In A.M. Best's financial strength ratings, what does the modifier 'r' indicate?

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In A.M. Best's financial strength ratings, what does the modifier 'r' indicate?

In A.M. Best's financial strength ratings, modifiers signal special factors that affect how the rating is determined. The "r" modifier means the rating includes consideration of reinsurance. This indicates Best's has factored in the company’s reinsurance arrangements when assessing strength, so the rating reflects the protection provided or backed by reinsurers. It’s not about a provisional status, reserves, or ratings issued by another agency.

In A.M. Best's financial strength ratings, modifiers signal special factors that affect how the rating is determined. The "r" modifier means the rating includes consideration of reinsurance. This indicates Best's has factored in the company’s reinsurance arrangements when assessing strength, so the rating reflects the protection provided or backed by reinsurers. It’s not about a provisional status, reserves, or ratings issued by another agency.

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