A.M. Best Releases New Criteria: Rating Surety Companies

OLDWICK, N.J.--()--A.M. Best has released the new criteria report, “Rating Surety Companies.” This criteria report highlights some of the major categories of surety insurance written by insurers rated by A.M. Best, and describes some of the additional analysis performed beyond that of a typical property/casualty writer. Although surety insurance companies are analyzed in a similar manner to other property/casualty insurers, a surety insurer has unique characteristics which require additional analysis during the rating evaluation.

The publication of this new criteria report is not expected to change existing ratings. Visit http://www.ambest.com/ratings/methodology to download a PDF copy of this report.

The draft of this new criteria report was released for a 30-day public comment period on May 1, 2014.

A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2014 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

Contacts

A.M. Best
Gerard Altonji, 908-439-2200, ext. 5626
Assistant Vice President
gerard.altonji@ambest.com
or
Robert Valenta, 908-439-2200, ext. 5291
Senior Financial Analyst
robert.valenta@ambest.com
or
Christopher Sharkey, 908-439-2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Jim Peavy, 908-439-2200, ext. 5644
Assistant Vice President, Public Relations
james.peavy@ambest.com

Contacts

A.M. Best
Gerard Altonji, 908-439-2200, ext. 5626
Assistant Vice President
gerard.altonji@ambest.com
or
Robert Valenta, 908-439-2200, ext. 5291
Senior Financial Analyst
robert.valenta@ambest.com
or
Christopher Sharkey, 908-439-2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Jim Peavy, 908-439-2200, ext. 5644
Assistant Vice President, Public Relations
james.peavy@ambest.com