Magazine date:
Oct 2018  |
AM Best
- American firm
- Headquarter: New Jersey, United States
- Date of creation : 1899
- Rating services dedicated to 3 400 companies
- Presence in 90 countries worldwide
- Regional offices: London, Hong Kong, Dubai, Mexico City and Singapore.
Rating scale of AM Best
AM Best is specialized in the rating of insurance and reinsurance companies. Its scale includes 7 categories that range from A to C.
Ratings can be supplemented with the signs (+) or (-) to specify the exact level or “Rating Notches”.
| Categories | Rating symbols | Rating notches | Comments |
|---|---|---|---|
| Superior | A+ | A++ | Assigned to insurance companies that have a superior ability to meet their ongoing insurance obligations |
| Excellent | A | A- | Assigned to insurance companies that have an excellent ability to meet their ongoing insurance obligations |
| Good | B+ | B++ | Assigned to insurance companies that have a good ability to meet their ongoing insurance obligations |
| Fair | B | B- | Assigned to insurance companies that have a fair ability to meet their ongoing insurance obligations Financial strength is vulnerable to adverse changes in underwriting and economic conditions |
| Marginal | C+ | C++ | Assigned to insurance companies that have a marginal ability to meet their ongoing insurance obligations Financial strength is vulnerable to adverse changes in underwriting and economic conditions |
| Weak | C | C- | Assigned to insurance companies that have a weak ability to meet their ongoing insurance obligations Financial strength is very vulnerable to adverse changes in underwriting and economic conditions |
| Poor | D | - | Assigned to insurance companies that have a poor ability to meet their ongoing insurance obligations Financial strength is extremely vulnerable to adverse changes in underwriting and economic conditions |
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