Best Meridian Insurance Company

BestLink

AMB #: 060007 NAIC #: 63886 FEIN #: 592764247

Mailing Address
8950 S.W. 74Th Court
Miami, Florida 33156

United States

Web: www.bmicos.com

Phone: 305-443-2898

Fax: 305-668-3608

View Additional Address Information

Administrative Office
8950 S.W. 74Th Court
Miami, Florida 33156
United States

Domiciliary Address
8950 S.W. 74Th Court
Miami, Florida 33156
United States

Assigned to insurance companies that have, in our opinion, an excellent ability to meet their ongoing insurance obligations.

View additional news, reports and products for this company.

Based on AM Best's analysis, 051318 - BMI Financial Group, Inc. is the AMB Ultimate Parent and identifies the topmost entity of the corporate structure. View a list of operating insurance entities in this structure.

Best's Credit Ratings

Financial Strength View Definition

Rating (Rating Category):	A- (Excellent)
Outlook (or Implication):	Stable
Action:	Affirmed
Effective Date:	February 14, 2025
Initial Rating Date:	May 03, 1993

Long-Term Issuer Credit View Definition

Rating (Rating Category):	a- (Excellent)
Outlook (or Implication):	Stable
Action:	Affirmed
Effective Date:	February 14, 2025
Initial Rating Date:	June 01, 2007

Financial Size Category View Definition

Financial Size Category:

VII (USD 50 Million to Less than 100 Million)

AMB Rating Unit

Note: This data record represents an AMB Rating Unit and the following Best's Credit Ratings are based on the consolidated financials assigned to this record.

AMB #	Company Name	Best's FSR	Best's ICR
092545	Best Meridian Ins Co (Costa Rica Branch)	A-	a-
062579	Best Meridian International Ins Co, I.I.	A-	a-

u Denotes Under Review Best's Rating

Best's Credit Rating Analyst

Rating Office: A.M. Best Rating Services, Inc.

Director: Bridget Maehr

Senior Director: Sally A. Rosen

Note: See the Disclosure information Form or Press Release below for the office and analyst at the time of the rating event.

Disclosure Information

Disclosure Information Form
View AM Best's Rating Disclosure Form

Press Release
AM Best Revises Outlooks to Stable for Best Meridian Insurance Company and Best Meridian International Insurance Company, I.I.
February 14, 2025

View AM Best's Rating Review Form

Rating History

A.M. Best has provided ratings & analysis on this company since 1993.

Financial Strength Rating

Effective Date	Rating
February 14, 2025	A-
November 29, 2023	A-
October 21, 2022	A-
March 11, 2022	A- u
September 15, 2021	A-
June 17, 2021	A- u
July 16, 2020	A-

Long-Term Issuer Credit Rating

Effective Date	Rating
February 14, 2025	a-
November 29, 2023	a-
October 21, 2022	a-
March 11, 2022	a- u
September 15, 2021	a-
June 17, 2021	a- u
July 16, 2020	a-

Related Financial and Analytical Data

The following links provide access to related data records that AM Best utilizes to provide financial and analytical data on a consolidated or branch basis.

AMB #	Company Name	Company Description
092545	Best Meridian Ins Co (Costa Rica Branch)	Represents the Life, Annuity, and Accident financials for the Costa Rica Branch of this legal entity.

Best's Credit & Financial Reports

Best's Credit Report - financial data included in Best's Credit Report reflects the data used in determining the current credit rating(s).

Best's Credit Report - Archive - reports which were released prior to the current Best's Credit Report.

Best's Financial Report - financial data included in Best's Financial Report reflects the most current data available to AM Best, including updated financial exhibits and additional company information, and is available to subscribers of Best's Insurance Reports.

Best's Financial Report - Archive - reports which were released prior to the current Best's Financial Report.

View additional news, reports and products for this company.

Press Releases

Date	Title


Feb 14, 2025	AM Best Revises Outlooks to Stable for Best Meridian Insurance Company and Best Meridian International Insurance Company, I.I.
Jul 13, 2023	AM Best Assigns Credit Ratings to Best Meridian International Insurance Company, I.I.
Oct 21, 2022	AM Best Removes From Under Review, Assigns Negative Outlook to Best Meridian Ins Co and Best Meridian International Ins Co SPC
Mar 11, 2022	AM Best Places Credit Ratings of Best Meridian Insurance Co and Best Meridian International Insurance Co Under Review
Sep 15, 2021	AM Best Removes From Under Review Credit Ratings of Best Meridian Ins Co, Best Meridian Int Ins Co; Assigns Negative Outlooks
Jun 17, 2021	AM Best Places Credit Ratings of Best Meridian Ins Co and Best Meridian International Ins Co SPC Under Review
Mar 24, 2016	A.M. Best Upgrades Ratings of Best Meridian International Insurance Company SPC
Feb 13, 2014	A.M. Best Revises Outlook to Stable for Ratings of Best Meridian Insurance Company
Feb 15, 2013	A.M. Best Revises Outlook to Negative for Ratings of Best Meridian Insurance Company
Jan 28, 2011	A.M. Best Upgrades Ratings of the Life Insurance Companies of BMI Financial Group, Inc.

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