AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of 'aa-' (Superior) for the members of Allstate Insurance Group. This affirmation reflects the group's strong balance sheet, robust operating performance, and appropriate enterprise risk management.
Additionally, AM Best affirmed the FSR of A- (Excellent) and the Long-Term ICR of 'a-' (Excellent) for the ASMI Auto Group members. The FSR of A (Excellent) and the Long-Term ICR of 'a' (Excellent) of First Colonial Insurance Company were also affirmed.
These ratings indicate Allstate's strong financial position and its ability to meet its ongoing insurance obligations. The stable outlook assigned to these ratings underscores confidence in the company's continued financial strength and strategic execution.
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