AM Best Affirms NEIL Group's "A" (Excellent) Rating
We are pleased to announce that AM Best has affirmed the Financial Strength Rating (FSR) of “A” (Excellent) and an Issuer Credit Rating (ICR) of “a+” (Excellent).
We are pleased to announce that AM Best has affirmed the Financial Strength Rating (FSR) of “A” (Excellent) and an Issuer Credit Rating (ICR) of “a+” (Excellent).
The new date for the Workshop is April 15-16, 2025.
At its December 9, 2022 meeting, NEIL’s Board of Directors approved a Policyholder Distribution of $150 million, with $127.5 million being allocated based on each Member’s Policyholder Insurance Record and $22.5 million being allocated based on the Members’ Earned Premium Ratio.
We are pleased to report that AM Best has assigned NEIL Overseas dac a Financial Strength Rating (FSR) of “A” (Excellent) and an Issuer Credit Rating (ICR) of “a+” (Excellent).
NEIL is pleased to report that AM Best has reaffirmed NEIL’s and Cedar Hamilton Limited’s group Financial Strength Rating (FSR) of “A” Excellent and Issuer Credit Rating (ICR) of “a+”. In addition, AM Best reaffirmed the outlook for both the FSR and ICR as stable.
Throughout 2021, NEIL’s Leadership team engaged in a comprehensive strategy review that examined NEIL’s role as a key insurance partner for our Members.