A.M. Best Europe News

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 …

Ratings Roundup: Delvag, Ocaso

A.M. Best Europe – Rating Services Limited has upgraded the financial strength rating to ‘A’(Excellent) from ‘A-’ (Excellent) and the issuer credit ratings to “a” from “a-” of Germany’s Delvag Luftfahrtversicherungs-AG and its subsidiary, Delvag Rueckversicherungs-AG, both with stable outlooks. …

Best Sees No Change in MAPFRE RE’s Ratings despite Spain’s Economic Woes

A.M. Best Europe – Rating Services Limited has commented that the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of MAPFRE RE, Compania de Reaseguros, S.A. are unchanged following the recent market volatility surrounding …

Best Upgrades SCOR & Subs Credit Ratings; Affirms Financial Ratings

A.M. Best Europe – Ratings Services Limited has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of French reinsurer SCOR SE and its main subsidiaries. Best  also upgraded …

Best Affirms Markel International’s Ratings; Syndicate 3000; Outlook Stable

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings of ‘a+’ of UK-based Markel International Insurance Company Limited (MIICL) and Lloyd’s Syndicate 3000. The outlook for all of the …

Best Affirms Ratings of Lloyd’s Syndicate 958 (Omega); Outlook Stable

A.M. Best Europe – Rating Services Ltd. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of ‘a+’ of Lloyd’s Syndicate 958, which is managed by Omega Underwriting Agents Limited. The outlook for both …

Ratings Recap: Lemma, Adamjee, CCR (Algeria), Bosna Re

A.M. Best Europe – Rating Services Limited has removed from under review with negative implications and affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Ukraine’s Lemma Insurance Company. The outlook assigned to both …