Strength of Merchants Bonding Group Affirmed by AM Best

June 3, 2025

AM Best has affirmed Merchants Bonding Group’s Financial Strength Rating (FSR) at A and Issuer Credit Rating (ICR) at a+, both with stable outlooks. This reflects strong and stable financial strength and operating performance. 

“This affirmation reinforces our long-standing reputation as a leader in the surety industry,” said Elisabeth Sandersfeld, CFO of Merchants Bonding Company. “Merchants has maintained a rating of A or higher since 1958, and we’re proud that AM Best continues to recognize our financial strength, performance and stability. Our rating is an important factor when agents and principals choose us as their trusted surety partner.”

AM Best rating analysts meet annually with the leaders of insurance companies to review performance and forecasts and evaluate balance sheet strength, operating performance, business profile, and enterprise risk management compared to peers. AM Best ratings are an important indicator of a company's financial strength, and widely used by agents and principals to select their business partners.

View Merchants' AM Best Company Profile here.

Click HERE for a guide to the AM Best rating system.