A.M. Best Affirms Credit Ratings of EQ Insurance Company Limited
The ratings reflect EQI’s balance sheet strength, which
The company’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), is supported by low underwriting leverage and capital injections received from its parent company,
Offsetting rating factors include EQI’s limited business profile and elevated combined ratio, which remains above industry peers. As a small player in the highly competitive
Positive rating actions are unlikely in the near term. Negative rating actions may occur from a deterioration in operating performance or business profile.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and
Copyright © 2018 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180821005582/en/
Financial Analyst
[email protected]
or
Director, Analytics
[email protected]
or
Manager, Public Relations
[email protected]
or
Director, Public Relations
[email protected]
Source:
Dem candidates bring diversity to Florida governor’s race
BRIEF: Three taken to hospital after car accident; Injuries appear to be non-life threatening
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News