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Effective December 2016
Standard & Poor's attributes it’s A+ (Strong) rating for the company to the following factors:
Standard and Poor’s uses a letter grade scale that ranges from AAA, the highest rating to CCC, the lowest rating. Ratings from AA to B may be modified by a plus or minus sign to show relative standing within those grades. An insurer rated ‘BBB’ or higher is regarded as having financial security characteristics that outweigh any vulnerability, and is highly likely to have the ability to meet financial commitments.
Penn Mutual's A+ Strong rating was applied in December 2016 and ranks the fifth highest out of 21 ratings.