Insurance companies credit ratings list?
July 17, 2010 - 2:27 am
Is there a list of insurance companies capable of paying based on credit ratings. I could find very short and sweet ones, I am looking for something more comprehensive.
Sort of.
If you go to www.ambest.com, they rate the financial strength and size of insurance companies. Obviously, not all companies do business in all states, so you kind of have to back into it – pick a few insurance companies you are considering, then go to AM Best and pop their names in, to see how STRONG they are, and how BIG they are.
July 17th, 2010 at 8:08 am
Sort of.
If you go to http://www.ambest.com, they rate the financial strength and size of insurance companies. Obviously, not all companies do business in all states, so you kind of have to back into it – pick a few insurance companies you are considering, then go to AM Best and pop their names in, to see how STRONG they are, and how BIG they are.
References :
agent, 21+ years
July 17th, 2010 at 8:33 am
http://www.moodys.com
http://www.ambest.com (you’ll need to register)
Standard and Poor’s is another rating agency. You can get descriptions of their financial ratings (as in, what does rating a company AAA actually mean as far as their assets or ability to pay claims, etc.).
References :
Insurance/investment professional