AM Best Affirms EIM’s “A” Rating
AM Best, the world’s largest rating agency for the insurance industry, has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) for EIM. The outlook for each rating is affirmed as stable.
AM Best noted that EIM’s ratings reflect EIM’s balance sheet strength (assessed as strongest), favorable operating performance, natural business profile, and appropriate Enterprise Risk Management.
Expanding further on EIM’s favorable operating performance, AM Best holds the expectation that EIM’s fundamentals will remain solid and supportive of the strongest level of balance sheet strength.
EIM is pleased to maintain an A (Excellent) rating by AM Best in the face of unprecedented challenges and emerging risks. We continue to exhibit the resilience that our Members need in challenging times and are steadfastly committed to maintaining a long-term and stable underwriting, financial, and operational foundation upon which to meet Member company risk management needs.
Thanks to all for the opportunity to be of service to our membership. Sincerely, Tommy Bolton President and Chief Executive Officer |