-

AM Best Named ‘Rating Agency of the Year’ at Inside P&C Honors 2023

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best was named “Rating Agency of the Year” at the Inside P&C Honors event on Sept. 27, 2023, in New York City. Accepting the award was James Gillard, executive vice president and chief operating officer.

The Inside P&C award recognizes the quality of AM Best’s market intelligence; the ability to consistently provide fair and accurate rating opinions; and the rating agency’s innovations within the industry, among other factors. The event was held in conjunction with the Inside P&C New York conference.

Matthew C. Mosher, president and CEO of AM Best Rating Services said: “It is gratifying to be recognized as Rating Agency of the Year, particularly in a challenging period for the insurance industry. We view our purpose as strengthening the financial solvency, stability and sustainability of the insurance industry in support of economic growth and the well-being of all stakeholders, and so this award speaks volumes about the efforts of our hard-working analytical teams in the United States and around the world.”

More information about the awards event can be found at www.insidepandc.com/honors. Inside P&C reports on the U.S. property/casualty insurance industry and is part of the Insider Publishing Group.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2023 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318

al.slavin@ambest.com

AM Best


Release Versions
Hashtags

Contacts

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318

al.slavin@ambest.com

Social Media Profiles
More News From AM Best

AM Best Comments on Credit Ratings of Cavello Bay Reinsurance Limited Following the Acquisition of AF Group by Enstar Group Limited

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has commented that the Credit Ratings (ratings) of Cavello Bay Reinsurance Limited (Cavello Bay) (Bermuda), a subsidiary of Enstar Group Limited (ENSTAR) (Bermuda), are unchanged following Enstar’s announcement that it has entered into a definitive stock purchase agreement to acquire 100% of the shares of Accident Fund Holdings, Inc. (AF Group) from Blue Cross Blue Shield of Michigan (headquartered in Lansing, MI). Once the acquisition is completed, AF Gr...

AM Best Revises Outlooks to Positive for Federated Underwriting Company

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Federated Underwriting Company (Federated) (Colchester, VT). The Credit Ratings (ratings) reflect Federated’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management...

AM Best Affirms Credit Ratings of Covéa Coopérations

AMSTERDAM--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” (Superior) of Covéa Coopérations (France), the intermediate operating holding company of Société de Groupe d’Assurance Mutuelle Covéa (Covéa or the group), a leading mutual insurance group in France. The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Covéa’s balance sheet strength, which AM Best assesses as strongest, as well...
Back to Newsroom