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Insurance Company Rating Categories
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
   
 
 

 

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