Federated Mutual Group and Granite Re receive A+ (Superior) ratings from A.M. Best

A.M. Best Company,  the most widely recognized provider of insurance industry ratings and financial data, confirmed its A+ (Superior) rating for Federated Mutual Group in February 2019. Federated has maintained this rating for the last 21 years. The companies within Federated Mutual Group include Federated Mutual Insurance Company, Federated Service Insurance Company, and Federated Reserve Insurance Company. In addition, A.M. Best reaffirmed the rating of Granite Re, Inc. as A+ (Superior).

A.M. Best Company analyzes the balance sheet strength, operating performance, and business profile of approximately 3,500 companies worldwide every year to determine their ratings. The company’s assessment is a recognized benchmark for an insurer’s financial strength and ability to meet policyholder obligations.

Founded in 1904, Federated Insurance is a national insurance and risk management organization that serves the property, casualty, and life insurance needs of clients in select industries. The organization has more than 500 recommendations from state, regional, and national associations and buying groups and is rated A+ (Superior) by industry analyst A.M. Best®.

At Federated Insurance, It’s Our Business to Protect Yours.®

Published Date:March 15, 2019

Categories: News