AM Best affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of "a-" (Excellent) for the operating subsidiaries of The Fortegra Group, Inc. Fortegra is a wholly owned subsidiary of Tiptree Inc.
The affirmed ratings reflect Fortegra's strong balance sheet, robust operating performance, neutral business profile, and appropriate enterprise risk management. These ratings indicate the financial stability and strength of Fortegra's insurance operations.
This affirmation by a leading credit rating agency provides independent validation of Fortegra's financial health and its ability to meet its ongoing policyholder obligations. It is a positive signal for investors regarding the stability of Tiptree's core insurance segment.
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