Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
A.M. Best Downgrades Texas-Based Columbia Lloyds, MDOW Insurance
Oct 24 2012 // A.M. Best Co. has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and issuer credit ratings to “bbb” from “a-” of Columbia Lloyds Insurance Co. (Columbia Lloyds) and its...
Lower Catastrophe Losses, Better Rate Environment Increase P/C Net Income: A.M. Best
Oct 22 2012 // The U.S. property/casualty industry’s underwriting and operating performance improved substantially in the first half of 2012 according to a special report by A.M. Best Co. Catastrophe losses, while remaining...
Rebounding Economy Spurs Growth in Cargo, Supply Chain Risks
Oct 22 2012 // A slow trend toward economic recovery in the U.S. may mean good news/bad news for insurance agents and brokers who handle commercial accounts with cargo and supply chain vulnerabilities. The good news is growth in sales...
A.M. Best Downgrades Oklahoma’s Farmers Mutual Fire Insurance
Oct 17 2012 // A.M. Best Co. announced it has downgraded the financial strength rating to B+ (Good) from B++ (Good) and issuer credit rating to “bbb-” from “bbb” of Farmers Mutual Fire Insurance Co. (Farmers) in...
European Insurers Still Facing Economic Uncertainty: A.M. Best
Oct 16 2012 // The Eurozone financial crisis continues to be among the most significant challenges facing insurers, although capital is strong for the European primary insurance market, according to A.M. Best Co. In a new report,...
Texas Mutual Receives Top Ratings from A.M. Best
Oct 10 2012 // Texas Mutual Insurance Co. announced it has received a financial strength rating of “A” (excellent) and an issuer credit rating of “a” from A.M. Best Co. A.M. Best also assigned the outlook of...
Best’s Report on Spanish Non-Life Sector Finds Profits, Future Challenges
Oct 10 2012 // “The Spanish non-life insurance sector remained profitable in 2011, but growth remains challenging, as it continues to face one of the bleakest economic environments since the 1930s,” according to a new report...
Slow and Steady: Optimism Good for Surplus Lines Market in 2012
Oct 9 2012 // Despite catastrophic events in 2011, low investment yields and competitive pressures, surplus lines specialists — especially market leaders — generated healthy operating profits and returns on both revenue and...
Ratings Recap: Sirius (US), HDI-Gerling (US), Permanent General, Lexon/Bond Safeguard, Selective(NJ)
Oct 8 2012 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of new York-based Sirius America Insurance Company, both with stable outlooks. Sirius...
Slow and Steady: Surplus Lines Industry Reverses Downward Trend; Optimism Good for 2012
Oct 8 2012 // Despite catastrophic events in 2011, low investment yields and competitive pressures, surplus lines specialists — especially market leaders — generated healthy operating profits and returns on both revenue and...
Ratings Recap: Nacional Re, Barents Re, PMG, MS Frontier Re
Oct 4 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 Spain’s Nacional de Reaseguros, S.A., both with...
Ratings Recap: Casiopea Re, FM (UK), Jamaica Int’l., Salama, BEST RE
Sep 24 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Luxembourg-based Casiopea Re S.A., the reinsurance...
Best Affirms Factory Mutual and Subs ‘A+’ Ratings; Outlook Stable
Sep 21 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of ‘”aa” of Factory Mutual Insurance Company and its subsidiaries, Appalachian...
Ratings Recap: Emirates, Sorford, BF&M, Unity Re
Sep 20 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Emirates Insurance Company P.S.C. (EIC), which is...
Ratings Recap: AmerInst, Trust Re, Flagstone Re Africa, Univé Stormher
Sep 14 2012 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based AmerInst Insurance Company Ltd., as well as the ICR of...
A.M. Best Downgrades, Withdraws Ratings of San Antonio Indemnity Co.
Aug 27 2012 // A.M. Best Co. has removed from under review with negative implications and downgraded the financial strength rating to D (Poor) from B (Fair) and issuer credit rating to “c” from “bb” of San Antonio...
Ratings Recap: Oman Insurance, Abu Dhabi National, NLGIC, MEICO
Aug 24 2012 // A.M. Best Europe – Rating Services Limited has revised the outlook to stable from negative and affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of...
Ratings Recap: Omega Insurance, Al Ittihad, Alliance
Aug 22 2012 // A.M. Best Europe – Rating Services Limited has removed from under review with negative implications and affirmed the issuer credit rating (ICR) of “bbb” of Bermuda-based Omega Insurance Holdings Limited, an...
Ratings Recap: Great Plains, ProAssurance, Community, German Mutual
Aug 16 2012 // A.M. Best Co. has assigned a financial strength rating of ‘B++’ (Good) and an issuer credit rating of “bbb” to Iowa-based Great Plains Casualty, Inc., both with stable outlooks. The ratings reflect...
Ratings Recap: Electrical Contractors’, Scotia, Société Centrale, Adamjee
Aug 10 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of UK-based Electrical Contractors’ Insurance...
