AM Best Affirms A- (Excellent) Rating of NGL and Revises Outlook to Positive
We are pleased to announce AM Best has revised the outlooks to positive from stable and affirmed its A- (Excellent) rating effective February 28, 2020. This rating reflects the excellent ability of NGL to meet its ongoing insurance policy and contract obligations and further attests to its financial strength.
“Our AM Best rating is pivotal to our future success and is a true measure of NGL’s financial strength and business model effectiveness relative to the industry and our peers. We will continue to enhance our business profile, especially through innovation and a commitment to a digital future, and will seek to optimize our earnings and capital position through prudent financial management and business prioritization,” said Knut Olson, President and Chief Executive Officer at NGL.
AM Best is the world’s oldest and most authoritative insurance rating information source. The financial strength rating is based on a comprehensive quantitative and qualitative evaluation of a company’s balance sheet strength, operating performance and business profile.
We are excited for what the future holds for our partners and policyholders. Strengthening our foundation means more possibilities for innovation and benefits for you and your clients.
CLICK HERE to read the full article. To learn more about NGL’s financial strength and stability, visit our website, nglic.com. For the latest rating, access ambest.com.
Please contact NGL Marketing at marketing@nglic.com with any questions.
NGL’s Financial Strength Affirmed
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