{"id":31934,"date":"2026-07-07T19:21:00","date_gmt":"2026-07-07T17:21:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=a5da3ab4ac0b4d3c1704f5c6de6e2e34"},"modified":"2026-07-07T19:21:00","modified_gmt":"2026-07-07T17:21:00","slug":"am-best-revises-issuer-credit-rating-outlook-to-stable-for-brotherhood-mutual-insurance-company","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=31934","title":{"rendered":"AM Best Revises Issuer Credit Rating Outlook to Stable for Brotherhood Mutual Insurance Company"},"content":{"rendered":"

OLDWICK, N.J.--(BUSINESS WIRE)--#insurance<\/a>--AM Best <\/b>has revised the outlook to stable from negative for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of \u201cbbb+\u201d (Good) of Brotherhood Mutual Insurance Company (Brotherhood) (Fort Wayne, IN). The outlook of the FSR is stable.<\/p><\/a><\/a>

\nThe Credit Ratings (ratings) reflect Brotherhood\u2019s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.<\/p>

\nThe revision of the Long-Term ICR outlook to stable from negative reflects improved balance sheet strength fundamentals in recent years, supported by very strong risk-adjusted capitalization, as measured by Best\u2019s Capital Adequacy Ratio (BCAR), driven by favorable underwriting results and strong investment income generated from its robust investment portfolio and dividends from affiliates and improved, although elevated, leverage measures. The improvement is the result of management\u2019s efforts to improve profitability by implementing wind and hail deductibles in coastal areas, along with rate increases, enhanced reinsurance and adherence to tighter underwriting guidelines. Offsetting these factors is the volatility in reserve development over the most recent five years, as management continues to strengthen reserves to maintain a more conservative position. While it has partially offset the level of surplus growth, Brotherhood has been able to absorb recent reserve development without erosion in absolute capital levels and risk-adjusted capitalization.<\/p>

\nThis 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's 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>

\nAM Best is a global credit rating agency, news publisher and data analytics provider specializing 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>

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

\nJanet Hernandez<\/b>Associate Director<\/b>+1 908 882 1890<\/b>janet.hernandez@ambest.com<\/a>\nChristopher Sharkey<\/b>Associate Director, Public Relations<\/b>+1 908 882 2310<\/b>christopher.sharkey@ambest.com<\/a>\nChristopher Draghi<\/b>Director<\/b>+1 908 882 1749<\/b>chris.draghi@ambest.com<\/a>\nAl Slavin<\/b>Senior Public Relations Specialist<\/b>+1 908 882 2318<\/b>al.slavin@ambest.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

OLDWICK, N.J.–(BUSINESS WIRE)–#insurance–AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of \u201cbbb+\u201d (G…<\/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-31934","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\/31934","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=31934"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/31934\/revisions"}],"predecessor-version":[{"id":31935,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/31934\/revisions\/31935"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}