Printer Friendly

Best's Rating Changes. (Ratings).

This summary of Best's Rating Changes lists life/health, property/casualty and international insurers, as well as health maintenance organizations, that had ratings assigned, changed or placed under review since this section last appeared in the November 2001 edition of Best's Review.

Best's Rating Changes is an abbreviated version of Best's Rating Monitor. Previously a stand-alone 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 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 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 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 your request, please provide the company's identification number (AMB #).

* 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 (FPR)

A.M. Best assigns 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 and qualitative 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 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 change. Qualified (q) Rating Modifiers may be assigned to Health Maintenance Organizations (HMO's) and Canadian insurers that do not subscribe to our interactive rating process. Best's Qualified Ratings are therefore based primarily on a quantitative analysis 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 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 (s) Rating Modifiers are assigned to syndicates operating at Lloyd's.
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)

Assigned to all insurance companies and reflects their size based on their capital, surplus and conditional reserve funds. For information, refer to the Preface.

Best's Ratings are proprietary and may not be reproduced without permission.
COPYRIGHT 2001 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Best's Review
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 1, 2001
Words:3953
Previous Article:Brown & Brown Adds Another Agency. (Briefing).
Next Article:Assessing the Damage: As claims from the Sept. 11 terrorist attacks stream in, insurers offer checks and empathy. (Cover Story).
Topics:


Related Articles
Best's Rating Changes.
Best's Rating Changes.
Best's Rating Changes.
Best's rating changes. (Ratings).
Best's Rating Changes. (Ratings).
Best's rating changes. (Ratings).
Best's Rating Changes. (Ratings).
Best's Rating Changes. (Ratings).
Best's rating changes. (Ratings).
Best's rating changes.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters