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21.01.26 - 23:09
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AM Best Affirms Credit Ratings of Employers Holdings, Inc. and Its Subsidiaries (Business Wire)
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OLDWICK, N.J.--(BUSINESS WIRE)--#insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Employers Preferred Insurance Company and its pooled affiliates, collectively referred to as Employers Insurance Group (Employers). (See below for a detailed list of companies.) Concurrently, AM Best has affirmed the Long-Term ICR of “bbb” (Good) and the indicative Long-Term Issue Credit Ratings (Long-Term IR) of Employers Holdings, Inc. (EHI) [NYSE: EIG], the publicly traded ultimate parent of Employers. The outlook of these Credit Ratings (ratings) is stable. All companies are headquartered in Reno, NV.
The ratings reflect Employers' balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.
Employers' balance sheet strength assessment is supported by its risk-adjusted capitalization bei...
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