AM Best has upgraded the Financial Strength Rating (FSR) of the members of Crum & Forster Insurance Group (C&F) to A+ (Superior) from A (Excellent), and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “aa-” (Superior) from “a+” (Excellent). The outlook for these ratings is stable.
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This upgrade reflects C&F's very strong balance sheet, solid operating performance, favorable business profile, and robust enterprise risk management. AM Best highlighted C&F's significant growth and diversification in recent years, achieved through organic expansion while maintaining strong underwriting results and reduced volatility. The ratings also reflect the benefits the group derives from its role within the larger Fairfax Financial Holdings Limited enterprise.
“We are honored by AM Best's recognition of our continued financial strength and disciplined growth. This upgrade to A+ (Superior) reflects the dedication and teamwork of our employees, who go the extra mile every day for our clients and partners,” said Arleen Paladino, Chief Financial Officer of Crum & Forster. “It's a testament not only to the dedication and expertise of our employees, but also to the culture of teamwork and commitment that defines C&F. Together, we remain committed to delivering innovative insurance solutions with integrity and excellence to our clients.”
AM Best also affirmed the FSR of A (Excellent) and Long-Term ICR of “a+” (Excellent) for Monitor Life Insurance Company of New York, a C&F subsidiary. Monitor Life continues to demonstrate a very strong balance sheet with stable ratings and a positive outlook as it builds scale and expands its product offerings nationwide.
About Crum & ForsterCrum & Forster (www.cfins.com) is a leading national property, casualty, and accident & health insurer, providing specialty insurance products through its admitted and surplus lines insurance companies.
Founded in 1822, C&F is one of the oldest U.S. insurance companies, and today conducts business through a network of independent agents, brokers and wholesalers. C&F had $5.7 billion in gross written premium in 2024 and is rated “A+” Superior by AM Best (2025).
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Media ContactAmy WhilldinAVP, Public Relations & Communicationsmediainquiries@cfins.com
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SOURCE Crum & Forster
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