Financials

This is an image of The Andover Companies leadership team in front of their building.

ANNUAL report

TOGETHER, WE ARE SHAPING THE FUTURE

As The Andover Companies approaches its 200th anniversary, we appreciate all we have accomplished since our founding. We would not be where we are today without the support of our policyholders and agents or the hard work and dedication of our employees.

2022 Annual REPORT

For more details on our 2022 financials and our company’s achievements, please take a moment to flip through the annual report.
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A.M. Best Financial Strength Rating: “A”

Since 1940, The Andover Companies combined has rated “A” (Excellent) or higher for financial strength by A.M. Best, a rating organization focusing on the insurance industry. This is an independent view of an insurer’s financial strength and ability to meet its ongoing insurance policies and contract obligations.

FINANCIAL HIGHLIGHTS

ASSETS

$3,817,514,428

SURPLUS

$2,194,030,154

PREMIUMS

$791,570,170

Annual Statement