Latest AM Best Headlines

All the headlines from our AM Best Topic Page, ordered by recency.

Ratings Recap: Aegon, Grafton (Europe), AGA, Inbursa, Malayan

Feb 24 2011 // Standard & Poor’s Ratings Services has said that its ratings and outlook on Netherlands-based insurance holding company AEGON N.V. (‘A-‘/Negative/A-2) and its core insurance operating subsidiaries...

Best Issues Ratings Announcements on Fairfax Subsidiaries

Feb 11 2011 // A.M. Best has issued a series of ratings announcements relating to Canada’s Fairfax Financial Holdings and its subsidiaries. The bulletins are as follows: A.M. Best Co. has removed from under review with negative...

Ratings Recap: Everest Re (Canada), Cologne Re (Ireland), Gulf Insurance

Feb 2 2011 // A.M. Best Co. has assigned a financial strength rating of ‘A+’ (Superior) and an issuer credit rating of “aa-” to Everest Insurance Company of Canada (EvCan), both with stable outlooks. Best noted...

Ratings Recap: Tunis Re, National Grid, Endurance (repurchase), Caribbean Alliance, La Colonial, RoyalStar

Jan 26 2011 // A.M. Best Europe – Rating Services Limited has placed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Société Tunisienne de Reassurance (Tunis Re) under review...

Ratings Recap: Tokio Marine Pacific, Malaysian Re, Kazakhinstrakh, Ansvar

Jan 7 2011 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Guam-based Tokio Marine Pacific Insurance Limited (TMPI), both with stable outlooks....

Ratings Roudup: PMG (Sony), Qatar General, Al Ittihad

Dec 28 2010 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Bermuda-based PMG Assurance Ltd., both with stable outlooks. The ratings...

Ratings Recap: Allianz Global (US), Balboa Group, North Light, Heritage

Dec 28 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings of “aa” of Allianz Global Corporate & Specialty North America (AGCS NA), which includes...

Ratings: Aspen, Allianz Risk Transfer, Inter Hannover UK, Transsib Re, Jordan Insurance

Dec 23 2010 // Standard & Poor’s Ratings Services has assigned its preliminary ‘BBB+’ senior debt, preliminary ‘BBB’ subordinated debt, preliminary ‘BBB-‘ junior subordinated debt, and...

Ratings Roundup: Lemma, Russian Re, Ghana Re, International Energy

Dec 21 2010 // A.M. Best Europe – Rating Services Limited has placed under review with negative implications the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Ukraine’s...

The Republic Group’s Ratings Affirmed

Dec 21 2010 // Dallas-based regional property/casualty insurer The Republic Group (Republic) announced that A.M. Best Company has affirmed the rating of A- (Excellent) for each of the group’s companies. In addition to affirming the...

Ratings Roundup: NIPPONKOA (Asia), Aspen (Notes), Asia Capital

Dec 16 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Hong Kong-based NIPPONKOA Insurance Company (Asia) Limited, both with stable outlooks....

A.M. Best Affirms Ratings of Cincinnati Financial and Subs

Dec 15 2010 // A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa” of Cincinnati, Ohio-based standard market property/casualty group, The Cincinnati...

A.M. Best Affirms Ratings of Michigan Insurance Co.

Dec 9 2010 // A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a” of Michigan Insurance Co. based in Grand...

A.M. Best Downgrades Michigan Commercial Insurance Mutual

Dec 8 2010 // A.M. Best Co. has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and issuer credit rating to “bbb” from “a-” of Michigan Commercial Insurance Mutual (MCIM) in Lansing,...

Ratings: Cherokee/Oakland, Wayne Mutual, Executive, United Fire, Mercer

Dec 3 2010 // A.M. Best Co. has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating (ICR) to “a” from “a-” of Cherokee Insurance...

A.M. Best Upgrades Wisconsin’s 1st Auto & Casualty Insurance Co.

Dec 1 2010 // A.M. Best Co. has upgraded the financial strength rating (FSR) to B++ (Good) from B+ (Good) and issuer credit rating (ICR) to “bbb” from “bbb-” of 1st Auto & Casualty Insurance Company (1st...

A.M. Best Downgrades Ratings of Kansas-based Upland Mutual Insurance

Nov 30 2010 // A.M. Best Co. has downgraded the financial strength rating to B+ (Good) from B++ (Good) and issuer credit rating to “bbb-” from “bbb” of Upland Mutual Insurance Inc. (Upland) (Junction City, KS)....

Ratings Recap: Oil Casualty, Bison, East Africa Re, Kenya Re

Nov 24 2010 // A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Bermuda-based Oil Casualty Insurance, Ltd (OCIL), both with stable outlooks....

Best Affirms Assurant and Subsidiaries Ratings; Outlook Stable

Nov 22 2010 // A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of the property/casualty and life/health insurance subsidiaries of Assurant, Inc. Best also affirmed the ICR of...

A.M. Best Assigns ‘A’ rating to Veterinary Pet Insurance Co.

Nov 16 2010 // A.M. Best Co. has assigned a financial strength rating of “A” (Excellent) and issuer credit rating of “a” to Veterinary Pet Insurance Co. of Brea, Calif. The outlook assigned to both ratings is...