ProCentury Corporation Subsidiary Affirmed at A- (Excellent) by A.M. Best COLUMBUS, Ohio, May 26 /PRNewswire-FirstCall/ -- PROCENTURY CORPORATION today announced that A.M. Best has affirmed the A- (Excellent) rating of its wholly owned subsidiary, Century Surety Company. This rating is based on A.M. Best's independent opinion of the Century Surety's financial strength, operating performance, and ability to meet its obligations to policyholders. Commenting on the rating, Charles Hamm, the Company's Chief Financial Officer said, "We believe this reaffirmation by A.M. Best underscores the financial strength of our insurance subsidiary. As ProCentury begins its life as a public company, we believe we are well positioned to fortify our presence in the surplus lines market." About ProCentury Corporation ProCentury Corporation (NASDAQ:PROS) is a specialty property and casualty insurance holding company. Its subsidiary, Century Surety Company, underwrites general liability, commercial property, garage liability and multi-peril insurance for small and mid-sized businesses. Century Surety primarily writes excess and surplus lines insurance and markets its products through a select network of general agents and brokers. NOTE ON FORWARD-LOOKING STATEMENTS Some of the statements in this press release that are not historical statements are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are derived from information that we currently have and assumptions that we make and may be identified by words such as "believes," "anticipates," "expects," "plans," "should," "estimates" and similar expressions. Our forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those stated or implied in our forward-looking statements, including but are not limited to: 1) risks inherent in establishing loss and loss adjustment expense reserves; 2) uncertainties related to the ratings of our insurance subsidiary; 3) uncertainties related to government and regulatory policies; 4) uncertainties relating to the cyclical nature of our business; 5) changes in our relationships with, and the capacity of, our general agents; and 6) the risk that our reinsurers may not be able to fulfill their obligations to us. You are cautioned not to place undue reliance on forward-looking statements, which are made only as of the date of this press release. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. For additional disclosure regarding potential risks, refer to documents we file with the Securities and Exchange Commission. DATASOURCE: ProCentury Corporation CONTACT: Mary Magnani, Corporation Communications Manager of ProCentury Corporation, +1-614-839-7528, or Web site: http://www.procentury.com/

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