ERC Affirmed
The “A++” group FSR of Employers Reinsurance Corporation (ERC) was affirmed by A.M. Best. The rating action also applies to ERC’s affiliated domestic and international non-life and life insurance companies, which with ERC collectively comprise the GE Global Insurance Group. A.M. Best noted that the rating was a reflection of the group’s leading global market position and superior financial strength, and also considers the group’s prospective earnings capabilities, well-diversified business platform and dominant position in global reinsurance markets.
Popular Today
- Why El NiƱo’s Promise of Quieter Hurricane Season May Not Be Good News for Insurers
- Jury Awards 78-Year-Old Victim $56 Million for Crash Caused by Amazon Delivery Driver
- ‘Tow Godz’ and Auto Glass Businessmen Charged in Carolina Fraud Schemes
- CBIZ Brokerage to Be Spun Off, Backed by Private Equity, After $5B Grant Thornton Deal