A. M. Best assigns values A++ through S to term life insurance companies. A. M. Best's Rating represents an opinion based on a comprehensive quantitative and qualitative evaluation of a company's financial strength, operating performance and market profile.
Select any of the following ratings for a detailed explanation:
|A. M. Best's Secure Ratings||A. M. Best's Vulnerable Ratings|
|A++, A+||Superior||B, B-||Fair|
|A, A-||Excellent||C++, C+||Marginal|
|B++, B+||Very Good||C, C-||Weak|
Rating Modifiers and Affiliation Codes
Rating Modifiers are assigned to Best's Ratings and Financial Performance Ratings to identify companies whose rating opinions are Under Review (u) and may be subject to near-term change; or Qualified (q) which may be assigned to HMOs based on quantitative analysis. Affiliation Codes are based on a Group (g), Pooling (p) or Reinsurance (r) affiliation with other insurers.
|Rating Modifiers||Affiliation Codes|
|u - Under Review||g - Group|
|q - Qualified||p - Pooled|
|r - Reinsured|
Definitions of Best Ratings