Business News: 'AM Best' Recognizes Combined Insurance Company of America with A+ Rating

Business News: ‘AM Best’ Recognizes Combined Insurance Company of America with A+ Rating

CHICAGO, IL – Jan. 12, 2019 – AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) for Combined Insurance Company of America (headquartered in Chicago, IL) and Combined Life Insurance Company of New York (Latham, NY) in a recent press announcement, affirming the credit ratings of Chubb Limited and its subsidiaries.

Combined Insurance is a leading provider of individual supplemental accident, disability, health, and life insurance products.

“Combined Insurance is pleased to receive this ‘Superior’ rating affirmation,” said Kevin Goulding, President of Combined Insurance.  “As a Chubb Group company, we take great responsibility in meeting the needs of our customers and being there when they need us most.”

Additionally, AM Best affirmed the FSR of A++ (Superior) of the North American property/casualty subsidiaries of Chubb Limited (Zurich, Switzerland) (NYSE: CB), which include the members of the Chubb Group of Insurance Companies (Chubb US Group); the members of Chubb Bermuda Insurance Ltd. (Chubb Bermuda) and Chubb Tempest Reinsurance Ltd.  (Chubb Tempest Re) (both domiciled in Bermuda); and Chubb Atlantic Indemnity Ltd. (Bermuda).

AM Best is a trusted source of insurance data and market intelligence, covering thousands of companies worldwide through analytical resources and news coverage that provides a critical perspective for informed business decisions.

It is also the only global credit rating agency with a unique focus on the insurance industry.  AM Best’s ratings, which are issued through AM Best Rating Services, Inc., are a recognized indicator of an insurer’s financial strength and creditworthiness.

Combined Insurance Company of America has received a long-standing A+ (Superior) financial strength rating by AM Best, which is known as one of the world’s top insurance rating firms.  The company has also been recognized for eight consecutive years on Ward’s 50® Top Performing Health-Life Insurance Companies list.  Furthermore, Combined Insurance has received numerous accolades throughout the years for its veteran-friendly hiring practices—most recently named the #1 Military Friendly ® Employer and #1 Military Friendly ® Spouse Employer in the nation for 2019 by VIQTORY.


SOURCE: news provided by NEWS.CHUBB.COM