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    Financial Ratings

    Ratings from A.M. Best
    A.M. Best's report on ProAssurance Group


    Empty header A.M. Best
    Financial Strength
    		A3 (WU)
    10/07/2020    		 A- (OS)
    10/20/2022

    		A3 (ON)
    1/23/2020    		 A (WU)
    2/20/2020

    		A3 (OS)
    4/12/2019    		 A (OS)
    6/3/2019

    		A3 (OS)
    4/22/2016    		 A (OS)
    6/12/2018
    Financial Strength
    		A (OS)
    6/20/2024
    Long-term Issuer

    Financial Strength

    		A- (OS)
    10/20/2022


    		A (WU)
    2/20/2020


    		A (OS)
    6/3/2019


    		A (OS)
    6/12/2018
    Financial Strength
    		A (OS)
    6/20/2024
    Long-term Issuer

    Financial Strength
    		A (OS)
    6/20/2024
    Long-term Issuer

    Financial Strength
    		A (OP)
    6/20/2024
    Financial Strength
    		A (OS)
    6/20/2024
    Financial Strength
    		A (OS)
    6/20/2024
    Financial Strength
    		A (OS)
    6/20/2024
    Financial Strength
    		A (OS)
    6/20/2024
    Financial Strength
    		A (OS)
    6/20/2024
    Financial Strength
    		A (OS)
    6/20/2024
    Financial Strength
    		A (OS)
    6/20/2024
    Financial Strength
    		A (OS)
    6/20/2024
    Financial Strength
    		A (OS)
    6/20/2024
    Financial Strength
    		A (OS)
    6/20/2024
    Financial Strength
    		A (OS)
    6/20/2024
    Financial Strength
    		NR
    Financial Strength
    		NR
    Ratings Watch Action Legend: (WP) Watch Positive, (WN) Watch Negative, (WU) Watch Uncertain, (WR) Watch Removed, (OP) Outlook Positive, (ON) Outlook Negative, (OS) Outlook Stable, (OD) Outlook Developing

    NR indicates that the subsidiary has not been rated by the listed rating agency.
    Long-Term Ratings   
    • Highest Credit Quality
      AAA AAA(EXP) AAApre
    • Very High Credit Quality
      AA+ AA+(EXP) AA AA(EXP) AA- AA-(EXP)
    • High Credit Quality
      A+ A+(EXP) A A(EXP) A- A-(EXP)
    • Good Credit Quality
      BBB+ BBB+(EXP) BBB BBB(EXP) BBB- BBB-(EXP)
    • Speculative
      BB+ BB+(EXP) BB BB(EXP) BB- BB-(EXP)
    • Highly Speculative
      B+ B+(EXP) B B(EXP) B- B-(EXP)
    • High Default Risk
      CCC+ CCC+(EXP) CCC CCC(EXP) CCC- CCC-(EXP) CC CC(EXP) C
    • Default
      DDD DD D
    Short-Term Ratings   
    • Exceptionally High Quality
      F1+ F1+(EXP)
    • High Quality
      F1 F1(EXP)
    • Good Quality
      F2 F2(EXP)
    • Fair Quality
      F3 F3(EXP)
    • Speculative
      B B(EXP)
    • High Default Risk
      C C(EXP)
    • Default
      D D(EXP)
    Financial Strength Ratings   
    • Exceptionally Strong
      AAA AAAq
    • Very Strong
      AA+ AA+q AAq AA AA- AA-q
    • Strong
      A+ A+q Aq A A- A-q
    • Good
      BBB+ BBB+q BBBq BBB BBB- BBB-q
    • Moderately Weak
      BB+ BB+q BB BBq BB- BB-q
    • Weak
      B+ B+q B Bq B- B-q
    • Very Weak
      CCC+ CCC+q CCCq CCC CCC- CCC-q CCq CC Cq C
    • Distressed
      DDD DDDq DDq DD Dq D
    • Exceptional Security
      Aaa
    • Excellent Security
      Aa1 Aa2 Aa3
    • Good Security
      A1 A2 A3
    • Adequate Security
      Baa1 Baa2 Baa3
    • Questionable Security
      Ba1 Ba2 Ba3
    • Poor Security
      B1 B2 B3
    • Very Poor Security
      Caa1 Caa2 Caa3
    • Extremely Poor Security
      Ca C

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