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;
–its position as a leading writer of commercial package for
   habitational, light industrial and office building risks in
   urban areas of the Northeast;
–the Group's low underwriting leverage, conservative
   investment and operating principles;
–the solid underwriting performance of its leading line
   of business-commercial multiperil;
–the Group's impressive return on revenue, which has
   outpaced its peers by a wide margin;
–its very conservative operating leverage and
   substantial investment income;
–focus on investing in intermediate government
   bonds, with an average life of about five years;
–the Group's historically higher yield on investments
   than  its competitors.

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;
- the use of high-quality reinsurers;
- its moderate exposure to a shock loss from severe weather
   problems;
- consistent growth in policyholder surplus.