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Stock impact report

AM Best Assigns Credit Ratings to Cerity Insurance Company

Employers Holdings Inc (EIG) 
Last employers holdings inc earnings: 4/23 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.eig.com/investor-relations
Company Research Source: Business Wire
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” to Cerity Insurance Company (Cerity) (formerly licensed as PartnerRe Insurance Company of New York). The outlook assigned to these Credit Ratings (ratings) are positive. Concurrently, AM Best has withdrawn the FSR of A- (Excellent) and the Long-Term ICR of “a-” of PartnerRe Insurance Company of New York (New York, NY). At the time of the withdrawal, these ratings were under review with developing implications. Cerity is a newly added member of Employers Insurance Group (Employers) and a wholly owned subsidiary of Employers Holdings, Inc. (EHI) (Reno, NV) [NYSE:EIG], the publicly traded ultimate parent.The ratings of Cerity reflect its balance sheet strength, which AM Best categorizes as strongest, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The ra Show less Read more
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