Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
A.M. Best Rates CAP-MPT ‘Excellent’ for 4th Straight Year
Jul 18 2002 // The A.M. Best Company has again assigned a rating of “A” (Excellent) to the Cooperative of American Physicians, Inc.-Mutual Protection Trust (CAP-MPT), a provider of medical professional liability protection...
A.M. Best Affirms Rating for Mapfre Reinsurance Corp.
Jul 17 2002 // A.M. Best Co. has affirmed the A (Excellent) financial strength rating of U.S.- based Mapfre Reinsurance Corporation (MRC), Florham Park, N.J. The outlook is stable. The affirmation reflects A.M. Best’s continued...
A.M. Best Affirms Rating of Subsidiaries of Alea Group
Jul 15 2002 // A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) of the insurance operating subsidiaries of the Alea group. The affirmation is based upon the excellent level of consolidated risk-based capital and...
A.M. Best Publishes Country Risk Methodology
Jul 15 2002 // New Jersey-based A.M. Best Co. has published its new Country Risk Methodology. A.M. Best uses country risk analysis to determine how the factors outside an insurer’s control affect its ability to meet its obligations...
S&P, A.M. Best, Stock Markets React to Munich Re Announcement
Jul 12 2002 // The reaction to Munich Re’s announcement that it would strengthen reserves at American Re and for the WTC attacks by a total of $2.5 billion (See IJ Website July 11) had a decidedly unsettling effect. Standard &...
A.M. Best Raises American Contractors
Jul 8 2002 // A.M. Best raised Dallas-based American Contractors Insurance Group’s (ACIG) financial strength rating from “A-” to “A.” The rating was based on the financial condition and performance of all...
A.M. Best Affirms Kemper Insurance Companies Rating
Jul 2 2002 // A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) of the Kemper Insurance Companies, Long Grove, Ill., with a stable outlook. The group’s rating has been removed from under review with...
La. Retailers Mutual Rated “B++” by A.M. Best
Jun 27 2002 // Louisiana Retailers Mutual Insurance Company has earned a “B++” rating from A.M. Best Company. The rating reflects the company’s solid capitalization, historically sound operating performance,...
S&P, A.M. Best Give “A” Ratings to Wellington Re
Jun 26 2002 // Standard & Poor’s assigned its single-‘A’ counterparty credit and insurer financial strength ratings to U.K.-based Wellington Reinsurance Ltd; while A.M. Best rated the London based reinsurer A...
PMA Capital Corp. Rating under Review by A.M. Best
Jun 26 2002 // A.M. Best Co. has placed the “A” (Excellent) financial strength rating of PMA Capital Insurance Company and the “A-” (Excellent) rating of PMA Insurance Group under Review with Negative...
Debt Ratings Assigned for American Financial Group
Jun 25 2002 // A.M. Best Co. assigned initial debt ratings to the existing debt of Cincinnati-Ohio-based American Financial Group Inc. Included is the assignment of a “bbb” to American Financial Group Inc.’s senior...
A.M. Best Affirms FM Global
Jun 24 2002 // A.M. Best affirmed insurer FM Global’s rating of “A+,” but placed a negative outlook on the rating. Factors affecting the rating action included the group’s solid capitalization, prominent market...
The St. Paul FSR Lowered
Jun 24 2002 // A.M. Best Co. has downgraded the financial strength rating to “A” (Excellent) from “A+” (Superior) of The St. Paul Companies Inc.’s, St. Paul, Minn., p/c subsidiaries and its senior debt...
A.M. Best Affirms FM Global
Jun 24 2002 // A.M. Best affirmed insurer FM Global’s rating of “A+,” but placed a negative outlook on the rating. Factors affecting the rating action included the group’s solid capitalization, prominent market...
Debt Ratings Assigned for American Financial Group
Jun 21 2002 // A.M. Best Co. assigned initial debt ratings to the existing debt of Cincinnati-Ohio-based American Financial Group Inc. Included is the assignment of a “bbb” to American Financial Group Inc.’s senior...
A.M. Best Affirms ‘A-‘ Rating of KEMI
Jun 21 2002 // A.M. Best has affirmed a rating of “A-” for Kentucky Employers’ Mutual Insurance (KEMI), a Lexington-based provider of workers’ compensation insurance throughout the state. A.M. Best attributed the...
A.M. Best Continues Review Status on Tryg-Baltica
Jun 20 2002 // A.M. Best Co. announced that it will maintain the “under review status” with developing implications of its A- (Excellent) financial strength rating on Tryg-Baltica Insurance, International Insurance Company...
A.M. Best Reports P/C Insolvencies Trends Continued in 2001
Jun 20 2002 // Thirty property/casualty insurers were declared insolvent in 2001, according to the special report, “P/C Industry—2001 Insolvencies,” just issued by A.M. Best Co. The same number of companies became...
A.M. Best Raises Ratings, Assigns New Group Rating for AFG’s Specialty Auto Companies
Jun 19 2002 // A.M. Best Co. has raised the financial strength ratings to A (Excellent) from A- (Excellent) for some of the core auto subsidiaries of Ohio-based American Financial Group, Inc. Additionally, A.M. Best assigned a financial...
A.M. Best Affirms ‘A’ (Excellent) Rating of Macau Insurance Co. Ltd.
Jun 18 2002 // A.M. Best Co. announced that it has affirmed the A (Excellent) financial strength rating of Macau Insurance Company Limited, a general insurer headquartered in the former Portugese enclave of Macau, which is now part of...
