Recent Rating Activity

The following list represents ratings that have been updated:

To access the company profile page, select "Entity/Rating Unit" for Rating Units and members, individually rated companies, or debt issuers, including complete credit rating details, contact and core information.
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Rating Descriptor Definitions

Company Update: Applies to entities whose Best’s Financial Strength Ratings and/or Best’s Issuer Credit Ratings have been updated, or Rating Units whose member companies’ credit ratings have been updated. Includes initial credit ratings. May include new Best’s Issue Credit Ratings or updates to existing Best’s Issue Credit Ratings.

Issue Credit Ratings Only: Applies only to entities for which Best’s Issue Credit Ratings have been assigned for recently issued debt instruments. Does not include an update to the credit ratings of the entities themselves.

Preliminary Credit Assessment (PCA): An independent opinion of the relative general credit strengths and weaknesses of an issuer, obligor, security, or proposed transaction or financing structure, based primarily on business plans, term sheets, and AM Best's expectations relative to the execution of such business plans. AM Best does not define a PCA as a credit rating, though the assessment is expressed using the Best’s Credit Rating scale.