Co WI 01701 A+ u
St Paul Fire & Marine Ins Co MN 02452 A+ u
St Paul Guardian Ins Co MN 04311 A+ u
St Paul Insurance Company TX 03130 A+ u
St Paul Insurance Co of IL IL 04871 A+ u
St Paul Insurance Co of ND ND 01703 A+ u
St Paul Medical Liab Ins Co MN 01705 A+ u
St Paul Mercury Insurance Co MN 02453 A+ u
St Paul Property & Cas Ins Co NE 01702 A+ u
St Paul Surplus Lines Ins Co DE 03592 A+ u
Scor Canada Reinsurance Co ON 85445 A+ u
Scor Reinsurance Company NY 03599 A+ u
Scor U S Group NY 03873 A+ u
Seaboard Surety Company NY 00823 A+ u
Shelter Reinsurance Company MO 00503 A- u
Specialty National Ins Co IL 12302 A u
Specialty Surplus Insurance Co NJ 12349 A u
Steadfast Insurance Company DE 03557 A+ u
Texas Farmers Insurance Co TX 03312 A+ u
Transport Insurance Company OH 00912 A u
Truck Insurance Exchange CA 02174 A+ u
United States Fid & Guar Co MD 02539 A+ u
Universal Underwriters Ins Co KS 02297 A+ u
Universal Underwriters of TX TX 02818 A+ u
USF&G Family Insurance
Company MD 11795 A+ u
USF&G Insurance Company
of MS MS 11568 A+ u
USF&G Specialty Insurance Co MD 11678 A+ u
Valiant Insurance Company IA 03559 A+ u
Wausau Business Insurance Co WI 02550 A+ u
Wausau General Insurance Co WI 04274 A+ u
Wausau Underwriters Ins Co WI 00956 A+ u
Worldwide Casualty Ins Co KY 02828 A u
Worldwide Direct Auto Ins Co KY 03045 A u
Worldwide Insurance Company OH 00609 A u
Zurich American Insurance Co NY 02563 A+ u
Zurich American Ins Co of IL IL 03565 A+ u
Zurich U.S. NY 04430 A+ u
International
Company Current
Australia AMB# Rating
Gerling Global Life
Reinsurance 86598 A u
Company of Australia Pty
Limited
Gerling Global
Reinsurance 86599 A u
Company of Australia Pty
Limited
Barbados
Gerling Global
International 86640 A u
Reinsurance Company
Limited
Bermuda
Commercial Risk
Reinsurance 86514 A+ u
Company Limited
Terra Nova (Bermuda)
Holdings Ltd. 86428 A- u
Terra Nova (Bermuda)
Insurance 86337 B+ u
Company Ltd.
France
Scor 85027 A+ u
Scor Group 86155 A+ u
Germany
E+S Rueckversicherungs-
AG 85064 A+ u
Gerling-Konzern Globale 85476 A u
Rueckversicherungs-
Aktiengesellschaft
Hannover Rueckversicher-
ungs-AG 85070 A+ u
Scor Deutschland 85312 A+ u
Ireland
E+S Reinsurance
(Ireland) Ltd. 86580 A+ u
Hannover Reinsurance
(Ireland) Limited 86581 A+ u
Liberty International
Insurance 87184 A+ u
Company Limited
Italy
Scor Italia
Riassicurazioni 85232
Singapore
Folksam Interational
Insurance 86962 A- u
Company Ltd (Singapore
Branch)
Scor Asia-Pacific Pte Ltd 86117 A+ u
South Africa
Gerling Global 86600 A u
Reinsurance
Company of South Africa
Limited
Sweden
Folksam International 85034 A- u
Insurance Company Ltd.
Gerling Global Sweden 86613 A u
Reinsurance Company Ltd.
Switzerland
Gerling Globale
Rueckversicherung AG 86595 A u
Zurich Financial Services
Group 86976 A+ u
Zurich Insurance Company 85095 A+ u
United Kingdom
Allied Dunbar Assurance
plc 85950 A+ u
Eagle Star Life Assurance
Company Limited 85813 A+ u
Gerling Global Life
Reassurance 86597 A u
Company (UK) Limited
Iron Trades Insurance
Company Limited 86487 A- u
St. Paul International
Insurance 85363 A+ u
Company Limited
St. Paul Reinsurance
Company Limited 85545 A+ u
St. Paul Reinsurance
Company Limited 85545 A+ u
Scor UK Company Ltd 85448 A+ u
Terra Nova Insurance
Company Limited 85173 A- u
Zurich Life Assurance
Company Limited 86272 A+ u
Rating Action: (+) or (-)
Rating upgraded or downgraded; (New) Assigned initial rating; (u)
Rating place under review
RELATED ARTICLE: Ratings CURRENT GUIDE TO BEST'S RATINGS For a complete explanation of Best's Ratings, please refer to the Preface pref·ace n. 1. a. A preliminary statement or essay introducing a book that explains its scope, intention, or background and is usually written by the author. b. An introductory section, as of a speech. 2. of Best's Insurance Reports(R) or Best's Key Rating Guide(R). Best's Ratings reflect our independent opinion, but are not a warranty An assurance, promise, or guaranty by one party that a particular statement of fact is true and may be relied upon by the other party. Warranties are used in a variety of commercial situations. In many instances a business may voluntarily make a warranty. of a company's financial strength and ability to meet its obligations to policyholders. * For the latest Best's Ratings and Best's Company Reports (which include Best's Ratings) visit the A.M. Best Web site at www.ambest.com. You may also obtain Best's Company Reports by calling our Customer Service Department at (908) 439-2200, Ext. 5742. To expedite ex·pe·dite tr.v. ex·pe·dit·ed, ex·pe·dit·ing, ex·pe·dites 1. To speed up the progress of; accelerate. 2. your request, please provide the company's identification number (AMB AMB Ambient AMB Ambassador AMB Amber AMB Ambulance AMB Associação Médica Brasileira (Brazil) AMB Ambulatory AMB Advanced Memory Buffer (FBDIMM control unit on DRAM) #). * All rating actions are published in the Rating Monitor section of BestWeek(R). Selected rating changes and new ratings are published in Best's Review(R) (our monthly magazine). BESTS RATINGS AND FINANCIAL PERFORMANCE RATINGS See benchmark. (FPR FPR Ford Performance Racing FPR Front Patriotique Rwandais (Rwanda Patriotic Front) FPR Floating-Point Register (CPU architecture) FPR Fuel Pressure Regulator (automotive) ) A.M. Best assigns Individuals to whom property is, will, or may be transferred by conveyance, will, Descent and Distribution, or statute; assignees. The term assigns is often found in deeds; for example, "heirs, administrators, and assigns to denote the assignable nature of 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). The Best's Rating represents an opinion based on a comprehensive quantitative quantitative /quan·ti·ta·tive/ (kwahn´ti-ta?tiv) 1. denoting or expressing a quantity. 2. relating to the proportionate quantities or to the amount of the constituents of a compound. and qualitative qualitative /qual·i·ta·tive/ (kwahl´i-ta?tiv) pertaining to quality. Cf. quantitative. qualitative pertaining to observations of a categorical nature, e.g. breed, sex. evaluation of a company's balance sheet strength, operating performance and business profile. The FPR represents an opinion based primarily on a quantitative evaluation of a company's balance sheet strength and operating performance for companies That do not meet the minimum size and/or and/or conj. Used to indicate that either or both of the items connected by it are involved. Usage Note: And/or is widely used in legal and business writing. operating experience requirements for a Best's Rating. Secure Best's Ratings A++ and A+ Superior A and A- Excellent B++ and B+ Very Good 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 RATING MODIFIERS Under Review (u) Rating Modifiers are assigned to Best's Ratings and Financial Performance Ratings to identify companies whose rating opinions are Under Review and may be subject to near-term near-term adj. Of, for, or involving a short period of time in the near future. change. Qualified (q) Rating Modifiers may be assigned to Health Maintenance Organizations (HMO's) and Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. insurers that do not subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our interactive rating process. Best's Qualified Ratings are therefore based primarily on a quantitative analysis Quantitative Analysis A security analysis that uses financial information derived from company annual reports and income statements to evaluate an investment decision. Notes: of a company's balance sheet strength and operating performance. Best's Public Data (pd) Rating Modifiers may be assigned to UK and other European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. insurers that do not subscribe to our interactive rating process. Best's Public Data Ratings reflect both qualitative and quantitative analysis using publicly available data and other public information. Syndicate Syndicate organized crime unit throughout major cities of the United States. [Am. Hist.: NCE, 2018] See : Gangsterism (s) Rating Modifiers are assigned to syndicates operating at Lloyd's Lloyd's, London insurance underwriting corporation of many separate syndicates; often called Lloyd's of London. Founded in the late 17th cent. by a group of merchants, shipowners, and insurance brokers at the coffeehouse of Edward Lloyd, the association is now .
Rating Modifiers
u Under Review
q Qualified
s Syndicate
pd Public Data
NOT RATED CATEGORIES (NR)
Companies not assigned a Best's Rating or FPR are assigned to one of
five NR categories which identifies the primary reason a rating opinion
was not assigned to the company. For additional information, refer to
the Preface.
NR-1 Insufficient Data
NR-2 Insufficient Size and/or
Operating Experience
NR-3 Rating Procedure Inapplicable
NR-4 Company Request
NR-5 Not Formally Followed
FINANCIAL SIZE CATEGORIES (FSC FSC See: Foreign Sales Corporation ) Assigned to all insurance companies and reflects their size based on their capital, surplus and conditional Subject to change; dependent upon or granted based on the occurrence of a future, uncertain event. A conditional payment is the payment of a debt or obligation contingent upon the performance of a certain specified act. reserve funds. For information, refer to the Preface. Best's Ratings are proprietary and may not be reproduced without permission. |
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