Best Affirms Rating on Atlantic Mutual

A.M. Best Co. has affirmed the A- (Excellent) financial strength rating of The Atlantic Mutual Companies. The rating applies to the group's four members, led by the Atlantic Mutual Insurance Company. The ratings have been assigned a negative outlook however. According to Best, the ratings reflect the group's adequate capitalization and strong franchise, enhanced by its well-regarded service reputation and strong client relationships. Best says that the company's business strategy is highly focused on targeting low-hazard commercial, upscale personal and marine business segments; offering tai...