Sentry Insurance Maintains AM Best A+ Rating for 34 Years
Sentry Insurance has maintained an A+ (Superior) rating from AM Best for 34 consecutive years, reflecting the company's stable financial performance and strong business profile. AM Best's assessment highlights Sentry's capital and balance sheet strength, diverse business lines, and consistent operating results as key factors behind this sustained rating. The mutual insurer's longevity in achieving such a high rating underscores its financial resilience in the competitive U.S. property and casualty insurance market.
In addition to Sentry's longstanding rating, AM Best recently upgraded The General's Financial Strength Rating to A+ (Superior) and its Long-Term Issuer Credit Rating to 'aa-' (Superior) after its acquisition by Sentry. This acquisition reinforces Sentry's growth potential and strategic expansion within the insurance industry. Less than 10% of U.S.-based property and casualty insurers hold an A+ rating, with even fewer maintaining it for over three decades.
Sentry's financial strength is further evidenced by its latest Fortune 1000 ranking, where the company placed 614th based on $5.4 billion in 2024 revenue, marking a nearly 10% increase from the previous year and its highest position to date. This upward movement reflects both revenue growth and operational stability.
AM Best is a well-known credit rating agency specializing in insurance, with a global presence, providing detailed assessments of insurers' financial and operational health. Its ratings are widely regarded by industry professionals for evaluating risk and reliability.
Sentry Insurance operates as part of one of the largest mutual insurance groups in the U.S., offering a broad spectrum of insurance products including property and casualty insurance, life insurance, annuities, and retirement programs. The company serves a nationwide clientele through its subsidiaries, emphasizing diversified underwriting capabilities and financial security.
This long-standing A+ rating from AM Best signals to insurers, brokers, and policyholders that Sentry Insurance is a financially secure and reliable partner in managing various insurance needs across multiple sectors. The continued acknowledgment by AM Best solidifies Sentry's position within the insurance industry as a stable and growing mutual insurer, equipped to sustain its performance in evolving market conditions.