Toronto-based Kingsway Financial Services Inc. announced that Standard & Poors has reaffirmed the financial strength ratings of Kingsway Financial Services Inc. and its U.S. holding company, Kingsway America Inc.
S&P commented that “the stable outlook is a reflection of Kingsway’s
leading position in the trucking, non-standard auto, and motorcycle insurance markets, the company’s good operating performance and the slowly improving industry trend..”
S&P further commented that “the Kingsway underwriting discipline, focus on niche markets, strong distribution channels, and strong relationships with agents and brokers will help the company to continue to solidify and sustain its market position as a leading underwriter of non-standard auto and motorcycle products.”
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