AM Best Rating Services

AM Best

Best's Credit Rating Methodology (BCRM)

Best's Credit Rating Methodology (BCRM) provides a comprehensive explanation of AM Best's rating process. Best's Credit Ratings (BCR) include Best's Financial Strength Ratings (FSR), Issuer Credit Ratings (ICR), and Issue Credit Ratings (IR).

A "building block" approach is used to develop an ICR. Included in this approach are quantitative and qualitative evaluations of balance sheet strength, operating performance, business profile and enterprise risk management. Applicable BCRM criteria procedures or models are considered as part of the analysis.

I. Best's Credit Rating Methodology (BCRM) January 18, 2024

II. Insurance Criteria Procedures
A. Capital Models & Related Criteria Procedures
B. Specialty Criteria Procedures

For the specific version of the methodology or criteria procedures associated with a published Best's Credit Rating, please see the Rating Disclosure Form associated with that rating.