under review News

A.M. Best Removes Atlantic Casualty from Under Review, Upgrades Ratings

A.M. Best has removed from under review with positive implications and upgraded the financial strength rating (FSR) to A (Excellent) from A- (Excellent) and the issuer credit rating (ICR) to “a” from “a-” of Atlantic Casualty Insurance Co. (Goldsboro, NC). …

Best Downgrades, Places on Review Ansvar Insurance (New Zealand) Ratings

A.M. Best Co. has downgraded the financial strength rating to ‘B++’ (Good) from ‘A-‘ (Excellent) and issuer credit rating to ‘bbb’ from ‘a-‘of Ansvar Insurance Limited (New Zealand), and has placed both ratings under review with negative implications. The rating …

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: Intrepid, John Deere, So. Carolina, Arkansas & Louisiana Farm Bureaus

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Michigan-based Intrepid Insurance Company, both with stable outlooks. The ratings reflect “Intrepid’s solid capitalization, favorable loss ratios, effective management of exposures, …