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Three Hills Insurance is part of a larger group with which its financial fortunes are intertwined. Three Hills is given a secure rating of B+.
Three Hills Insurance is part of a larger group with which its financial fortunes are intertwined. Three Hills is given a secure rating of B+. Greatview Insurance, the lead rating unit in the group, is considered very strong and given a rating of A+. Which one of the following statements is correct regarding how A.M. Best will recognize the relationship between Three Hills and Greatview? Available answer options Select only one option A A.M. Best will assign Three Hills the same A+ rating that was given to Greatview. B A.M. Best will likely apply a boost or lift to Three Hills' final rating to reflect its relationship with Greatview. C A.M. Best will likely apply a penalty or drag to Greatview's final rating to reflect its relationship with Three Hills. D A.M. Best will treat each rating unit independently and will not consider the financial influences of the group
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