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AM Best Assigns Credit Ratings to The Gray Indemnity Company; Affirms Credit Ratings of The Gray Insurance Company and Affiliate
January 28, 2021 GMT
OLDWICK, N.J. (BUSINESS WIRE) Jan 28, 2021
AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” to The Gray Indemnity Company (GID). The outlook assigned to these Credit Ratings (rating) is stable. Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICRs of “a-” of The Gray Insurance Company (GIC) and Gray Surplus Lines Insurance Company (GSLIC). The outlook of these ratings is stable. These companies collectively are known as Gray Insurance Group (the group).