A.M. Best Assigns Ratings to Indemnity Insurance of DC Group and Its Members

OLDWICK, N.J.--(Business Wire)--
A.M. Best Co. has assigned a financial strength rating of A-
(Excellent) and issuer credit ratings of "a-" to Indemnity Insurance
of DC Group (IIDC) and its members. The outlook for all ratings is
stable.

These ratings also apply to Indemnity Insurance Corporation of DC,
Risk Retention Group and Indemnity Reinsurance Corporation of DC, Inc.
(all of Washington, DC), which are under common ownership and control.
The ratings reflect the group's excellent capitalization levels,
experienced management team, superior claims and loss control
management, strict underwriting guidelines and a good geographic
spread of risks. Partially offsetting these positive rating factors is
the execution risk associated with the implementation of IIDC's
business plan.

IIDC benefits from a strong niche market focus derived from its 12
years of experience gained with the entertainment industry from a
commonly owned managing general agent, which has placed this business
in the insurance marketplace for insureds in the entertainment
industry. Management over a number of years has built strong working
relationships throughout the industry. The insurance program provides
general liability, liquor liability and excess coverage to segments of
the entertainment industry.

IIDC has met A.M. Best's stringent requirements for new company
formations, and the ratings are a reflection of its ability to meet
A.M. Best's onerous capitalization requirements, which mandate a more
conservative level of risk-based capital to support its ratings.

A.M. Best remains the leading rating agency of captive insurers
rating a wide variety of more than 200 captives in the United States
and throughout the world.

For current Best's Ratings and independent data on the captive and
alternative insurance market, please visit www.ambest.com/captive.

Founded in 1899, A.M. Best Company is a global full-service credit
rating organization dedicated to serving the financial and health care
service industries, including insurance companies, banks, hospitals
and health care system providers. For more information, visit
www.ambest.com.

A.M. Best Co.
Analysts
Gale Guerra, 908-439-2200, ext. 5069
gale.guerra@ambest.com
or
Steven Chirico, 908-439-2200, ext. 5087
steven.chirico@ambest.com
or
Public Relations
Jim Peavy, 908-439-2200, ext. 5644
james.peavy@ambest.com
or
Rachelle Morrow, 908-439-2200, ext. 5378
rachelle.morrow@ambest.com

Copyright Business Wire 2008