AmTrust was ranked the 18th largest workers' compensation insurance carrier in the nation by the National Association of Insurance Commissioners (NAIC) for 2008, its the first time in the top 20.

Moving up five spots from last year's placement of 23rd, AmTrust has managed to maintain one of the best loss ratios in the group at 39.8% and increase its gross written premium to $1.1 billion in 2008, compared to $839.4 million in 2007.

"This movement, combined with our solid loss ratio, shows how diligently we've been working to provide responsible underwriting of all of our coverage plans," said Mike Saxon, president, AmTrust North America. "We're proud that in less than 10 short years we've entered the top 25, and that in just the last year we've been able to move up on the relative rankings. Thanks to our loyal agency base for your continued support."