AM Best has affirmed the financial strength rating of ‘A’ (excellent) and the long-term issuer credit rating of “a” (excellent) of Vermont-domiciled Park Assurance Company. The outlook for the ratings is stable.
Park is a single parent captive owned by JPMorgan Chase Holdings, which is a subsidiary of JPMorgan Chase & Co. (JPMorgan Chase), a leading global financial services group.
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