What is a financial strength rating?
What are financial strength ratings? Financial strength ratings estimate the likelihood that an insurer will be able to meet its financial obligations, such as paying claims. Financial strength ratings are different from issuer credit ratings, which predict future credit risk.
What are the top 5 insurance rating agencies?
Five independent agencies—A.M. Best, Fitch, Kroll Bond Rating Agency (KBRA), Moodys and Standard & Poors—rate the financial strength of insurance companies.
What is the highest rating for an insurance company?
Top 25 Highest Rated Life Insurance CompaniesCompanyA.M. BestMoodysNorthwestern MutualA++AaaNew York LifeA++AaaThrivent LifeA++Mass MutualA++Aa321 more rows•Apr 12, 2021