A.M. Best Assigns Credit Ratings to Journey Insurance Company
The assigned ratings reflect Journey’s balance sheet strength, which
Journey is collectively owned by
Future positive rating actions could occur for Journey following demonstrated successful implementation of its business plans, as well as several periods of profitable results that compare favorably to composite averages. Negative rating actions could result if the operational and financial plans anticipated by management do not materialize and result in a decline in risk-adjusted capitalization. In addition, negative rating action also could occur if the relationship or support provided by the majority parent undergoes a material change.
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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