Sentry rated A+ by A.M. Best for 28th year in a row
For the City Times
Mutual insurer has “superior ability to meet its ongoing insurance obligations”
STEVENS POINT – After concluding its annual review in May, A.M. Best, the insurance industry’s leading rating authority, assigned Sentry Insurance an A+ (Superior) rating. It’s the 28thconsecutive year Sentry has received the rating. The rating confirms Sentry’s financial strength and superior ability to pay its customers’ future claims.
“We appreciate the recognition of an A+ rating from A.M. Best for the 28th straight year” said Todd Schroeder, Sentry Chief Financial Officer and President – Life & Annuities. “The exclusivity and longevity of this rating reflects the hard work of all our associates and retirees.”
Less than 15 percent of U.S.-based property and casualty insurance companies earn the A+ rating—even fewer have achieved it for more than a quarter-century.
In support of its A+ rating, A.M. Best points to Sentry’s balance sheet strength, which achieves the rating authority’s highest ranking of “strongest” for risk-adjusted capitalization. A.M. Best also recognizes Sentry’s consistent underwriting and favorable levels of investment income, well-diversified business mix, strong management team, and enterprise risk management processes that assist in meeting corporate profitability and preservation of capital goals.