A.M. Best Europe News

Best to Endorse Selected Ratings outside EU for Regulatory Use

A.M. Best Europe – Rating Services Limited (AMBERS) has confirmed that it has notified the European Securities and Markets Authority (ESMA) that, effective immediately, “AMBERS intends to endorse selected ratings issued by A.M. Best Company Inc. in the United States …

Ratings Recap: Third Point Re, Sava Re, NEWGT

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Bermuda-based Third Point Reinsurance Company Ltd. (TPRCL). The outlook for both ratings is stable. Best also assigned an ICR of …

A.M. Best Europe Obtains ECAI Status under New EU Regulations

A.M. Best Europe – Rating Services Limited (AMBERS) has confirmed that it has obtained External Credit Assessment Institution (ECAI) status under new European Union (EU) regulations, which came into force in January 2014. Best said the accreditation “follows the adoption …

Best Affirms Swiss Re, Europe Affiliates ‘A+’ Ratings; Outlook Stable

A.M. Best Europe – Rating Services Limited has affirmed  the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Swiss Reinsurance Company Ltd, European Reinsurance Company of Zurich Ltd, Swiss Re Europe S.A., based …

Best Affirms Munich Re and Subs ‘A+’ Ratings; Outlook Stable

A.M. Best Europe has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Munich Reinsurance Co. and its subsidiaries. Best also affirmed all of the debt ratings for Munich Re. The outlook …

Best Europe Affirms AVIVA and Subs Ratings

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of the insurance subsidiaries of UK-based AVIVA plc and the ICR of “a-” of AVIVA and …

Best Europe Affirms ’A+’ Ratings of Allianz SE and Subsidiaries

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Germany’s Allianz Societas Europaea and its subsidiaries, as well as all of Allianz SE’s debt …

Best Affirms Beazley’s Lloyd’s Syndicates Ratings ; Downgrades Holding Co. ICR

A.M. Best Europe – Rating Services Limited has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Lloyd’s Syndicate 2623, Lloyd’s Syndicate 623, Lloyd’s Syndicate 3623 and Lloyd’s Syndicate 3622. Best also …

Best Affirms Russian Re’s ‘B+’ Ratings; Outlook Stable

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Russian Reinsurance Company JSC (Russian Re), both with stable outlooks. The ratings of Russian Re “continue to …

Ratings Recap: Continental Re, Gulf Re

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Nigeria’s Continental Reinsurance Plc, both with stable outlooks. Best said the ratings of Continental Re “continue to …