Over the generations, GNY has underwritten prudently, staffed wisely, and expanded strategically. Because we have always been careful stewards of our insureds’ premiums, we have never had to compromise the financial strength upon which they rely.
Roll over any of the links at the left to learn more about A.M. Best's independent assessment of our financial strength.
A.M. Best, one of the nation's most respected independent rating agencies, has awarded GNY a superior rating of A+.
A.M. Best stated that GNY's A+ rating was based on a number of key factors:
–the Group's strong overall earnings;
A.M. Best found that the Group's Best Capital Adequacy Ratio, which deals with the strength of its balance sheet, is so high that in this respect it would qualify for an A++ rating. Its continued strong capitalization compares very favorably to its commercial casualty peers.
A.M. Best has noted that the Greater New York Group maintains lower credit risk because of:
- its higher premium retention rating;