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Based on rigorous qualitative and quantitative analysis of the company’s balance sheet, operating performance and volume of business, Insurance company ratings assess an insurance company’s financial performance by a third party. In the insurance sector, there are five major firms prevailing in the market today that provide authentic ratings. They are as follows:
A.M. Best, Standard & Poor’s, Weiss Ratings, Fitch Ratings, and Moody’s Investors Service.