ratings A.M. Best News

Best Affirms Ratings of Berkshire Hathaway’s GUARD Insurance

A.M. Best has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings of “aa-” of NorGUARD Insurance Company, AmGUARD Insurance Company, EastGUARD Insurance Company and WestGUARD Insurance Company, which operate under an intercompany pooling agreement. These companies …

Best Affirms Allstate Group and Subs ‘A+’ Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of the members of Allstate Insurance Group (Allstate). Best also affirmed the FSR of ‘A+’ (Superior) and ICRs of “aa-” …

Ratings: Hamilton Re, ACR Re, Bahamas First, China Taiping (NZ), Peak Re, Solid

A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-“ of Bermuda-based Hamilton Re, Ltd, formerly S.A.C. Re, Ltd., and has assigned a stable …

Best Affirms Cincinnati Financial and Subs Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of The Cincinnati Insurance Company, The Cincinnati Indemnity Company and The Cincinnati Casualty Company, collectively referred to as The Cincinnati …

Best Places Canopius US Insurance Under Review

A.M. Best Co. has placed under review with developing implications the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Delaware-based Canopius US Insurance, Inc. The action is also somewhat related to Best’s rating actions on …

Best Affirms Tokio Millennium Re ‘A++’ Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating of ‘A++’ (Superior) and issuer credit rating of “aa+” of Swiss-based Tokio Millennium Re AG (TMR), both with stable outlooks. Best explained that “TMR is a wholly owned subsidiary of Tokio …

Ratings Recap: Sunderland Marine, TransRe London, Instituto Nacional (Costa Rica)

A.M. Best Europe – Rating Services Limited has placed under review with developing implications the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of UK-based Sunderland Marine Mutual Insurance Company Limited (SMMI), following the announcement that …

Best Affirms CNA Financial and Subs’ Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the property/casualty subsidiaries of CNA Financial Corporation (CNAF), also known as CNA Insurance Companies (CNA). Best also affirmed the …

Best Affirms W. R. Berkley Corp. and Subs ‘A+’ Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of the Delaware-based Berkley Insurance Company (BIC) and 24 of its reinsured subsidiaries and affiliates, collectively referred to as W. …

Ratings Recap: Loudun Mutual, Hastings Mutual, Ellington Mutual, American Safety RRG

A.M. Best Co. has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit rating to “a” from “a-” of Virginia-based Loudoun Mutual Insurance Company, and has revised its outlook for both ratings to stable …