| Standard & Poor's |
A.M. Best |
Fitch |
Moody's |
| |
|
|
|
AAA
Extremely Strong |
A++
Secure / Superior |
AAA
Secure / Highest |
Aaa
Exceptional |
AA+
Very Strong |
A+
Secure / Superior |
AA+
Secure / Very High |
Aa1
Excellent |
AA
Very Strong |
A
Secure / Excellent |
AA
Secure / Very High |
Aa2
Excellent |
AA-
Very Strong |
A-
Secure / Excellent |
AA-
Secure / Very High |
Aa3
Excellent |
A+
Strong |
B++
Secure / Very Good |
A+
Secure / High |
A1
Good |
A
Strong |
B+
Secure / Good |
A
Secure / High |
A2
Good |
A-
Strong |
B
Vulnerable / Fair |
A-
Secure / High |
A3
Good |
BBB+
Good |
B-
Vulnerable / Fair |
BBB+
Secure / Adequate |
Baa1
Adequate |
BBB
Good |
C++
Vulnerable / Marginal |
BBB
Secure / Adequate |
Baa2
Adequate |
BBB-
Good |
C+
Vulnerable / Marginal |
BBB-
Secure / Adequate |
Baa3
Adequate |
BB+
Marginal |
C
Vulnerable / Weak |
BB+
Uncertain |
Ba1
Questionable |
BB
Marginal |
C-
Vulnerable / Weak |
BB
Uncertain |
Ba2
Questionable |
BB-
Marginal |
D
Vulnerable / Poor |
BB-
Uncertain |
Ba3
Questionable |
B+
Weak |
E
Vulnerable / Under State Supervision |
B+
Possessing Risk |
B1
Poor |
B
Weak |
F
Vulnerable / In Liquidation |
B
Possessing Risk |
B2
Poor |
B-
Weak |
S
Rating Suspended |
B-
Possessing Risk |
B3
Poor |
CCC+
Very Weak |
|
CCC
Substantial
Risk |
Caa
Very Poor |
CCC
Very Weak |
|
DD
Liquidating |
Ca
Extremely Poor |
CCC-
Very Weak |
|
SR
Suspended Rating |
C
Lowest |
CC
Extremely Weak |
|
|
|
R
Regulatory Action |
|
|
|
pi
Based on public information only |
|
|
|
|
