|
|
Article: A.M. Best Revises Outlook to Positive for GuideOne Insurance and Its Members.
- Article from:
- Business Wire
- Article date:
- May 12, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
OLDWICK, N.J. -- A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of A- (Excellent) and issuer credit ratings (ICR) of "a-" of GuideOne Insurance and its members (GuideOne) (West Des Moines, IA).. (Please see below for a detailed listing of the companies.)
The ratings reflect GuideOne's excellent capitalization, continued improvement in operating and underwriting results and its established market presence in its core niche market. The ratings further acknowledge the group's experienced management team, conservative operating philosophy and sustainable competitive advantages due to its prominent position ...