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FOR IMMEDIATE RELEASE
OLDWICK - AUGUST 13, 2014 03:33 PM (EDT)
A.M. Best has released the new criteria report, "Rating Surety Companies." This criteria report highlights some of the major categories of surety insurance written by insurers rated by A.M. Best, and describes some of the additional analysis performed beyond that of a typical property/casualty writer. Although surety insurance companies are analyzed in a similar manner to other property/casualty insurers, a surety insurer has unique characteristics which require additional analysis during the rating evaluation.
The publication of this new criteria report is not expected to change existing ratings. Visit http://www.ambest.com/ratings/methodology to download a PDF copy of this report.
The draft of this new criteria report was released for a 30-day public comment period on May 1, 2014.
A.M. Best Company is the world's oldest and most authoritative insurance rating and information source.