Demotech Upgrades the Financial Stability Rating® Assigned to AmTrust Title Insurance Company - A Prime
The Financial Stability Rating® (FSR) assigned to AmTrust Title Insurance Company has been upgraded to A’ (A Prime), Unsurpassed, by Demotech, Inc. This level of FSR is assigned to insurers who possess unsurpassed financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing.
FSRs summarize Demotech’s opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle. FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC).
About AmTrust Title Insurance Company
AmTrust Title Insurance Company was formed in 1991 as First Atlantic Title Insurance Company, and acquired by AmTrust Financial Services, (NASDAQ: AFSI) in 2014. The Company is headquartered and domiciled in New York, New York, and is licensed in eight other states. AmTrust Title is a strongly capitalized Title insurer that is an active participant in the commercial and residential title insurance markets, and features an advanced enterprise technology platform, Periscopa™, that assures its customers of efficient and compliant transactions through a collaborative, mobile system.
About Demotech, Inc.
Demotech, Inc. is a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers. Since 1985, Demotech has served the insurance industry by assigning accurate, reliable and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurers and Title underwriters. FSRs are a leading indicator of financial stability, providing an objective baseline of the future solvency of an insurer. Demotech’s philosophy is to review and evaluate insurers based on their area of focus and execution of their business model rather than solely on financial size. Visit www.demotech.com for more information.