A.M. Best has affirmed Stonetrust’s Financial Strength Rating of a B++ (Good), reflecting favorable considerations in the group’s overall balance sheet strength.
The rating affirmation reflects Stonetrust’s balance sheet strength, which A.M. Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM).
The outlook revisions to positive reflect favorable considerations regarding Stonetrust’s overall balance sheet strength. A.M. Best expects Stonetrust to continue to report favorable loss reserving trends, maintain the strongest level of risk-adjusted capitalization, as measured by Best’s Credit Adequacy Ratio (BCAR), and continue to generate organic surplus growth through profitable underwriting and investment performance.
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