A.M. Best: Affirms Rating of Kinsale Insurance Company [Manufacturing Close – Up]
Proquest LLC
Effective immediately A. M. Best Company has affirmed Kinsale Insurance Company's financial strength rating (FSR) of A- (Excellent) and the issuer creditor rating (ICR) of a-.
The outlook for both ratings is stable. Kinsale has had the A- (Excellent) rating affirmed every year since the company was founded in March 2010.
A. M. Best notes the ratings are based on "Kinsale's solid risk adjusted capitalization, above average liquidity and the strong track record of the management team."
Chief Executive Officer Michael Kehoe commented, "Kinsale achieved record profitability and premium volume in the first quarter due to disciplined underwriting, rigorous expense control and superior service to company brokers. Kinsale offers unmatched flexibility and service to brokers placing difficult E&S accounts."
Kinsale Insurance Company is a specialty Property & Casualty insurance company.
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