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Press release content from Business Wire. The AP news staff was not involved in its creation. AM Best Affirms Credit Ratings of Park Assurance Company January 14, 2021 GMT OLDWICK, N.J. (BUSINESS WIRE) Jan 14, 2021 AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Park Assurance Company (Park) (Colchester, VT). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Park’s balance sheet strength, which AM Best categorizes as strongest, as well as its strong operating performance, limited business profile and appropriate enterprise risk management. Park’s strongest risk-adjusted capital position reflects its conservative loss reserving practices and favorable development trends, along with its conservative investment portfolio and strong liquidity measures. Park is well-capitalized through retained earnings, as the captive has reported consistently favorable pure loss ratios in combi

New yorkUnited statesUnited arab emiratesHong kongMexico cityDistrito federalUnited kingdomCity ofNoord hollandJim peavyFred eslamiSusan molineuxChristopher sharkeyJpmorgan chase holdingsAm best rating services incJpmorgan chase co