CopperPoint Insurance Companies is proud to announce that today AM Best has affirmed the Financial Strength Rating of A (Excellent) for CopperPoint Insurance Company and its subsidiaries with a stable outlook. Alaska National Insurance Company has also been added as a new member to Best’s rating for CopperPoint Insurance Group.
These ratings reflect the strength of CopperPoint’s balance sheet, risk appetite and operating results over the last several years. CopperPoint maintains the strongest level of risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), supported by a conservative investment portfolio, favorable reserve development and strong reinsurance program.
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We are focused on a mutually successful start to 2022 and as always, thank you for your continued partnership.
Marc E. Schmittlein
President & CEO, CopperPoint Insurance Companies