11/16/2007  Asuris receives affirmed A- rating from A.M. Best

We are pleased to receive an affirmed A- in our most recent A.M. Best rating!

This grade reflects A.M. Best's assessment of our parent company's financial strength and is based on its strong risk-based capital and favorable underwriting and net income results. Although income results have declined since last year, the lower operating performance is the result of pricing revisions that were made to lower profit margins and slow the growth of reserves. While the growth in capital is expected to slow as a result of lower earnings, the capitalization level is expected to remain strong. As a result, our parent company's rating was upgraded from an A- to an A.

Our A- rating validates the trust that our customers place in our solidity and stability. We are committed to forging and maintaining lifelong relationships with our members—and to do that, we must remain financially healthy. We think that the A- reflects this commitment.

Read A.M. Best's press release on the recent ratings. If you have questions about the rating, please talk to your Asuris Sales contact.

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