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AM Best affirms strength, outlook ratings for American Enterprise Group


American Enterprise Group Inc., a Des Moines-based insurance group, announced that ratings agency AM Best recently affirmed the Financial Strength Ratings of A- (Excellent) and the positive outlooks of its six insurance company subsidiaries that operate under the American Republic, Medico and Great Western Insurance Co. brands. “In a year when financial strength and stability is critical to weathering economic challenges, we are honored to have AM Best continue to acknowledge our strong financial profile and positive outlook,” said Tom Swank, AEG’s CEO. According to AM Best, the rating affirmations of AEG’s insurance company subsidiaries reflect the group’s balance sheet strength, which AM Best categorizes as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. 

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