Demotech Affirms the Financial Stability Rating® Assigned to American Pet Insurance Company

Columbus, Ohio, April 27, 2022: The Financial Stability Rating® (FSR) of A’ (A Prime), Unsurpassed, assigned to American Pet Insurance Company has been affirmed by Demotech, Inc. This level of FSR is assigned to insurers who possess unsurpassed financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing.

FSRs summarize Demotech’s opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle. FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC). Since 1989, FSRs of A or better have been accepted by the major participants in the secondary mortgage marketplace.

About American Pet Insurance Company

American Pet Insurance Company (APIC) is an admitted New York domiciled property and casualty insurance company with licenses across the United States. APIC is a highly specialized insurer and offer only one type of insurance – pet health insurance (PHI). The Company’s goal is to provide their unique and highly specialized underwriting capabilities to a diverse group of pet insurance providers utilizing different distribution channels so that they can help increase availability of pet insurance products to pet owners across America.

APIC is the only national Property and Casualty Insurance Company solely focused on marketing and underwriting PHI in the United States. APIC is wholly owned by Trupanion, Inc.. Visit for more information.

About Demotech, Inc.

Demotech, Inc. is a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers.  Since 1985, Demotech has served the insurance industry by assigning accurate, reliable, and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurers and Title underwriters.  FSRs are a leading indicator of financial stability, providing an objective baseline of the future solvency of an insurer.  Demotech’s philosophy is to review and evaluate insurers based on their area of focus and execution of their business model rather than solely on financial size.  Demotech was the first to review and rate independent regional and specialty insurers. Demotech’s consistently increasing list of accreditations and acceptances has resulted in rating and reviewing more than 400 insurers operating in the US.  Visit for additional information.

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