Insurer financial strength rating is the current opinion on the financial security characteristics of an insurance organization with respect to its ability to pay under its insurance policies and contracts in accordance with their terms. The IFS rating is based on a comprehensive analysis of relevant factors that in large part determine an insurance organization’s financial strength, including analysis on the stability of the overall insurance industy and onsurance organization's operating performance, risk management ability and balance sheet strenght.

Insurer financial strength rating of NICE provides the users of insurance policies with reliable information to help make an objective comparison among insurance companies. Therefore, our IFS rating service contributes to the enhancement of insurance market efficiency.

IFS rating is not specific to any particular policy or contract, nor does it address the suitability of a particular policy or contract for a specific purpose or purchaser.