RATING SERVICES

 


EXPLANATION OF RATINGS

SERVICE
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TELEPHONE

A.M. BEST 908-439-2200
FITCH RATINGS   800-893-4824
MOODY'S  212-553-0377
STANDARD & POOR'S   212-438-2400

 

 

 

 

EXPLANATION OF RATINGS

Rank Number S&P MOODY'S A.M. BEST
1 AAA Aaa A++
2 AA+ Aa1 A+
3 AA Aa2 A
4 AA- Aa3 A-
5 A+ A1 B++
6 A A2 B+
7 A- A3 B
8 BBB+ Baa1 B-
9 BBB Baa2 C++
10 BBB- Baa3 C+
11 BB+ Ba1 C
12 BB Ba2 C-
13 BB- Ba3 D
14 B+ B1
15 B B2
16 B- B3
17 CCC

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