Ratings
The American Life Insurance Company of New York Financial Strength and Claims Paying Ability Ratings:
A.M. Best = B++ (Very Good)
Independent agencies such as A.M. Best issue ratings on insurance companies for
the benefit of consumers, investors, and the insurance industry itself.
Agencies assess the insurance company's ability to pay claims
through close scrutiny of the insurance company's operations and plans as well
as using publicly available information. Agencies use a number of assessment
criteria including financial strength, capital resources, stability of cash
flow, and demonstrated management performance. Other important factors include
quality of administration, marketing, and investment operations.
High ratings denote strong financial stability, and a greater
ability to meet financial obligations. Ratings can change over time as agencies
frequently re-evaluate insurance companies and revise their ratings based on
significant industry and company events. Click here
to see the A.M. Best ratings defined.
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