Insurance Company Rating Categories

Rank Number	A.M. Best	Standard & Poor's	Moody's	Fitch
	Financial Strength	Financial Strength	Financial Strength	Financial Strength
1	A++ Secure/ Superior	AAA Extremely Strong	Aaa Exceptional	AAA Secure/ Highest
2	A+ Secure/ Superior	AA+ Very Strong	Aa1, Aa2, Aa3 Excellent	AA+ Secure/ Very High
3	A Secure/ Excellent	AA Very Strong	A1, A2, A3 Good	AA Secure/ Very High
4	A- Secure/ Excellent	AA- Very Strong	Baa1, Baa2, Baa3 Adequate	AA- Secure/ Very High
5	B++ Secure/ Very Good	A+ Strong	Ba1, Ba2, Ba3 Questionable	A+ Secure/ High
6	B+ Secure/ Good	A Strong	B1, B2, B3 Poor	A Secure/ High
7	B Vulnerable/ Fair	A- Strong	Caa Very Poor	A- Secure/ High
8	B- Vulnerable/ Fair	BBB+ Good	Ca Extremely Poor	BBB+ Secure/ Adequate
9	C++ Vulnerable/ Marginal	BBB Good	C Lowest	BBB Secure/ Adequate
10	C+ Vulnerable/ Marginal	BBB- Good		BBB- Secure/ Adequate
11	C Vulnerable/ Weak	BB+ Marginal		BB+ Uncertain
12	C- Vulnerable/ Weak	BB Marginal		BB Uncertain
13	D Vulnerable/ Poor	BB- Marginal		BB- Uncertain
14	Vulnerable/ Under State Supervision	B+ Weak		B+ Possessing Risk
15	F Vulnerable/ In Liquidation	B Weak		B Possessing Risk
16	S Rating Suspended	B- Weak		B- Possessing Risk
17		CCC+ Very Weak		CCC Substantial Risk
18		CCC Very Weak		DD Liquidating
19		CCC- Very Weak		SR Suspended Rating
20		CC Extremely Weak
21		R Regulatory Action