Jewelers Mutual gets an A+ in financial strength

by eyetee | January 22, 2014 2:32 pm

Jewelers Mutual has been awarded an ‘A+ Superior’ financial strength rating for the 27th year in a row by A.M. Best.

“Twenty-seven consecutive years of A+ ratings is an accomplishment we are very proud of at Jewelers Mutual,” says company president and chief executive officer (CEO), Darwin Copeman.

“A.M. Best is one of the most respected rating companies in the world. This A+ rating reflects Jewelers Mutual’s financial strength and stability over more than a quarter of a century. I have heard agents and policyholders refer to Jewelers Mutual as the gold standard in jewellery insurance, and A.M. Best’s rating certainly supports our position as a leading insurer for jewellery businesses and jewellery owners.”

A.M. Best is the oldest and most authoritative insurance rating and information source.

The ‘A+ Superior’ rating refers to a company’s financial strength and security. According to Jewelers Mutual, its consistent underwriting profits, positive cash flow from operations, and a stable stream of net investment income have contributed to earning the rating.

Source URL: https://www.jewellerybusiness.com/news/jewelers-mutual-gets-an-a-in-financial-strength/