What does an A.M. Best rating mean?

All of the insurers with which we work have an “A” or better rating from AM Best. 

AM Best is the only global credit rating agency focusing on the insurance industry. Best’s Credit Ratings, issued through A.M. Best Rating Services, Inc. are a recognized indicator of the financial history and strength of an insurer. Carriers are assigned a Best’s Rating which attempts to measure the comprehensive position of the company or association to industry average.

Best Financial Strength Ratings

Rating

Description
A++, A+
A, A-
B++, B+		 Superior
Excellent
Very Good		 SECURE
B, B-
C++, C+
C, C-
D
E
F
S		 Fair
Marginal
Weak
Poor
Under Regulatory Supervision
In Liquidation
Suspend		 VULNERABLE

Financial Size Categories

(Reported Policyholders’ Surplus Plus Conditional Reserve Funds)

Category

Adjusted Policyholders Surplus
I Less than 1,000,000
II 1,000,000 to 2,000,000
III 2,000,000 to 5,000,000
IV 5,000,000 to 10,000,000
V 10,000,000 to 25,000,000
VI 25,000,000 to 50,000,000
VII 50,000,000 to 100,000,000
VIII 100,000,000 to 250,000,000
IX 250,000,000 to 500,000,000
X 500,000,000 to 750,000,000
XI 750,000,000 to 1,000,000,000
XII 1,000,000,000 to 1,250,000,000
XIII 1,250,000,000 to 1,500,000,000
XIV 1,500,000,000 to 2,000,000,000
XV Greater than 2,000,000,000