A.M. Best Assigns Banking Backbone Appraisement (FSR) of A to Renaissance Activity & Health Allowance Aggregation of New York and Affirms the FSR of A for Renaissance Activity & Health Allowance Aggregation of America in Recent Report
INDIANAPOLIS, Oct. 4, 2018 /PRNewswire/ — Global allowance appraisement bureau A.M. Best has assigned a Banking Backbone Appraisement (FSR) of A (Excellent) and a Long-Term Issuer Credit Appraisement (Long-Term ICR) of “a” to Renaissance Activity & Health Allowance Aggregation of New York (RLHINY), Binghamton, New York. Concurrently, A.M. Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a” of Renaissance Activity & Health Allowance Aggregation of America (RLHICA), Indianapolis, Ind. The angle A.M. Best assigned to all these ratings is stable.
“We are admiring that both Renaissance Activity & Heath Allowance Aggregation of New York and Renaissance Activity & Health Allowance Aggregation of America accept accustomed banking backbone ratings of A from A.M. Best,” says Robert P. Mulligan, President and Chief Executive Officer of Renaissance. “This acceptance demonstrates our charge to cardinal advance and will add to the aplomb our brokers, associates and ally accept in Renaissance allowance companies.”
According to A.M. Best, the ratings reflect RLHICA and RLHINY’s antithesis area strength, which A.M. Best categorizes as strongest, as able-bodied as its able operating performance, bound business contour and adapted action blow management.
Renaissance offers dental, vision, life, affliction and blow advantage to groups and individuals nationwide. The aggregation acquired the accumulation life, affliction and blow allowance analysis of Binghamton, New York-based Security Mutual Activity in December 2017 and anon began amalgam operations. The accumulation life, affliction and blow allowance offerings accompaniment absolute dental and eyes articles from Renaissance to position the aggregation as a multi-line accessory allowance carrier and accredit it to bigger account brokers and employer groups nationwide.
A.M. Best is the oldest and best broadly accustomed provider of ratings, banking abstracts and account with an absolute allowance industry focus. For added information, appointment A.M. Best’s Recent Appraisement Activity web page.
About RenaissanceRenaissance Activity & Health Allowance Aggregation of America and Renaissance Activity & Health Allowance Aggregation of New York are allotment of a ancestors of companies collectively operating beneath the captivation aggregation Renaissance Health Account Corporation. Founded in 1957, the ancestors of companies has offices in Arkansas, Georgia, Indiana, Kentucky, Michigan, New Mexico, New York, North Carolina, Ohio, Tennessee and Texas. Collectively, the Renaissance companies awning 13.1 actor bodies with anniversary paid claims of about $3 billion. Renaissance offers civic accessory account solutions for employer groups and individuals. Appointment www.renaissancefamily.com.
View aboriginal content:http://www.prnewswire.com/news-releases/renaissance-insurance-companies-earn-a-excellent-ratings-from-am-best-with-stable-outlooks-300724636.html
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