Demotech Inc Vs Am Best

Demotech Inc Vs Am Best. Demotech, Inc. Federal Association For Insurance Reform Insurance companies in Florida are typically rated by one of two firms; Demotech or A.M Company status evaluated as of December 31, 2016 for ratings issued through 2016

Prime Insurance Company Assigned Financial Stability
Prime Insurance Company Assigned Financial Stability from www.globenewswire.com

Both agencies assess the strength and stability of insurers but utilize different methodologies Insurance companies are often rated by Demotech and A.M

Prime Insurance Company Assigned Financial Stability

There's also Demotech, Fitch Ratings, and Kroll Bond Rating Agency. ‐ Report on Calculation and Validation of Insurer Impairment Rates for Demotech, Inc Best Rating at its A or better % A- or better 625 70.60% B++ or better 720 81.30% B+ or better 810 91.50% B or below 75 8.50% Population 885 Although more than 70% of the population rated A or better by Demotech, Inc

Demotech, Inc. Federal Association For Insurance Reform. So, it's not crystal clear, technically speaking, how AM Best and KBRA's methodologies differ from Demotech's, or if Florida insurers would fare any better under the firms' scrutiny. Best, established in 1899, is one of the oldest rating agencies globally.

Demotech, Inc. Federal Association For Insurance Reform. Mainsail, part of Spinnaker Insurance, is not rated by Demotech but won an "A-" or Excellent rating from AM Best ‐ Report on Calculation and Validation of Insurer Impairment Rates for Demotech, Inc