(NASDAQ:NEXT) OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A+ (Superior) from A- (Excellent) and the Long-Term Issuer Credit Rating to “aa” (Superior) from “a-” (Excellent) of Next Insurance US Company (Next US) (headquartered in Palo Alto, CA). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Next US’s inclusion as a member of the lead rating unit, Munich Reinsurance Company
Related Questions
How will the upgraded A+ Financial Strength Rating and ‘aa’ Long-Term Issuer Credit Rating affect NEXT's share price and trading volume in the short term?
How does Next Insurance's new rating compare with other digital insurers and traditional carriers, and what does this imply for its competitive positioning?
What are the potential impacts on Next's underwriting capacity, pricing power, and long‑term profitability now that it is part of Munich Re’s lead rating unit?