A.M. Best Upgrades Issuer Credit Ratings of Members of Central Insurance Companies
The Credit Ratings (ratings) reflect Central’s balance sheet strength, which
Central’s balance sheet strength is supported by the strongest level of risk-adjusted capitalization, favorable loss reserving trends, a prudent investment portfolio and strong liquidity measures. Surplus growth is vigorous and has averaged 10% on a five-year compound average basis, largely driven by improved underwriting results, strong investment earnings, and capital gains (realized and unrealized). The companies operate across
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
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