About Ratings Categories

Insurance Company Rating Categories indicates the rating service’s opinion of an insurer’s ability to meet its obligations to policyholders, based on the insurer’s reported financial performance over several years.

Rank	A.M. Best	Standard & Poor’s	Moody’s	Fitch
	Financial Strength	Financial Strength	Financial Strength	Financial Strength
1	A++ Secure / Superior	AAA Extremely Strong	Aaa Exceptional	AAA Secure /  Highest
2	A+ Secure / Superior	AA+ Very Strong	Aa1, Aa2, Aa3 Excellent	AA+ Secure / Very High
3	A Secure / Excellent	AA Very Strong	A1, A2, A3 Good	AA Secure / Very High
4	A- Secure / Excellent	AA- Very Strong	Baa1, Baa2, Baa3 Adequate	AA- Secure / Very High
5	B++ Secure / Very Good	A+ Strong	Ba1, Ba2, Ba3 Questionable	A+ Secure / High
6	B+ Secure / Good	A Strong	B1, B2, B3 Poor	A Secure / High
7	B Vulnerable /  Fair	A- Strong	Caa Very Poor	A- Secure / High
8	B- Vulnerable /  Fair	BBB+ Good	Ca Extremely Poor	BBB+ Secure / Adequate
9	C++ Vulnerable / Marginal	BBB Good	C Lowest	BBB Secure / Adequate
10	C Vulnerable / Weak	BB+ Marginal		BB+ Uncertain
11	C- Vulnerable / Weak	BB Marginal		BB Uncertain
12	D Vulnerable / Poor	BB- Marginal		BB- Uncertain
13	E Vulnerable / Under State Supervision	B+ Weak		B+ Possessing Risk
14	F Vulnerable / In Liquidation	B Weak		B Possessing Risk
15	S Rating Suspended	B- Weak		B- Possessing Risk
16		CCC+ Very Weak		CCC Substantial Risk
17		CCC Very Weak		DD Liquidating
18		CCC- Very Weak		SR Suspended Rating
19		CC Extremely Weak
20		R Regulatory Action