-

AM Best Named ‘Rating Agency of the Year’ at 2024 Insurance Insider US Honors

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best was named “Rating Agency of the Year” at the Insurance Insider US Honors event on Sept. 19, 2024, in New York City. Accepting the award was Matthew C. Mosher, president and CEO of AM Best Rating Services, along with Andrea Keenan, executive vice president and chief strategy officer, and Stefan Holzberger, senior managing director and chief rating officer.

The Insurance Insider US 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.

Of the award, Mosher said: “The recognition bestowed upon AM Best through the ‘Rating Agency of the Year’ award is truly a reflection of the entire company’s hard work and dedication. This year it feels especially rewarding as we’re celebrating our company’s 125th anniversary. This is an affirmation that we’re continuing on the right path and charting a course to advance forward with the industry. While the times may change, our company’s commitment to the insurance industry’s financial well-being will not waver.”

More information about the awards event can be found at www.insuranceinsiderus.com. Insurance Insider US 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 © 2024 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

Industry:

AM Best

Release Versions
English
Hashtags
#insurance

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
AM Best / LinkedIn
More News From AM Best

AM Best Revises Outlooks to Negative for SteadPoint Insurance Company

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

AM Best Affirms Credit Ratings of Aseguradora Agricola Comercial, S.A.

MEXICO CITY--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Aseguradora Agricola Comercial, S.A. (ACSA) (El Salvador). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect ACSA’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). The stable outloo...

AM Best Assigns Issue Credit Rating to Victor Insurance Exchange’s Surplus Notes

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issue Credit Rating of “bbb” (Good) to the $102.5 million, 6% surplus notes, due June 2038, issued by Victor Insurance Exchange (Wilmington, DE). The outlook assigned to this Credit Rating (rating) is stable. As a start-up organization in 2023, the exchange utilized the surplus notes provided by its financial sponsor, Gallatin Point Capital, as its initial capitalization. Over the first five years of operation, capital is expected...
Back to Newsroom