KBRA upgrades American Coastal Insurance Corporation to investment grade
- November 5, 2025
- Posted by: Taylor Mixides
- Category: Insurance
American Coastal Insurance Corporation, the parent company of American Coastal Insurance Company (AmCoastal), has announced that Kroll Bond Rating Agency (KBRA) has raised the Company’s Issuer and Debt ratings from BB+ to BBB-, achieving investment grade status.
Additionally, KBRA has reaffirmed the A- Insurance Financial Strength Rating for AmCoastal. The outlook for all ratings has been revised from Stable to Positive.
The ratings upgrade is driven by continued improvements in the Company’s financial structure, including reduced leverage and strong interest coverage ratios.
The Positive outlook reflects KBRA’s confidence in American Coastal’s ability to maintain solid earnings, strong capital levels, a high-quality investment portfolio, and a well-structured reinsurance program with dependable counter parties.
“We are proud to have regained investment grade status and positive outlooks. This will immediately reduce the Company’s annual interest expense by $1.5 million and supports our strategy to grow the business responsibly,” added President & CEO, Brad Martz.
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