A.M. Best Assigns Credit Ratings to Ameriprise Captive Insurance Company

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has assigned a Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” to Ameriprise Captive Insurance Company (ACIC) (Burlington, Vermont). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect ACIC’s balance sheet strength, which A.M. Best categorizes as strongest, its strong operating performance, limited business profile and appropriate enterprise risk management (