Mutual insurer has “superior ability to meet its ongoing insurance obligations”
After concluding its annual review in May 2019, A.M. Best, the insurance industry’s leading rating authority, assigned Sentry Insurance an A+ (Superior) rating. It’s the 28th consecutive year Sentry has received the rating. The rating confirms Sentry’s financial strength and superior ability to pay its customers’ future claims.
“We appreciate the recognition of an A+ rating from A.M. Best for the 28th straight year” said Todd Schroeder, Sentry Chief Financial Officer and President – Life & Annuities. “The exclusivity and longevity of this rating reflects the hard work of all our associates and retirees.”
Less than 15 percent of U.S.-based property and casualty insurance companies earn the A+ rating—even fewer have achieved it for more than a quarter-century.
In support of its A+ rating, A.M. Best points to Sentry’s balance sheet strength, which achieves the rating authority’s highest ranking of “strongest” for risk-adjusted capitalization. A.M. Best also recognizes Sentry’s consistent underwriting and favorable levels of investment income, well-diversified business mix, strong management team, and enterprise risk management processes that assist in meeting corporate profitability and preservation of capital goals.
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