AM Best

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Best's Credit Ratings

A Best’s Credit Rating (BCR) is a forward-looking, independent, and objective opinion regarding an insurer's, issuer's, or financial obligation's relative creditworthiness. The opinion represents a comprehensive analysis consisting of a quantitative and qualitative evaluation of balance sheet strength, operating performance, and business profile or, where appropriate, the specific nature and details of a security. As the only global credit rating agency focused exclusively on insurance, AM Best assesses the creditworthiness of and/or reports on over 16,000 insurance companies worldwide.

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Best's Performance Assessment

A Best’s Performance Assessment (PA) for Delegated Underwriting Authority Enterprises (DUAE) is a powerful tool for DUAEs to promote their capabilities and expertise to other parties – investors, venture capitalists, regulators, and insurers. It provides a forward-looking, independent and objective non-credit opinion of a DUAE’s ability to perform services on behalf of its insurance partners. A DUAE is a blanket term for managing general agents (MGAs), managing general underwriters (MGUs), coverholders, program administrators, program underwriters, underwriting agencies, direct authorizations, and appointed representatives