Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
Ratings Recap: GIC Re, Seguros Inbursa, National Grid
Feb 22 2013 // A.M. Best Asia-Pacific Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of General Insurance Corporation of India (GIC Re), both with stable...
Ratings Assigned to Bearing Midwest Casualty, Horizon Midwest Casualty
Feb 18 2013 // A.M. Best Co. has assigned a financial strength rating (FSR) of A- (Excellent) and issuer credit rating of “a-” to Bearing Midwest Casualty Co. (Bearing) and Horizon Midwest Casualty Co. (Horizon). The outlook...
A.M. Best Affirms Ratings of Michigan’s Ally Insurance Group Members
Feb 15 2013 // A.M. Best Co. has affirmed the financial strength rating of B++ (Good) and issuer credit ratings of “bbb” of Motors Insurance Corp. and its reinsured subsidiaries, MIC Property and Casualty Insurance Corp. and...
A.M. Best Downgrades McMillan-Warner Mutual Insurance Ratings
Feb 14 2013 // A.M. Best Co. has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and the issuer credit rating to “bbb+” from “a-” of McMillan-Warner Mutual Insurance Co. (MWM) of...
Ratings Recap: Auto Club (Michigan), Atlas Financial, Merced Mutual, ING US (Notes), PEMCO
Feb 8 2013 // A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘A-‘ (Excellent) from ‘A’ (Excellent) and the issuer credit ratings (ICR) to “a-” from “a” of Auto Club...
Penn.-Based GUARD Insurance Group Gets Ratings Boost From A.M. Best
Jan 25 2013 // A.M. Best Co. upgraded ratings of Wilkes-Barre, Penn.-based GUARD Insurance Group and its member subsidiaries, citing favorable business operations as well as the implicit and explicit financial support provided by their...
A.M. Best Upgrades Issuer Credit Ratings of Vermont Mutual Insurance
Jan 21 2013 // A. M. Best Co. said it has upgraded the issuer credit rating (ICR) to “a+” from “a” and affirmed the financial strength rating of A (Excellent) of Vermont Mutual Insurance Company and its two fully...
Ratings: Southern General/GreenStar, Fairfield, Community Mutual, Wisconsin County
Jan 18 2013 // A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘B’ (Fair) from ‘B++’ (Good) and the issuer credit ratings (ICR) to “bb+” from “bbb” of Southern General...
A.M. Best Withdraws Ratings of Community Mutual Insurance Co. in N.Y.
Jan 17 2013 // Insurance ratings agency A.M. Best Co. said it has downgraded the financial strength rating to C (Weak) from C+ (Marginal) and the issuer credit rating to “ccc” from “b-” of Community Mutual...
Ratings Roundup: NEWGT Re, Ability Re, RoyalStar (RSA)
Jan 16 2013 // A.M. Best Asia-Pacific Limited has assigned a financial strength rating of ‘A’- (Excellent) and issuer credit rating of “a-” to Bermuda-based NEWGT Reinsurance Company, Ltd. Best said the ratings...
Ratings Recap: ASSA/Lion Re, Local Tapiola, Liffey Re, Del Istmo, QBE Del Istmo
Jan 11 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Panama City-based ASSA Compania de Seguros, S.A. (ASSA), as well as the FSR...
A.M. Best Upgrades Ratings of Minnesota’s Austin Mutual Insurance
Jan 10 2013 // A.M. Best Co. has upgraded the financial strength rating to A (Excellent) from B (Fair) and the issuer credit rating to “a+” from “bb+” of Austin Mutual Insurance Co. (Austin) in Maple Grove, Minn....
Ratings: Aviva (Subs), Flagstone Re Africa, Arig, Salama, Bahrain Nat’l., BEST RE
Dec 20 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of several European insurance subsidiaries of...
Asbestos Loss Estimate Now at $85 Billion: A.M. Best
Dec 19 2012 // Insurance rating firm A.M. Best this week raised to $85 billion its estimate for losses that U.S. property and casualty insurers can ultimately expect from lawsuits brought by victims of asbestos exposure. Best, the major...
Ratings Recap: Jordan Plc, Builders Re S.A., Sava Re, Allianz (Notes)
Dec 17 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B++’ (Good) and the issuer credit rating of “bbb+” of Jordan Insurance Company Plc (JIC), both with stable...
Ratings Recap: Transsib Re, First General, Arab Re, TUCI
Dec 13 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B’ (Fair) and issuer credit rating of “bb+” of Russia’s OJSC Transsiberian Reinsurance Corporation...
Ratings Recap: Zurich America, Prism, FAIRCO, American Standard
Nov 30 2012 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Illinois-based Zurich American Insurance Company (Zurich US) and its...
Ratings Recap: Mansard, Custodian & Allied, Ability Re, TATIL
Nov 30 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B’ (Fair) and issuer credit rating of “bb+” of Nigeria’s Mansard Insurance Plc, both with stable...
Ratings Recap: Standard Casualty, Principal Financial, NAICO
Nov 16 2012 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer crediting rating “a-” of Texas-based Standard Casualty Company, both with stable outlooks. Best explained that...
Ratings Recap: Talanx Re, Nissan Global, Harmony, JEVCO
Nov 16 2012 // A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘A’ (Excellent) and an issuer credit rating of “a” to Talanx Reinsurance (Ireland) Ltd., both with stable...
