Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
A.M. Best Affirms Chubb’s Financial Strength and Debt Ratings
Dec 9 2003 // A.M. Best Co. has affirmed the financial strength ratings of A++ (Superior) of the property/casualty subsidiaries of The Chubb Corporation (Chubb). Concurrently, A.M. Best has affirmed the existing senior debt ratings of...
A.M. Best Reacts to OneBeacon’s Purchase of Atlantic Mutual’s Commercial Lines Renewals
Dec 8 2003 // A.M. Best Co. has commented that the financial strength and debt ratings of the subsidiaries of White Mountains Insurance Group(Hamilton, Bermuda) and Atlantic Mutual Companies (New York, N.Y.), remain unaffected following...
A.M. Best Comments on FSR Sierra Health Services’ Health Care Entities
Dec 2 2003 // A.M. Best Co. has commented on the financial strength rating of B+ (Very Good) of Sierra Health Services Inc.’s HMO and health insurance entities. A.M. Best’s comments follow Sierra’s announcement of the...
A.M. Best Affirms Rating of QBE Re Group – U.S.
Nov 28 2003 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of QBE Re Group – U.S. (QBE) (New York, N.Y.). This rating applies to QBE Reinsurance Corporation (Philadelphia) and its subsidiaries, QBE...
A.M. Best Downgrades Rating of Royal SunAlliance USA
Nov 26 2003 // A.M. Best Co. has downgraded the financial strength ratings of the Royal & SunAlliance USA Insurance Pool (Royal USA) (Charlotte, N.C.) and the Royal Surplus Lines Insurance Company (Charlotte) to B (Fair) from B+...
A.M. Best Affirms National Indemnity Group
Nov 25 2003 // A.M. Best Co. has affirmed the financial strength rating of “A++” (superior) of National Indemnity Group, a subsidiary of Omaha, Neb.-based Berkshire Hathaway Inc. The rating applies to National Indemnity...
A.M. Best Affirms Rating for Energy Insurance Mutual Ltd.
Nov 17 2003 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of Energy Insurance Mutual Limited (EIM) (Bridgetown, Barbados). The rating outlook is stable. The rating reflects EIM’s excellent...
A.M. Best Affirms Financial Strength and Debt Ratings of Odyssey Re
Nov 10 2003 // A.M. Best Co. has affirmed the financial strength ratings of A (Excellent) of Odyssey Reinsurance Group (Wilmington, Del.). In addition, A.M. Best has assigned the financial strength rating of A (Excellent) to Hudson...
A.M. Best Downgrades Rtgs. of PMA Group, PMA Capital Co; Downgrades Debt Rating of PMA Capital Corp.
Nov 5 2003 // A.M. Best Co. has downgraded the financial strength ratings of PMA Insurance Group (Blue Bell, Pa.) and PMA Capital Insurance Company (Philadelphia) to B++ (Very Good) from A- (Excellent). Concurrently, A.M. Best has...
Best Downgrades Hannover Re, HDI
Oct 31 2003 // A.M. Best Co. announced that it has downgraded the financial strength rating of Hannover Rueckversicherung AG (Hannover Re) and its core subsidiaries to A (excellent) from A+ (superior). It also downgraded the financial...
A.M. Best Assigns ‘A-‘ FSR to Aspen Specialty Co.
Oct 29 2003 // A.M. Best Co. has assigned an initial financial strength rating of A- (Excellent) to Aspen Specialty Insurance Company, the recently formed U.S. insurer that is part of the Aspen Group, which includes the ultimate parent...
A.M. Best Affirms Rating of Goshawk Reinsurance Ltd.; Assigns Negative Outlook
Oct 22 2003 // A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) of Goshawk Reinsurance Limited (Goshawk Re), Bermuda, and removed the rating from under review. This follows detailed discussions with the Goshawk...
A.M. Best Affirms American Re-Insurance Co.’s FSR of ‘A+’ with a Stable Outlook
Oct 21 2003 // A.M. Best Company has affirmed the A+ (Superior) rating of American Re-Insurance Company and its affiliates, American Alternative Insurance Corporation (AAIC) and Princeton Excess & Surplus Lines Insurance Company....
A.M. Best Affirms Mutuelle Centrale de Reassurance ‘A-‘ Rating
Oct 14 2003 // A.M. Best Co. announced that it has affirmed the financial strength rating of A- (Excellent) of France’s Mutuelle Centrale de Reassurance (MCR), but has maintained its “negative” outlook. “The...
A.M. Best Assigns ‘B+’ Rating to Tasman Pacific
Oct 14 2003 // A.M. Best Co. announced that it has assigned an initial financial strength rating of B+ (Very Good) to New Zealand-based Tasman Pacific Insurance Limited, and called the outlook “stable.” “The rating...
A.M. Best Affirms St. Paul International ‘A’ Rating
Oct 13 2003 // A.M. Best Co. announced that it has affirmed the financial strength rating of A (Excellent) of the U.K.-based St. Paul International Insurance Company Limited, with a stable outlook. “The rating reflects the...
A.M. Best Affirms Groupama’s ‘A+’ Rating
Oct 10 2003 // A.M. Best Co. announced that it has affirmed the financial strength rating of A+ (Superior) of French mutual insurer Groupama and its subsidiaries, but has revised its outlook to “negative” from...
A.M. Best Assigns Country Risk Ranking of Tier III to Jamaica
Oct 8 2003 // A.M. Best Co. has initiated country risk coverage for Jamaica and assigned it a country risk ranking of Tier III. The result of A.M. Best’s country risk evaluation allows each country to be classified into one of...
A.M. Best Downgrades Ratings of Atlantic Mutual Companies
Oct 7 2003 // A.M. Best Co. has downgraded the financial strength rating of The Atlantic Mutual Companies (The Atlantic) (New York) to B++ (Very Good) from A- (Excellent). Concurrently, A.M. Best has downgraded the debt rating of...
A.M. Best Downgrades Royal & SunAlliance USA
Sep 29 2003 // A.M. Best Co. has downgraded the financial strength ratings to B+ (Very Good) from A- (Excellent) of the Royal & SunAlliance USA Insurance Pool (North Carolina) and the Royal Surplus Lines Insurance Company...
