A.M. Best ratings News

Best Takes Rating Actions on AXA Financial, Certain Subsidiaries

A.M. Best has revised the outlook of the issuer credit ratings (ICR) to stable from negative and affirmed the ICR of “a-” and debt ratings of New York-based AXA Financial, Inc., and has revised its outlook on the ratings to …

Best Affirms Allianz Global Risks US Insurance Co. & Subs Ratings

A.M. Best has affirmed the financial strength rating of ‘A+’ (Superior) and the issuer credit ratings of “aa-” of Allianz Global Risk US Insurance Company, Allianz Underwriters Insurance Company and AGCS Marine Insurance Company (collectively referred to AGCS NA). The …

Best Assigns Ratings to Starr Property & Casualty Insurance (China)

A.M. Best has assigned the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Starr Property & Casualty Insurance (China) Company, Limited (Starr China), formerly known as Dazhong Insurance Company Limited. The name change is pending …

Ratings Recap: Lancashire, Qatar Insurance, Tunis Re

A.M. Best has commented that the financial strength rating of ‘A’ (Excellent) and the issuer credit ratings of “a” of Qatar Insurance Company S.A.Q. (QIC) and its main subsidiaries remain unchanged following QIC’s acquisition of Antares Holdings Limited. Best added …

Ratings Recap: Berkshire Hathaway Homestate, Rural Community, Imperial Fire

A.M. Best has affirmed the financial strength rating of ‘A++’ (Superior) and the issuer credit ratings of “aa+” of Omaha-based Berkshire Hathaway Homestate Insurance Company, and its five property and casualty affiliates: Cypress Insurance Company (San Francisco, CA), Oak River …

Ratings Recap: Insurance Barbados, Grupo Nacional, Delvag

A.M. Best has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Insurance Corporation of Barbados Limited (ICBL), both with stable outlooks. Best said the “ratings reflect ICBL’s solid capitalization, leading market presence …

Ratings Recap: AEGIS, Lloyd’s Syndicate 1225, PaCRe

A.M. Best has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit rating to “a” from “a-” of Bermuda-based Associated Electric & Gas Insurance Services Limited (AEGIS), and has revised its outlook on both …

Best Affirms Gen Re and Subs Ratings; Outlook Stable

A.M. Best has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of General Reinsurance Corporation, headquartered in Stamford, Connecticut, and its core property/casualty and life reinsurance /insurance subsidiaries operating in the United …

Best Affirms Wind River Re/Global Indemnity and Subs Ratings

A.M. Best has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of Bermuda-based Wind River Reinsurance Company, Ltd. and its U.S. subsidiaries, as well as the ICR of “bbb” of Wind …

Ratings Recap: Farmers Auto/Pekin, John Deere, Southern Pioneer P&C

A.M. Best has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of The Farmers Automobile Insurance Association and its wholly owned subsidiary, Pekin Insurance Company (together known as Pekin). Best also …