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AFG American Financial Group

128.24
-0.55 (-0.43%)
Last Updated: 15:14:39
Delayed by 15 minutes
Share Name Share Symbol Market Type
American Financial Group NYSE:AFG NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.55 -0.43% 128.24 128.625 128.08 128.08 6,339 15:14:39

A.M. Best Withdraws Issuer Credit Rating of National Interstate Corporation

22/08/2017 8:21pm

Business Wire


American Financial (NYSE:AFG)
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A.M. Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” with a stable outlook of National Interstate Corporation (National Interstate) (Ohio), and concurrently withdrawn the Long-Term ICR. National Interstate is now an intermediate, private holding company within American Financial Group, Inc. (American Financial Group) [NYSE/NASDAQ:AFG].

National Interstate has no outstanding debt, as its obligations were satisfied upon the acquisition of the remaining shares in the organization by American Financial Group. National Interstate will no longer be preparing external financial statements and no longer requires a Credit Rating.

This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.

A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.

A.M. BestGreg Dickerson, +1 908 439 2200, ext. 5161Senior Financial Analystgregory.dickerson@ambest.comorJennifer Marshall, CPCU, ARM, +1 908 439 2200, ext. 5327Directorjennifer.marshall@ambest.comorChristopher Sharkey, +1 908 439 2200, ext. 5159Manager, Public Relationschristopher.sharkey@ambest.comorJim Peavy, +1 908 439 2200, ext. 5644Director, Public Relationsjames.peavy@ambest.com

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