A.M. Best Affirms Credit Ratings of First Guard Insurance Company
The ratings reflect First Guard’s balance sheet strength, which
The ratings consider First Guard’s strong risk-adjusted capitalization, supported by low underwriting and investment leverage, consistently very strong and stable long-term operating performance, and conservative underwriting discipline. The ratings also reflect the company’s extensive expertise in the trucking physical damage market segment. Partially offsetting these positive rating factors are First Guard’s narrow product focus within the commercial automobile line of business and below-average investment yields.
This press release relates to Credit Ratings that have been published on A.M. Best’s website. 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. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and
Copyright © 2018 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
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