Financial Size Category (FSC)
AM Best assigns each rated (A++ through D) insurance company a Financial Size Category (FSC). The FSC is based on adjusted policyholders' surplus (PHS) in U.S. dollars and may be impacted by foreign currency fluctuations.
The FSC is designed to provide a convenient indicator of the size of a company in terms of its statutory surplus and related accounts.
| Class | Adj. PHS ($ Millions) |
|---|
| I | Less than 1 |
| II | 1 to 2 |
| III | 2 to 5 |
| IV | 5 to 10 |
| V | 10 to 25 |
| VI | 25 to 50 |
| VII | 50 to 100 |
| VIII | 100 to 250 |
| Class | Adj. PHS ($ Millions) |
|---|
| IX | 250 to 500 |
| X | 500 to 750 |
| XI | 750 to 1,000 |
| XII | 1,000 to 1,250 |
| XIII | 1,250 to 1,500 |
| XIV | 1,500 to 2,000 |
| XV | 2,000 or greater |
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