Latest AM Best Headlines

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

Best Affirms FSR for Lloyd’s Syndicate 958; Outlook Remains Stable

Feb 7 2006 // A.M. Best Co. has affirmed the Best’s Syndicate Rating of A (Excellent) and the issuer credit rating of “a+” of Lloyd’s Syndicate 958 (United Kingdom). The outlook for both ratings remains...

New Markets

Feb 6 2006 // Non-Standard Medical MalpracticeNuts & Bolts: NAS Insurance Services has broadened its non-standard medical malpractice insurance to virtually all physicians specialists — plastic/cosmetic surgeons, emergency...

New Markets

Feb 5 2006 // New Markets Nuts & Bolts: NAS Insurance Services has broadened its non-standard medical malpractice insurance to virtually all physicians specialists – plastic/cosmetic surgeons, emergency room physicians, lasik...

Best Downgrades FSR for Louisiana Farm Bureau; Outlook Negative

Jan 18 2006 // A.M. Best Co. has downgraded the financial strength rating to B+ (Very Good) from A- (Excellent) of Louisiana Farm Bureau Mutual Insurance Company (LFB) (Baton Rouge, La.). The rating has been removed from under review and...

Best Affirms FSR for Aspen

Jan 17 2006 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and the issuer credit rating (ICR) of “a” of Aspen Insurance UK Limited (AIUK) (United Kingdom). At the same time, A.M. Best has...

Best Assigns ‘B+’ FSR Rating to Turkey’s Milli Reasurans

Jan 4 2006 // A.M. Best Co. announced that it has assigned a financial strength rating (FSR) of “B+” (Very Good) and an issuer credit rating (ICR) of “bbb-” to Turkish reinsurer Milli Reasurans Turk Anonim...

New Markets

Jan 1 2006 // Fire and Water Restoration Plus Pollution and Mold Liability for Contractors Nuts & Bolts: Bonding and Insurance Specialists Agency is offering fire and water restoration contractors general liability plus...

Best Affirms Quanta Group’s ‘A-‘ Ratings; Outlook Negative

Dec 27 2005 // A.M. Best Co. announced that it has affirmed the financial strength ratings (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” of Bermuda-based Quanta Reinsurance Ltd. (Quanta Re) and its...

Best Assigns ‘A-‘ Rating to Allianz Marine & Aviation

Dec 23 2005 // A.M. Best Co. announced that it has assigned a financial strength rating of “A-” (Excellent) and an issuer credit rating (ICR) of “a-” to Germany’s Allianz Marine & Aviation...

Best Assigns ‘A-‘ Ratings to Bermuda Start-Up Flagstone Re

Dec 21 2005 // A.M. Best Co. announced that it has assigned a financial strength rating of “A-” (Excellent) and an issuer credit rating of “a-” to Bermuda- start-up Flagstone Reinsurance Limited, and has given the...

Best Affirms Syndicate 382 Ratings

Dec 20 2005 // A.M. Best Co. announced that it has affirmed the Best’s Syndicate Rating of A (Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 382 with a stable outlook. “Syndicate...

Best Rates U.K.’s Hiscox, Lloyd’s Syndicate, Bermuda Start-Up

Dec 19 2005 // A.M. Best Co. has announced its credit ratings on U.K. specialist and Lloyd’s insurer Hiscox plc. and its operating entities. It affirmed the financial strength rating (FSR) of “A-” (Excellent) and the...

A.M. Best Report: Terrorism – Too Risky Without TRIA

Dec 19 2005 // A.M. Best Co. believes terrorism is too risky without some sort of backstop to protect insurance companies providing coverage on a primary basis. The expiration of the Terrorism Risk Insurance Act (TRIA) of 2002 without...

Best Assigns Amlin’s New Bermuda Company an ‘A-‘ Rating

Dec 16 2005 // Following its affirmation of the parent company’s ratings (See previous article), A.M. Best Co. announced that it has assigned a financial strength rating of “A-” (Excellent) and an issuer credit rating...

Best Affirms FSR for Jupiter Insurance

Dec 14 2005 // A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) of Jupiter Insurance Ltd. (Jupiter) (Guernsey) and has assigned an issuer credit rating (ICR) of “aa-“. The outlook on both...

Best Assigns FSR to Validus Re

Dec 13 2005 // A.M. Best Co. has assigned a financial strength rating (FSR) of A- (Excellent) and an issuer credit rating of “a-” to Validus Reinsurance Ltd. (Validus) (Bermuda). The ratings have a stable outlook. Validus...

Best Study Analyzes Catastrophe Rating Methodology

Nov 22 2005 // A.M. Best Co. has issued a study, which concludes that catastrophic loss, both natural and man-made, is “the number one threat to the financial strength and credit quality of property and casualty insurers due to the...

Best Assigns “a-” Rating to Ameriprise

Nov 17 2005 // A.M. Best Co. has assigned a debt rating of “a-” to Ameriprise Financial, Inc.’s announced issuance of $1.5 billion in senior unsecured notes to be drawn down from the $1.7 billion shelf registration...

A.M. Best Assigns FSR for Darwin Group, Subsidiaries

Nov 16 2005 // A.M. Best Co. has assigned financial strength ratings (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” to the operating companies of Delaware-based Darwin Group Inc. (DGI), which consists of...

A.M. Best Upgrades North Pointe Holdings Rating to B++

Nov 11 2005 // A.M. Best Co. has assigned an issuer credit rating (ICR) of “bb” to North Pointe Holdings Corp. and has upgraded the financial strength rating (FSR) to B++ (Very Good) from B+ (Very Good) of its subsidiary,...