AM Best Revises Outlooks to Positive for Federated Underwriting Company

Core Viewpoint - AM Best has revised the outlook for Federated Underwriting Company from stable to positive and affirmed its Financial Strength Rating of A- (Excellent) and Long-Term Issuer Credit Rating of "a-" (Excellent) [1] Group 1: Ratings and Outlook - The outlook for Federated Underwriting Company has been changed to positive from stable [1] - The Financial Strength Rating of A- (Excellent) has been affirmed by AM Best [1] - The Long-Term Issuer Credit Rating of "a-" (Excellent) has also been affirmed [1] Group 2: Company Assessment - Federated's balance sheet strength is assessed as very strong by AM Best [1] - The company has adequate operating performance and a limited business profile [1] - Appropriate enterprise risk management practices are in place at Federated [1]