CURRENT GUIDE TO BEST'S RATINGS.
BEST'S 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 and operating performance. The FPR represents an opinion based primarily on a quantitative evaluation of a company's financial strength and operating performance for companies that do not meet the minimum size and/or operating experience requirements for a Best's Rating.
RATING MODIFIERS and AFFILIATION CODES
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 (HMOs), Canadian insurers and U insurers that meet the minimum size and operating experience requirements for a Best's Rating but 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. Affiliation Codes are based on a Group (g), Pooling (p) or Reinsurance (r) affiliation with other insurers.
NOT RATED CATEGORIES (NR)
Companies not assigned a Bests 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.
FINANCIAL SIZE CATEGORIES (FSC)
Assigned to all insurance companies and reflects their size based on their capital, surplus and conditional reserve funds in millions of U.S. dollars, using the scale below. For additional information, refer to the Preface.
How to obtain the latest Best's Ratings
* For the latest Best's Ratings and Bests Company Reports (which include Best's Ratings) visit the A.M. Best web site at www.ambest.com. You may also obtain Bests 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 Best's Rating Monitor (our most timely and complete release of ratings in print). Selected rating changes and new ratings are published in Best Week [R] and Best's Review [R] (our monthly magazine).
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|Article Type:||Brief Article|
|Date:||Aug 1, 2000|
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