Nationwide financial strength rating downgraded to A by AM Best

December 07, 2023

AM Best has downgraded both the Financial Strength Rating (FSR) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of the members of Nationwide P&C Group.

The FSR was downgraded to A (Excellent) from A+ (Superior), while the Long-Term ICR was downgraded to “a+” (Excellent) from “aa-” (Superior).

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Hal Stucker

News Desk Editor