|
|
Article: Standing the test of time: forty-eight property/casualty insurers and 15 life/health insurers have maintained a Best's Financial Strength Rating of A or higher for at least 75 years.(Cover story)
- Article from:
- Best's Review
- Article date:
- July 1, 2008
CopyrightCOPYRIGHT 2008 A.M. Best Company, Inc. 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)
|
Since 1906, A.M. Best Co. has been issuing financial strength ratings--opinions on the ability of individual insurance companies to pay claims on the coverage they have underwritten.
These financial strength ratings evolved over the decades as the insurance industry grew more complex. A select group of insurers consistently maintained strong financial strength ratings for the past 75 years despite catastrophic storms and tough economic times.
The property/casualty and life insurance companies that have maintained a Best's financial strength rating of A or higher for at least 75 years are recognized here as a group for the first time Those insurers that ...