A.M. Best has affirmed FFVA Mutual’s financial strength rating of A- (Excellent) and issuer credit rating of “a-” and reaffirmed the outlook to stable.
In releasing the rating, A.M. Best reported: “The ratings reflect FFVA’s excellent risk-adjusted capitalization, historically strong underwriting and overall operating performance. These positive rating factors are largely derived from the company’s adherence to sound underwriting principles, prudent investment strategies and an experienced management team.”
“Our rating is confirmation of our ongoing commitment to successful growth of our top and bottom lines, and the confidence in our financial strength and strong operating performance,” stated Craig Menzl, FFVA Mutual’s president and chief executive officer.
To view FFVA Mutual’s revised rating, visit “A.M. Best Assigns Ratings to FFVA Mutual Insurance Co.” For A.M. Best’s Credit Rating Methodology, go to www.ambest.com/ratings/methodology.