Grinnell Mutual Moves Up The A.M. Best Ladder

Grinnell, Iowa (PRWEB) September 05, 2017

A.M. Best recently published their list of the top 200 property and casualty companies in the United States. Grinnell Mutual moved up five spots from 114th-largest in 2015 to 109th in 2016. Since 2011, When Grinnell Mutual was ranked 127th, it has moved up 18 positions.The designation is based on net written premium. Grinnell Mutual has also held a "A" or better rating from A.M. Best since 1991.

"The companies we passed had virtually no growth or a negative growth number in 2016," noted Jeff Menary, executive vice president of Line Operations.

"Where will we end up after the end of 2017? We should be able to climb the ladder another rung or two. Our current growth of 6.0 percent is running twice industry average. This is a direct reflection of our dedicated Grinnell Mutual employees," Menary said.

About A.M. Best
A.M. Best was founded in 1899 by Alfred M. Best with the mission to report on the financial stability of insurers and the insurance industry. It is the oldest and most widely recognized provider of ratings, financial data and news with an exclusive insurance industry focus.

About Grinnell Mutual
Grinnell Mutual, in business since 1909, is the 109th-largest property casualty insurance company in the United States and the largest primary reinsurer of farm mutual companies in North America. The company provides reinsurance for farm mutual insurance companies as well as property and casualty insurance. Its products are available in 15 states.

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