What Is a Comdex Ranking?

Comdex Rankings Explained

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A Comdex ranking is a composite score averaging the ratings of the major insurance rating organizations, including AM BestFitch, Moody’s, and S&P. In reality, the Comdex is not a rating, but rather a ranking based on the average of all the ratings these different organizations give an insurance company.

Comdex rankings are one way that consumers can evaluate the financial strength of an insurance company. Learn more about Comdex rankings and understand how they can inform insurance customers.

What Is a Comdex Ranking?

Comdex rankings are important to insurance customers and companies because they measure an insurance company's financial strength. By averaging the ratings of financial strength rating agencies, a composite score on a number scale of 1 to 100 is produced. This is the Comdex ranking, and the higher the number, the better the ranking. 

The number is a percentile ranking of all the major insurance rating organizations combined. An insurance company must have ratings from at least two insurance rating organizations to have a Comdex ranking.

  • Alternate name: Comdex rating

How Do Comdex Rankings Work?

By looking at the number from 1 to 100, a consumer can easily understand the financial strength of an insurer. If an insurance company’s Comdex ranking is 80, this means it scores higher than 80% of all other insurance companies with multiple ratings.

Here's an example of how Comdex rankings work. If an insurance company earned a rating in the 90th percentile from AM Best, the 95th percentile from Moody's, and the 85th percentile from S&P, the composite Comdex ranking would be found by adding the three scores and dividing by three. In that case, the insurance company's Comdex ranking would be 90.

Comdex rankings are compiled by a firm called EbixLife, which uses VitalSigns software to calculate its rankings. The rankings are updated every few weeks and even more often for some large insurers. It is an easy way to get a quick glance at a company’s financial performance. You can think of it as a snapshot in time of financial strength. Using this information, you can find out which companies are ranked above and below your own insurance company.

The Importance of Financial Strength Ratings

Would you want a banker who can’t manage their own finances? Probably not. Prudent insurance customers are looking for an insurance company they can rely on for security and peace of mind.

Financial strength ratings, such as the Comdex ranking, are like your insurance company’s report card. They help you measure a company’s overall financial performance, including factors such as creditworthiness, asset management, return on investment, profitability, and future financial growth forecasts. An insurance company with a consistently solid financial strength history is one you can trust to be there when life throws the unexpected at you.


Comdex rankings are not generally available to the public, so you may have to pay to access them. However, you may be able to find a listing of Comdex rankings online or through an insurance agent or financial advisor.

Why Comdex Rankings Are Useful

While it is a good idea to check out your insurance company’s financial strength ratings, the process can be confusing because many rating organizations use different measures to judge financial strength.

An A rating may mean one thing for one organization and something different for another. If you are going to judge a company based on a rating given by an insurance rating organization, it's important to understand what the different ratings mean. With the Comdex ranking as a composite score, it takes all the different rankings into account to provide one number. This may be easier to understand for many insurance customers.


Financial strength isn't the only area you should consider while judging an insurance company, but it is an important one.

If you are looking for the complete picture of a company’s financial strength, you might want to check out the individual ratings of each insurance rating organization in addition to Comdex rankings. The Comdex ranking is just one of many tools to help you in the process of finding the best insurance policy for you.

Key Takeaways

  • A Comdex ranking is a composite score averaging the ratings of the major insurance rating organizations.
  • The range for Comdex rankings is from 1 to 100, and higher scores are better.
  • Financial strength ratings, such as the Comdex ranking, are like your insurance company’s report card. They help you measure a company’s overall financial performance and more.
  • The Comdex ranking is one of many important factors that insurance shoppers should consider when choosing an insurance company.

Article Sources

  1. Insurance Information Institute. "How to Assess the Financial Strength of an Insurance Company." Accessed Dec. 10, 2020.