AM Best Assigns Preliminary Credit Assessment to Omaha National Insurance Company
AM Best has assigned a Preliminary Credit Assessment (PCA) to
The PCAs reflect ONIC’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM).
The very strong balance sheet assessment reflects ONIC’s strongest level of risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), on a pro forma basis for an expected
AM Best assesses the company’s operating performance as adequate based on ONIC’s historical results since inception in
This press release relates to Preliminary Credit Assessments that have been published on AM Best’s website. For all assessment information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual assessments referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating and Assessment opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in
Copyright © 2021 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
src="https://cts.businesswire.com/ct/CT?id=bwnewssty=20211105005553r1sid=acqr8distro=nxlang=en" style="width:0;height:0" />
View source version on businesswire.com: https://www.businesswire.com/news/home/20211105005553/en/
Senior Financial Analyst
+1 908 439 2200, ext. 5291
[email protected]
Manager, Public Relations
+1 908 439 2200, ext. 5159
[email protected]
Jacqalene Lentz, CPA
Director
+1 908 439 2200, ext. 5762
[email protected]
Director, Communications
+1 908 439 2200, ext. 5644
[email protected]
Source: AM Best
ASSURED GUARANTY LTD – 10-Q – MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
Athene Holding Ltd. Announces Date for Special General Meeting of Shareholders
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News