Long Term Care Insurance, Ratings

Rank Number

A.M. Best

Standard & Poor's

Moody's

Fitch

Financial Strength

Financial Strength

Financial Strength

Claims Paying Ability

1

A++
Secure / Superior

AAA
Extremely Strong

Aaa
Exceptional

AAA
Secure / Highest

2

A+
Secure / Superior

AA+
Very Strong

Aa1
Excellent

AA+
Secure / Very High

3

A
Secure / Excellent

AA
Very Strong

Aa2
Excellent

AA
Secure / Very High

4

A-
Secure / Excellent

AA-
Very Strong

Aa3
Excellent

AA-
Secure / Very High

5

B++
Secure / Very Good

A+
Strong

A1
Good

A+
Secure / High

6

B+
Secure / Good

A
Strong

A2
Good

A
Secure / High

7

B
Vulnerable / Fair

A-
Strong

A3
Good

A-
Secure / High

8

B-
Vulnerable / Fair

BBB+
Good  

Baa1
Adequate

BBB+
Secure / Adequate

9

C++
Vulnerable / Marginal

BBB
Good  

Baa2
Adequate

BBB
Secure / Adequate

10

C+
Vulnerable / Marginal

BBB-
Good  

Baa3
Adequate

BBB-
Secure / Adequate

11

C
Vulnerable / Weak

BB+
Marginal

Ba1
Questionable

BB+
Uncertain

12

C-
Vulnerable / Weak

BB
Marginal

Ba2
Questionable

BB
Uncertain

13

D
Vulnerable / Poor

BB-
Marginal

Ba3
Questionable

BB-
Uncertain

14

E
Vulnerable / Under State Supervision

B+
Weak

B1
Poor

B+
Possessing Risk

15

F
Vulnerable / In Liquidation

B
Weak

B2
Poor

B
Possessing Risk

16

S
Rating Suspended

B-
Weak

B3
Poor

B-
Possessing Risk

17

CCC+
Very Weak

Caa
Very Poor

CCC
Substantial
Risk

18

CCC
Very Weak

Ca
Extremely Poor

DD
Liquidating

19

CCC-
Very Weak

C
Lowest

SR
Suspended Rating

20

CC
Extremely Weak

21

R
Regulatory Action

22

pi
Based on public information only