AM Best Affirms “Excellent” Ratings for AmericanAg®
AmericanAg®, a global provider of reinsurance services, announced that rating agency AM Best has once again affirmed the company’s “Excellent” (A) Financial Strength Rating and “Excellent” (a) Issuer Credit Rating, giving both a stable outlook.
In the analysis, AM Best called out a number of factors that contributed to their assessment of AmericanAg®, including the company’s well-established reinsurance partnerships and strong balance sheet, backed by a robust investment portfolio, effective risk management practices, and a solid reinsurance program. The rating agency also noted the company’s dedication to understanding the unique challenges of their clients, as evidenced by the use of the ESRI ArcGIS Enterprise Portal to deliver data-driven insights and the development of the AgAdvisor certification program to share their industry expertise.
“We’re proud of this achievement,” said Andrew Boris, Executive Vice President and CEO of AmericanAg®. “It recognizes the strength of our strategies and our focus on long-term success.”