A.M. Best Affirms Ratings of Preferred Mutual
These ratings are given to insurance companies who not only have excellent financial stability, but demonstrate the ability to meet the contractual needs of their policyholders.
Preferred Mutual Insurance Company (“Preferred Mutual”) today announced that A.M. Best, the world’s oldest and most authoritative insurance rating and information source, has affirmed its Financial Strength Rating (FSR) and Issuer Credit Rating (ICR) as “A” (Excellent) and “A+,” respectively. The outlook for both ratings is stable.
These ratings are given to insurance companies who not only have excellent financial stability, but also are able to meet the contractual needs of their policyholders. Preferred Mutual has consistently held the ‘A’ rating for 16 consecutive years.
This press release relates to Credit Ratings that have been published on A.M. Best's website (www.ambest.com). For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best's Recent Rating Activity web page.