Virginia Surety Company, Inc. Earns Financial Stability Rating


Virginia Surety Company, Inc. Earns Financial Stability Rating

Columbus, OH (ContentDesk) September 14, 2005 — Virginia Surety Company, Inc. has earned a Financial Stability Rating (FSR) of A’ (A prime), Unsurpassed, from Demotech, Inc. This level of FSR is appropriate for insurers who possess unsurpassed ability to maintain liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves and realistic pricing.

SRs summarize Demotech’s opinion as to the financial stability of an insurer regardless of general economic conditions or the phase of underwriting cycle. FSRs are based upon statutory insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC). For more than a decade, FSRs of A or better have been accepted by the major participants in the secondary mortgage marketplace, including the Fannie Mae, Freddie Mac and HUD.Virginia Surety Company is the principal U.

Aon Corporation. Virginia Surety Company provides innovative approaches to the insurance of risks as well as sound and conservative underwriting experience for a variety of client industries. The Company offers a wide array of insured service plans and warranty products to the auto, recreational, consumer electronics, appliance, home and commercial industries. The Company is rated A- by A.M. Best Company.

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Virginia Surety Company, Inc. Earns Financial Stability Rating

Columbus, OH (ContentDesk) September 14, 2005 -- Virginia Surety Company, Inc. has earned a Financial Stability Rating (FSR) of A' (A prime), Unsurpassed, from Demotech, Inc. This level of...

Virginia Surety Company, Inc. Earns Financial Stability Rating

Columbus, OH (ContentDesk) September 14, 2005 -- Virginia Surety Company, Inc. has earned a Financial Stability Rating (FSR) of A' (A prime), Unsurpassed, from Demotech, Inc. This level of...

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