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Arkansas Mutual Insurance Company Earns 'A Prime' Rating
Fri, 27 Apr 2012, 13:18:43 EST
LITTLE ROCK, Ark., April 27, 2012 (SEND2PRESS NEWSWIRE) -- Arkansas Mutual Insurance Company has earned a Financial Stability Rates(R) (FSR) of A, Exceptional from Demotech, Inc. This level of FSR is assigned to insurers who possess unsurpassed financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing.
FSRs summarize Demotech's opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle. FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC).
"We are extremely proud to have earned our 'A, Exceptional' rating from Demotech." says Corey Little, Chief Executive Officer of Arkansas Mutual. "After five years in business, this designation confirms the financial integrity and stability that is so critical to our business and to our policyholders."
About Arkansas Mutual Insurance Company:
Arkansas Mutual Insurance Company, a not-for-profit organization, is the only medical liability insurance provider that is headquartered in Arkansas and dedicated to serving only Arkansas-based medical professionals. Founded in 2008, Arkansas Mutual is owned and governed by its physician policyholders. Visit www.arkansasmutual.com for more information.
About Demotech, Inc.
Demotech, Inc. is a financial analysis firm located in Columbus, Ohio. Since 1985, Demotech has been serving the insurance industry by providing actuarial consulting and accurate and proven Financial Stability Ratings(R) (FSRs). FSRs are a leading indicator of the financial stability of a company.
NEWS SOURCE: Arkansas Mutual Insurance Company
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