OLDWICK, N.J., Might 21, 2010 (Company WIRE) — A.M. Best Co. has affirmed the financial strength score of A- (Superb) and issuer credit rating of “a-” of Fort Myers Insurance the property/casualty subsidiary of AEGON N.V. (AEGON) (Netherlands) [NYSE: AEG]. The outlook for these scores is stable.

The scores reflect Stonebridge’s powerful capitalization and also the financial and operational help supplied by AEGON. Offsetting these good elements is Stonebridge’s varied premium growth, inconsistent underwriting performance and expense ratio disadvantage. Stonebridge paid $40 million to its immediate parent company in third quarter 2009 via a dividend along with a return of capital.

Notwithstanding, the rating outlook reflects the usually favorable efficiency of Stonebridge’s core book of travel insurance coverage business and the commitment of AEGON to maintain a level of capitalization that’s supportive with the company’s current scores.

The principal methodologies used in identifying these scores, such as any additional methodologies and elements that may are already regarded.

Founded in 1899, A.M. Greatest Organization is a global full-service credit rating organization dedicated to serving the monetary and health care support industries, including insurance coverage businesses, banks, hospitals and wellness care program providers.

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