A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Kentucky Employers’ Mutual Insurance Authority (KEMI) (Lexington, KY).
The Credit Ratings (ratings) reflect KEMI’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its adequate operating performance, limited business profile, and appropriate enterprise risk management.
KEMI President & CEO Jon Stewart remarked about the rating, “This is KEMI’s 23rd consecutive year for receiving an A.M. Best rating of Excellent, and it demonstrates our commitment to sound business practices and financial accountability so we may continue serving policyholders and their employees as we work together to protect and care for Kentucky’s workforce.”
Media Contact:
Ryan Worthen
KEMI Communications
rworthen@kemi.com
859-425-7800
Posted November 22, 2023