Latest AM Best Headlines

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

Best Affirms NZ’s Pioneer ‘B+ Rating; Revises Outlook to Negative

Sep 14 2006 // A.M. Best Co. has affirmed the financial strength rating of “B+” (Very Good) of New Zealand’s Pioneer Insurance Company Limited, but it has revised the outlook to negative from stable. Best also assigned...

Best Upgrades SCOR Ratings to ‘A-‘

Sep 11 2006 // SCOR’s “Back on Track” restructuring strategy finally paid off as the French reinsurer regained its “A” rating from A.M. Best Co. The rating agency announced that it has upgraded the financial...

Best Affirms ‘A’ Rating of Markel’s Lloyd’s Syndicate 3000

Sep 8 2006 // A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) and issuer credit rating (ICR) of “a” of Lloyd’s Syndicate 3000. The outlook on both ratings remains...

Best Affirms Markel Int. ‘A-‘ Ratings

Sep 8 2006 // A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) and the issuer credit rating of “a-” of U.K.-based Markel International Insurance Company Limited (MIICL) with a stable...

New Markets

Sep 4 2006 // Third Party Harassment and Discrimination Nuts & Bolts: Monoline third party harassment and discrimination coverage is being offered by Quadrant Insurance Managers. This product covers businesses for discrimination,...

New Markets

Sep 4 2006 // Insurance Agents E&O Nuts & Bolts: London American Professional Liability LLC, a program administrator and MGA, introduced a new professional liability program for insurance agencies. The program is designed for...

New Markets

Sep 4 2006 // Security Risks Nuts & Bolts: AI Risk, Lexington Insurance’s Middle Market Unit, has selected Brownyard Programs Ltd. to bring AIG’s GuardSecure product to small- and intermediate-sized private security...

New Markets

Sep 4 2006 // Mining Program Nuts & Bolts: Casualty & Surety Inc. (CSI), a specialty MGA, has been granted underwriting authority for a new National Mining Program. CSI will be able to write coverage for general liability,...

New Markets

Sep 4 2006 // Security Risks Nuts & Bolts: AI Risk, Lexington Insurance’s Middle Market Unit, has selected Brownyard Programs Ltd. to bring AIG’s GuardSecure product to small- and intermediate-sized private security...

New Markets

Sep 4 2006 // Mining Program Nuts & Bolts: Casualty & Surety Inc. (CSI), a specialty MGA, has been granted underwriting authority for a new National Mining Program. CSI will be able to write coverage for general liability,...

New Markets

Sep 4 2006 // Third Party Harassment and Discrimination Product Nuts & Bolts: Monoline third party harassment and discrimination coverage is being offered by Quadrant Insurance Managers. This product covers businesses for...

Best Affirms Swiss Re, GEIS, GE Frankona Ratings; Off Review

Aug 24 2006 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A+” (Superior) and the issuer credit rating (ICR) of “aa” of Swiss Reinsurance Company and its rated subsidiaries. Best also...

New Markets

Aug 21 2006 // Environmental Insurance Program Nuts & Bolts: Burns & Wilcox, a national specialty insurance agency, has formed a strategic alliance with ACE Westchester Specialty Group Environmental to administer a program for...

New Markets

Aug 21 2006 // Environmental Insurance Program Nuts & Bolts: Burns & Wilcox, a national specialty insurance agency, has formed a strategic alliance with ACE Westchester Specialty Group Environmental to administer a program for...

Best Removes Folksamerica from Review; Affirms ‘A-‘ Rating

Aug 18 2006 // A.M. Best Co. has removed from under review and affirmed the financial strength rating (FSR) of “A-” (Excellent) and the issuer credit rating (ICR) of “a-“of New York-based Folksamerica Reinsurance...

New Markets

Aug 7 2006 // Builder’s Risk Program Nuts & Bolts: Praetorian Financial Group, a specialty insurance provider, announced that it has entered into a partnership with Britt Paulk to launch a Builder’s Risk program....

New Markets

Aug 7 2006 // Retail Shopping Centers Nuts & Bolts: Argonaut Group Inc.’s Select Markets segment is expanding its line of products and services to include the retail shopping center marketplace. Highlights include specialized...

New Markets

Aug 7 2006 // Retail Carts Nuts & Bolts: General liability, including contractual liability, personal injury and advertising injury liability for retail cart vendors operating concessions and exhibits is available from K&K...

New Markets

Aug 7 2006 // Retail Shopping Centers Nuts & Bolts: Argonaut Group Inc.’s Select Markets segment is expanding its line of products and services to include the retail shopping center marketplace. Highlights include specialized...

New Markets

Aug 7 2006 // Retail Carts Nuts & Bolts: General liability, including contractual liability, personal injury and advertising injury liability for retail cart vendors operating concessions and exhibits is available from K&K...