April 21, 2025
AM Best reaffirms SFM’s Financial Strength Rating of A- (Excellent)
SFM Mutual Insurance Co. announced today that its Financial Strength Rating of “A- (Excellent)” and Long-Term Issuer Credit Rating of “a-” have been confirmed again by AM Best Rating Services, Inc.
Following a detailed analysis of SFM’s balance sheet, operating performance, business profile, innovation initiatives and enterprise risk management, AM Best reaffirmed SFM’s standing. Also, before publicly disclosing the rating in April 2025, AM Best conducted a thorough review of SFM’s finances and operations.
“In our annual review with AM Best, we were pleased to once again demonstrate how our commitment to service excellence delivers strong results,” SFM President and CEO Terry Miller said. “We consider the organization’s assessment to be a key indicator of SFM’s long-term financial strength and stability.”
About AM Best
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com .
