Shelter Reinsurance Company Scores a+ Rating from A.M. Best
COLUMBIA, MO - Shelter Reinsurance Company (Shelter Re) received an issuer credit rating (ICR) of "a+" and a Financial Strength Rating (FSR) of A (Excellent) from A.M. Best, a highly-regarded credit rating agency specifically focused on the insurance industry. A.M. Best also affirmed the "a" and "a+" ratings for the Shelter Insurance Companies—Shelter Mutual Insurance Company, Shelter General Insurance Company and AmShield Insurance Company. Haulers Insurance Company, Inc. received an "a" rating and Shelter Life Insurance Company maintained its "a+" rating. Haulers and Shelter Life are both subsidiaries of Shelter Mutual. A.M. Best's ratings help consumers determine the financial strength of insurance companies worldwide.
Shelter Re's upgrade is based on its group earnings and net income, as well as its favorable risk-adjusted capitalization and favorable operating performance on an ongoing basis all contributed to A.M. Best's rating.
Shelter Reinsurance Company is a wholly owned subsidiary of Shelter Mutual Insurance Company. Other companies in the Shelter Insurance Companies family include Shelter Life Insurance Company and Hauler's Insurance Company, Inc. A.M. Best also affirmed FSRs of A (Excellent) for these companies. To learn more about A.M. Best's upgraded rating of Shelter Life, read their press release.
The Shelter Insurance Companies offer auto, home, life, farm and business insurance services to customers in 18 states via a network of local insurance agents. Shelter is rated an FSR of “A” (Excellent) by A.M. Best. For more information, contact Director of Public Relations Jay MacLellan at 573-214-4393.Newer