A.M. Best Rating definition

A.M. Best Rating means, as to any insurance company, its financial strength rating assigned by The A.M. Best Company, Inc.
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A.M. Best Rating means a rating of financial condition and performance, as published from time to time, by A.M. Best Company.
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A.M. Best Rating means the most recent rating announced by A.M. Best (or any successor thereto) or, if such rating is no longer announced by A.M. Best (or its successor), the most recent rating announced by another rating agency selected by the Bank.
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Examples of A.M. Best Rating in a sentence

  • If the insurance carrier does not have an A.M. Best Rating of A-/VIII, the CEO/Office of Risk Management retains the right to approve or reject a carrier after a review of the company's performance and financial ratings.

  • All insurance policies shall be with a company or companies lawfully authorized to do business in Florida, and with an A.M. Best Rating of no less than A/XV.

  • If the insurance carrier does not have an A.M. Best Rating of A-/VIII, the CEO/Office of Risk 17 Management retains the right to approve or reject a carrier after a review of the company's performance 18 and financial ratings.

  • If the insurance carrier does not have an A.M. Best Rating of A-/VIII, the CEO/Office of 24 Risk Management retains the right to approve or reject a carrier after a review of the company's 25 performance and financial ratings.

  • If the insurance carrier does not have an A.M. Best Rating of A-/VIII, CEO/Risk Management retains the right to approve or reject a carrier after a review of the company's performance and financial ratings.

  • If the insurance carrier does not have an A.M. Best Rating of A–/VIII, the CEO/Office of 29 Risk Management retains the right to approve or reject a carrier after a review of the company's 30 performance and financial ratings.

  • The policy or policies of insurance must be issued by an insurer with a minimum rating of A- (Secure A.M. Best's Rating) and VIII (Financial Size Category as determined by the most current edit i on of t h e Best's Key Rating G u i d e /Property-Casualty/United S t a t e s o r If the insurance carrier does not have an A.M. Best Rating of A-VIII, the CEO/Office of Risk Management retains the right to approve or reject a carrier after a review of the company's performance and financial ratings.

  • We will maintain, at our expense, sufficient types of insurance coverage, including commercial general liability, workers' compensation, automobile liability, employee fidelity, and professional liability / errors and omissions on standard policy forms and with insurance companies with at least an A.M. Best Rating of A-VII authorized to do business in the jurisdictions where our services are to be performed.

  • Coverages provided by Consultant and its subcontractors must be underwritten by an insurance company deemed acceptable by the City, with an AM Best Rating of A or better.

  • If the insurance carrier does not have an A.M. Best Rating of A-/VIII, the CEO/Office of 25 Risk Management retains the right to approve or reject a carrier after a review of the company’s 26 performance and financial ratings.


More Definitions of A.M. Best Rating

A.M. Best Rating means the rating for any Insurance Company published by the A.M. Best & Company, Inc. from time to time.
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A.M. Best Rating. The financial strength rating issued by A.M. Best Company.
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A.M. Best Rating means a rating provided by A.M. Best Company, Inc. a company headquartered in Oldwick, New Jersey that is designated as a nationally recognized statistical rating organization (NRSRO) by the United States Securities and Exchange Commission.
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A.M. Best Rating means for any date the most recent rating for ---------------- the Company publicly announced by A.M. Best Company, Inc.
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A.M. Best Rating means the financial strength rating published by A.M. Best from time to time.
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A.M. Best Rating means the most recent rating announced by
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Related to A.M. Best Rating

  • A.M. Best A.M. Best Company, Inc. or its successors in interest. If neither A.M. Best nor any successor remains in existence, “A.M. Best” shall be deemed to refer to such other nationally recognized statistical rating agency or other comparable Person reasonably designated by the Depositor, notice of which designation shall be given to the Trustee, the Certificate Administrator, the Master Servicer and the Special Servicer and specific ratings of A.M. Best herein referenced shall be deemed to refer to the equivalent ratings (as reasonably determined by the Depositor) of the party so designated.

  • S&P Rating means, at any time, the rating issued by S&P and then in effect with respect to the Borrower's senior unsecured long-term debt securities without third-party credit enhancement.

  • Rating means the operating limits as specified by the component manufacturer.

  • BBB by Standard & Poor's or "Baa2" by Moody's, as promptly as practicabxx xxx in any case within 90 days of the event, the Master Servicer shall, at its expense, either

  • Ratings As of any date of determination, the ratings, if any, of the Certificates as assigned by the Rating Agencies.

  • Moody s” means Moody’s Investors Service, Inc.

  • Investment Grade means a rating of Baa3 or better by Moody’s (or its equivalent under any successor rating categories of Moody’s); a rating of BBB- or better by S&P (or its equivalent under any successor rating categories of S&P); and the equivalent investment grade credit rating from any additional Rating Agency or Rating Agencies selected by the Company.

  • Moody’s means Xxxxx’x Investors Service, Inc. and any successor thereto.

  • Debt Rating has the meaning specified in the definition of “Applicable Rate.”

  • Credit Rating means, with respect to any entity, the rating then assigned to such entity’s unsecured, senior long-term debt obligations (not supported by third party credit enhancements) or if such entity does not have a rating for its senior unsecured long-term debt, then the rating then assigned to such entity as an issuer rating by S&P, Moody’s or any other rating agency agreed by the Parties as set forth in the Cover Sheet.

  • Investment Grade Credit Rating means (a) with respect to Fitch, a credit rating of BBB- or higher, (b) with respect to Xxxxx’x, a credit rating of Baa3 or higher and (c) with respect to S&P, a credit rating of BBB- or higher.

  • Fitch means Fitch Ratings, Inc., and its successors in interest.

  • Index Debt Rating means the S&P Rating, the Xxxxx’x Rating and the Fitch Rating.

  • Highest Rating Category means, with respect to an Eligible Investment, that the Eligible Investment is rated by S&P or Moody’s in the highest rating given by that rating agency for that general category of security. By way of example, the Highest Rating Category for tax-exempt municipal debt established by S&P is “A-1+” for debt with a term of one year or less and “AAA” for a term greater than one year, with corresponding ratings by Moody’s of “MIG-1” (for fixed rate) or “VMIG-1” (for variable rate) for three months or less and “Aaa” for greater than three months. If at any time (a) the Bonds are not rated, (b) both S&P and Moody’s rate an Eligible Investment and (c) one of those ratings is below the Highest Rating Category, then such Eligible Investment will, nevertheless, be deemed to be rated in the Highest Rating Category if the lower rating is no more than one rating category below the highest rating category of that rating agency. For example, an Investment rated “AAA” by S&P and “Aa3” by Xxxxx’x is rated in the Highest Rating Category. If, however, the lower rating is more than one full rating category below the Highest Rating Category of that rating agency, then the Eligible Investment will be deemed to be rated below the Highest Rating Category. For example, an Eligible Investment rated “AAA” by S&P and “A1” by Xxxxx’x is not rated in the Highest Rating Category.

  • Standard & Poor’s means Standard & Poor’s Ratings Services, a Standard & Poor’s Financial Services LLC business.