A.M. Best Upgrades Ratings of Arbella Insurance Group and Its Members

The rating upgrades reflect Arbella’s surplus growth and strong risk-adjusted capitalization following its improved underwriting performance, which is due mainly to favorable loss experience and reduced underwriting leverage over the past several years. However, Arbella maintains elevated underwriting expenses relative to its composite peers and other Massachusetts personal automobile writers, as well as substantial property catastrophe exposure, which is closely managed and mitigated through reinsurance and coverage limitations.

Arbella is primarily engaged in writing personal lines and commercial insurance products in Massachusetts, Connecticut and Rhode Island. Arbella has an established market presence as the third leading writer of personal automobile insurance under the Massachusetts system of managed competition.

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The principal methodologies used in determining these ratings, including any additional methodologies and factors that may have been considered, can be found at www.ambest.com/ratings/methodology.

Founded in 1899, A.M. Best Company is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers. For more information, visit www.ambest.com.

A.M. Best Co.
Analysts
David Fidecaro, 908-439-2200, ext. 5420
david.fidcaro@ambest.com
or
Rick Decker, 908-439-2200, ext. 5423
rick.decker@ambest.com
or
Public Relations
Jim Peavy, 908-439-2200, ext. 5644
james.peavy@ambest.com
or
Rachelle Morrow, 908-439-2200, ext. 5378
rachelle.morrow@ambest.com