AM Best Removes From Under Review With Positive Implications and Upgrades Credit Ratings of Bondex Insurance Company; Assigns Credit Ratings to Building Industry Insurance Association
AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating (FSR) to A (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “bbb” (Good) of
The ratings reflect Bondex and BIIA’s inclusion as members of
Bondex and BIIA are considered part of the
The remaining members of the
This press release relates to Credit Ratings that have been published on AM 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 AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, 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 © 2022 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
src="https://cts.businesswire.com/ct/CT?id=bwnewssty=20221222005521r1sid=acqr8distro=nxlang=en" style="width:0;height:0" />
View source version on businesswire.com: https://www.businesswire.com/news/home/20221222005521/en/
Financial Analyst
+1 908 439 2200, ext. 5658
[email protected]
Manager, Public Relations
+1 908 439 2200, ext. 5159
[email protected]
Director
+1 908 439 2200, ext. 5696
[email protected]
Senior Public Relations Specialist
+1 908 439 2200, ext. 5098
[email protected]
Source: AM Best
Keyes Coverage Acquires Amsley Insurance and Parkland Insurance Marketing
FTX: Bankman-Fried Arrives in New York to Face Fraud Charges
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News