Rating means determining the amount of premium to be paid to insure or reinsure a risk.
A.M. Best rating
The A.M. Best rating is an evaluation published by A.M. Best Company of all life, property, and casualty insurers domiciled in the United States and US branches of foreign property insurer groups active in the United States.
Additional Information
The ratings are often used to determine the claims-paying ability, suitability, service record, and financial stability of insurance companies. Other rating agencies include Standard & Poor's, Conning & Company, Fitch, and Moody's.
Synonyms
Best rating
Related Terms
A rating bureau is an organization that collects statistical data (such as premiums, exposure...
