Safety National Receives Standard & Poor’s Rating Upgrade to A+ Business Wire ST. LOUIS -- July 30, 2013 Safety National, the U.S. market leader in excess workers’ compensation and significant provider of treaty reinsurance and large casualty offerings, announced today that Standard & Poor’s upgraded the Company’s financial strength rating to A+. According to Standard & Poor’s, the upgrade is a result of Safety National’s and Delphi Financial Group’s strong business and very strong financial risk profiles, which are based on its very strong capitalization and strong competitive positions in its chosen niches, as well as the extraordinary support that the Company might receive from its parent, Tokio Marine Holdings, Inc. “We are very pleased with this news,” said Safety National’s CEO, Mark Wilhelm. “Not only does this upgrade recognize the unquestioned financial security and growth potential that Safety National now has with Tokio Marine’s backing, it also recognizes the thriving contributions that Safety National offers to the entire Tokio Marine Group of companies.” Safety National became a member of the Tokio Marine Group in May 2012 as a result of Tokio Marine’s acquisition of Delphi Financial Group, Safety National’s former parent company. Safety National is a versatile alternative market insurance provider that offers a broad range of risk funding products through insurance agents and brokers. Founded in 1942, Safety National is the leading provider of excess workers’ compensation coverage to self-insured employers and groups nationwide, and has provided that type of coverage longer than any other company in the United States. Safety National is a member of the Tokio Marine Group and is rated “A” (Excellent), Financial Size Category XI, by A.M. Best. To learn more, visit: www.safetynational.com. Contact: Safety National Christie Smith, 314-692-9548 Corporate Communications Manager firstname.lastname@example.org
Safety National Receives Standard & Poor’s Rating Upgrade to A+
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