A.M. Best Upgrades Credit Ratings of National Telcom Corporation
The ratings reflect NTC’s balance sheet strength, which
NTC is a captive insurance company that reinsures two fronting insurers —
The rating upgrades reflect the continuation of NTC’s improved operating and underwriting results in recent years, driven by improved underwriting expense management. In addition, NTC has reduced its dependence on third-party fronting agreements through the investment in an affiliated start-up company,
This press release relates to rating(s) 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
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