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In 2022, news that 27 of Florida’s property insurance companies were potentially facing a financial rating downgrade from Demotech, the state’s primary financial rating firm, created panic in ...
The company does not have an A.M. Best Credit Rating. A.M. Best is an independent insurance rating agency that provides credit ratings and financial data products for the insurance industry ...
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Traditional companies such as AM Best, Moody's Investors Service, Standard and Poor’s, and Fitch Ratings do rate insurance providers, but typically only large national companies. [4] Demotech was founded in 1985 [1] [2] to provide financial analysis of, and actuarial services for, niche markets ignored by Big Three (credit rating agencies).
AM Best is an American credit rating agency headquartered in Oldwick, New Jersey, that focuses on the insurance industry. Both the U.S. Securities and Exchange Commission and the National Association of Insurance Commissioners have designated the company as a Nationally Recognized Statistical Rating Organization (NRSRO) in the United States.
People's Insurance Company of China China: 84.5 10 Assicurazioni Generali Italy: 80.3 11 Humana United States: 79.8 12 Berkshire Hathaway United States: 71.6 13 State Farm United States: 71.1 14 Munich Re Germany: 64.7 15 CVS Health United States: 62.2 16 Life Insurance Corporation India: 56.6 17 China Pacific Insurance Company China: 53.7 18
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