The ratings reflect First Net’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
AM Best has affirmed the financial strength rating of B++ (good) and the long-term issuer credit rating of bbb+ (good) of First Net Insurance Company (Guam). The outlook of these credit ratings is “stable”.
The ratings reflect First Net’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
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