Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
Zurich’s Ratings Remain Unchanged Despite Projected Q4 2015 Losses: A.M. Best
Jan 25 2016 // The financial strength rating of A+ (Superior) and the issuer credit rating of “aa-” of Zurich Insurance Co. Ltd. (ZIC) and its rated affiliates are unchanged, following Zurich Insurance Group’s...
Outlook for U.S. Commercial P/C Insurance Still Negative
Jan 25 2016 // Rating agency A.M. Best said it is maintaining its negative outlook on the commercial lines segment of the U.S. property/casualty industry, despite relatively solid aggregate results over the past several years. The...
A.M. Best Appoints Ribeiro and Sutherland to Its Asia-Pacific Operations
Jan 21 2016 // A.M. Best announced the appointment of Jose Ribeiro as managing director – Asia-Pacific, and James Sutherland as commercial director – Asia-Pacific. As managing director, Asia-Pacific, Ribeiro will be responsible for...
A.M. Best Restructuring Separates Ratings Services from Publications
Jan 13 2016 // Citing increased regulation of credit rating services and heightened competition in information services, A.M. Best has restructured its operations to separate its rating and research services from its publications and...
Outlook for U.S. Commercial P/C Insurance Still Negative: A.M. Best
Jan 8 2016 // Rating agency A.M. Best said it is maintaining its negative outlook on the commercial lines segment of the U.S. property/casualty (P/C) industry, despite relatively solid aggregate results over the past several years. The...
Flood Claims to Hit U.K. Insurers’ 2015 Earnings: A.M. Best
Jan 5 2016 // Flooding in the final month of 2015 will put pressure on the earnings of U.K. property insurers, according to a briefing published by A.M. Best. Initial estimates of combined insured losses from Storm Desmond, which hit...
World’s Top 10 Insurers Ranked by Premium, Assets
Jan 4 2016 // The world’s largest insurer as measured by 2014 net premiums written is UnitedHealth Group Inc., according to a ranking by A.M. Best of the world’s largest insurance companies. France’s AXA S.A. kept its...
Ratings of Pennsylvania-Based ARI Mutual Downgraded
Dec 22 2015 // A.M. Best has downgraded the financial strength rating to B (Fair) from B+ (Good) and the issuer credit rating to “bb” from “bbb-” of ARI Mutual Insurance Company based in Newtown, Pennsylvania....
Ratings of Cincinnati Specialty Underwriters Insurance Co. Upgraded
Dec 22 2015 // A.M. Besthasupgraded the financial strength rating (FSR) to A+ (Superior) from A (Excellent) and the issuer credit rating (ICR) to “aa-” from “a” of The Cincinnati Specialty Underwriters Insurance...
Ratings of Texas-Based National Unity Insurance Downgraded
Dec 17 2015 // A.M. Best has downgraded the financial strength rating to B+ (Good) from B++ (Good) and the issuer credit rating to “bbb-” from “bbb” of San Antonio-based National Unity Insurance Co. (National...
A.M. Best Downgrades Specialty Auto Writer Nevada General
Dec 16 2015 // A.M. Best has downgraded the issuer credit rating to “bbb” from “bbb+” and affirmed the financial strength rating of B++ (Good) of Nevada General Insurance Co. The outlook for the ICR has been...
A.M. Best Affirms, Withdraws Ratings of Houston’s Delta Lloyds Insurance
Dec 11 2015 // Ratings agency A.M. Best has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Delta Lloyds Insurance Company of Houston Texas (Delta Lloyds). The outlook for both...
Financial Strength Rating Remain Unchanged for Liberty Mutual: A.M. Best
Dec 10 2015 // The financial strength rating of A (Excellent) and the issuer credit ratings (ICR) of “a” for members of Liberty Mutual Insurance Companies (Liberty Mutual), as well as Liberty Mutual Insurance Europe Limited...
Sompo Japan Canopius Re Gets ‘A’ Rating; to Begin Writing Business on Jan. 1
Nov 30 2015 // A.M. Best has assigned a financial strength rating of A (Excellent) and an issuer credit rating of “a+” to Sompo Japan Canopius Reinsurance AG, a wholly owned subsidiary of Canopius Group AG. The outlook...
A.M. Best: Outlook Stable for Missouri Valley Mutual Insurance
Nov 25 2015 // A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Missouri Valley Mutual Insurance Co. (Missouri Valley)...
A.M. Best: Outlook Improved for 2 Kansas Mutual Insurers
Nov 24 2015 // A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb” of Bremen Farmers Mutual Insurance Co. (Bremen) in...
A.M. Best Revises Outlook to Positive for Aspen and Its Subsidiaries
Nov 19 2015 // A.M. Besthas revised the outlook for the issuer credit ratings (ICR) to positive from stable and affirmed the financial strength rating (FSR) of “A” (Excellent) and the ICRs of “a” of Aspen...
A.M. Best Downgrades Georgia-Based Century Casualty Co.
Nov 17 2015 // A.M. Best has downgraded the financial strength rating (FSR) to B (Fair) from B+ (Good) and the issuer credit rating (ICR) to “bb+” from “bbb-” of Century Casualty Co. based in Alpharetta, Ga. The...
Top 25 Workers’ Compensation Insurers: A.M. Best
Nov 16 2015 // The U.S. workers’ compensation market saw solid gains in 2014, thanks in part to premium increases and favorable claims frequency. This was the fourth consecutive year in which the industry reported improved results,...
A.M. Best Upgrades Issuer Credit Rating of Auto Club Insurance Company of Florida
Nov 5 2015 // A.M. Best has upgraded the issuer credit rating (ICR) to “bbb+” from “bbb” of Auto Club Insurance Company of Florida (ACICF) in Tampa. Concurrently, A.M. Best has affirmed ACICF’s financial...
