April 5, 2022
SFM’s Financial Strength Rating of A- (Excellent) reaffirmed by AM Best
SFM Mutual Insurance Co. announced that its Financial Strength Rating of “A- (Excellent)” and Long-Term Issuer Credit Rating of “a-” have been reaffirmed by AM Best Rating Services, Inc.
AM Best issued this affirmation based on its assessment of SFM’s balance sheet strength, as well as its operating performance, business profile, innovation and enterprise risk management. Prior to publicly disclosing this affirmation, AM Best conducted a detailed analysis of SFM’s finances and operations.
“Our annual review with AM Best gives us the opportunity to share our company’s story with experts from the largest credit rating agency in the world,” said SFM President and CEO Terry Miller. “We view their rating as an important 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 New York, London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com .
