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Article: American Republic Insurance Co.
- Article from:
- Business Wire
- Article date:
- November 25, 2003
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Business Editors
NEW YORK--(BUSINESS WIRE)--Nov. 25, 2003
Credit Rating: Api/--/--
On Nov. 25, 2003, Standard & Poor's Ratings Services affirmed its 'Api' counterparty credit and financial strength ratings on American Republic Insurance Co. (American Republic). The ratings reflect its extremely strong capitalization, strong liquidity, good profitability, and significant dependence on the accident and health segment.
Major Rating Factors
-- American Republic's capitalization is extremely strong with a
Standard & Poor's capital adequacy ratio of 344% at year-end