{"id":29512,"date":"2026-07-01T22:34:00","date_gmt":"2026-07-01T20:34:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=4907fd3cac217d5daa3b975470ff7e14"},"modified":"2026-07-01T22:34:00","modified_gmt":"2026-07-01T20:34:00","slug":"am-best-affirms-credit-ratings-of-motors-insurance-company-limited","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=29512","title":{"rendered":"AM Best Affirms Credit Ratings of Motors Insurance Company Limited"},"content":{"rendered":"

LONDON--(BUSINESS WIRE)--#insurance<\/a>--AM Best<\/b> has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of \u201ca-\u201d (Excellent) of Motors Insurance Company Limited (MICL) (United Kingdom). The outlook of these Credit Ratings (ratings) is stable. MICL is a wholly owned subsidiary of AmTrust International Insurance, Ltd., which is a member of the AmTrust Group.<\/p><\/a><\/a>

The ratings reflect MICL\u2019s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.<\/p>

MICL\u2019s balance sheet strength is underpinned by its risk-adjusted capitalisation comfortably at the strongest level, as measured by Best\u2019s Capital Adequacy Ratio (BCAR), and is supported by prudent reserving practices and a low-risk investment portfolio. Over the medium term, AM Best expects the buffers in the company\u2019s risk-adjusted capitalisation in excess of the strongest threshold to reduce moderately as the company is likely to continue to upstream excess capital to the group through a series of dividend payouts. The company\u2019s moderate dependence on reinsurance and concentration to one reinsurance counterparty is mitigated partially by that counterparty\u2019s excellent credit quality.<\/p>

MICL has a track record of strong operating performance, with a five-year (2021-2025) weighted average return-on-equity ratio of 11.5%. The company\u2019s earnings are underpinned by solid underwriting profits over the cycle, demonstrated by a five-year weighted average combined ratio of 91.6%, as calculated by AM Best. Underwriting profitability is supported by prudent pricing and profit-sharing arrangements with motor manufacturers. In addition, the company\u2019s overall earnings are supported by modest investment returns from its conservative asset allocation.<\/p>

MICL provides auto warranty and auto add-on policies, primarily distributed by retail intermediaries. The company has a well-established competitive position in the auto warranty market in the UK, which generates the majority of its revenue. AM Best expects the company\u2019s book of business to remain relatively stable.<\/p>

This press release relates to Credit Ratings that have been published on AM Best\u2019s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best\u2019s <\/b>Recent Rating Activity<\/b><\/a> web page. For additional information regarding the use and limitations of Credit Rating opinions, please view <\/b>Guide to Best\u2019s Credit Ratings<\/b><\/a>. For information on the proper use of Best\u2019s Credit Ratings, Best\u2019s Performance Assessments, Best\u2019s Preliminary Credit Assessments and AM Best press releases, please view <\/b>Guide to Proper Use of Best\u2019s Ratings & Assessments<\/b><\/a>.<\/b><\/p>

AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit <\/b>www.ambest.com<\/b><\/a>.<\/b><\/p>

Copyright \u00a9 2026 by A.M. Best Rating Services, Inc. and\/or its affiliates. ALL RIGHTS RESERVED.<\/b><\/p> Contacts<\/b>

Naz Botea, ACA<\/b>Financial Analyst<\/b>+44 20 7397 0313<\/b>naz.botea@ambest.com<\/a>Kanika Thukral<\/b>Associate Director, Analytics<\/b>+44 20 7397 0327<\/b>kanika.thukral@ambest.com<\/a>William Hughes<\/b>Financial Analyst<\/b>+44 20 7397 4397<\/b>william.hughes@ambest.com<\/a>Christopher Sharkey<\/b>Associate Director, Public Relations<\/b>+1 908 882 2310<\/b>christopher.sharkey@ambest.com<\/a>Al Slavin<\/b>Senior Public Relations Specialist<\/b>+1 908 882 2318<\/b>al.slavin@ambest.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

LONDON–(BUSINESS WIRE)–#insurance–AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of \u201ca-\u201d (Excellent) of Motors Insurance Company Limited (MICL) (United Kingdom). The outlook of these Credi…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-29512","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/29512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29512"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/29512\/revisions"}],"predecessor-version":[{"id":29513,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/29512\/revisions\/29513"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}