The “A-” FSR of the Atlantic Mutual Companies was affirmed by A.M. Best, which indicated that the rating is a reflection of the group’s adequate capitalization and strong franchise, as well as its well-regarded service reputation and strong client relationships. The rating is applicable to the four members which comprise the group: Atlantic Mutual Ins. Co., Atlantic Lloyd’s Ins. Co., Atlantic Specialty Ins. Co., and Centennial Ins. Co. Concurrently, a “bbb” rating was assigned to existing surplus notes issued by the Atlantic Mutual Insurance Company. However, due to the group’s continued weak operating performance, recent prior year development, reduced capitalization and a challenging environment faced in both commercial and personal lines, A.M. Best assigned a negative outlook to the ratings.
Was this article valuable?
Here are more articles you may enjoy.
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments
Florida Mobile Home Insurance Market Still Struggling With Premiums, Coverage
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model
Verisk: Insurance Claims Volume Fell to 5-Year Low in 2025 


