Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
Best Affirms FSR for Kenya Reinsurance Corporation Ltd.
Aug 23 2005 // A.M. Best Co. has affirmed the financial strength rating of B+ (Very Good) and the issuer credit rating of “bbb-” of the Kenya Reinsurance Corporation Limited (Kenya Re) (Kenya). The outlook for both ratings is...
Best Upgrades ACE’s U.S. Subsidiaries
Aug 16 2005 // A.M. Best Co. has upgraded the financial strength ratings (FSR) to A+ (Superior) from A (Excellent) and assigned issuer credit ratings (ICR) of “aa-” to ACE Westchester Specialty Group (ACE Westchester) (lead...
Best Affirms AVIVA’s ‘A+’ Ratings
Aug 12 2005 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) and the issuer credit rating (ICR) of “aa-” of the core companies of the U.K.-based AVIVA Group. Best...
A.M. Best: Domestic Captives Industry Stable; Leverage Remains A Concern
Aug 9 2005 // Trends in premium volume, loss reserves and admitted assets show that the captive insurance industry has reached a level of stability as it absorbs the benefits of the recent hard market while coping with legacy issues...
American Re Under Review
Aug 8 2005 // A.M. Best Co. placed the financial strength ratings of “A” (excellent) for American Re Corporation Group’s member companies under review with negative implications. Member companies include American...
A.M. Best Affirms ‘A’ Excellent Rating for Lloyd’s
Jul 27 2005 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of ‘a’ of Lloyd’s of London. At the same time, A.M. Best has affirmed the ‘a-‘ ICR of the...
A.M. Best Affirms Ratings of Assicurazioni Generali S.p.A.
Jul 22 2005 // A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) and the issuer credit rating of “aa-” of Assicurazioni Generali S.p.A. (Generali) (Italy). At the same time, A.M. Best has affirmed the...
Prime Receives A.M. Best’s Rating of “B” With a Stable Outlook
Jul 20 2005 // Sandy, Utah-based Prime Holdings Insurance Services Inc. announced that its property and casualty insurance subsidiary, The Prime Insurance Syndicate Inc. (“Prime”), was notified that as of July 15, 2005, Prime...
Prime Receives A.M. Best’s Rating of “B” With a Stable Outlook
Jul 19 2005 // SANDY, Utah (July 19, 2005) – Prime Holdings Insurance Services, Inc. announced today that its property and casualty insurance subsidiary, The Prime Insurance Syndicate, Inc. (“Prime”), was notified that...
Topa Insurance Receives ‘A-‘ Rating by A.M. Best
Jul 19 2005 // A.M. Best has completed its evaluation of Los Angeles-based Topa Insurance Company and affirmed a rating of “A-” (Excellent) with a stable outlook. Topa Insurance Company’s financial size rating is class...
A.M. Best Affirms FSR to the Hartford Financial Services Group
Jul 15 2005 // A.M. Best Co. has affirmed the financial strength ratings of A+ (Superior) and assigned issuer credit ratings (ICR) of “aa-” to the Hartford Insurance Pool (The Pool) and its members. Concurrently, A.M. Best...
Beazley’s New U.S. Insurance Company Earns Best’s Rating of A-
Jul 14 2005 // A.M. Best Co. has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of “a-” to Beazley Insurance Company, Inc. (BICI) (Omaha, NE), a newly formed U.S. insurer that is part of...
A.M. Best Ups Ratings for New St. Paul Travelers Pool
Jul 14 2005 // Insurance ratings standard-bearer A.M. Best Co. has assigned a financial strength rating of “A+” (superior) and an issuer credit rating of “aa-” to the members of the newly formed pool, St. Paul...
Best Affirms FSR for International Insurance Co. of Hannover Ltd.
Jul 14 2005 // A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) of International Insurance Company of Hannover Limited (Inter Hannover) (United Kingdom), a subsidiary of Hannover Rueckversicherung AG (Hannover...
Best Affirms FSR for Max Re, Max Re Capital; Rates European Operations
Jul 13 2005 // A.M. Best Co. has affirmed the financial strength rating (FSR) of A- (Excellent) and the issuer credit rating (ICR) of “a-” for Max Re Ltd. (Max Re). A.M. Best has also affirmed the ICR of “bbb-” of...
A.M. Best Places Ratings for American Re Under Review; Negative Implications
Jul 13 2005 // A.M. Best Co. has placed the financial strength ratings of A (Excellent) under review with negative implications for American Re Corporation Group’s (American Re) member companies, which include American Re-Insurance...
Best Affirms FSR for Lloyd’s Syndicate 1084; Outlook Stable
Jul 13 2005 // A.M. Best Co. has affirmed the Best’s Syndicate Rating of A (Excellent) and the issuer credit rating (ICR) of “a” of Lloyd’s Syndicate 1084 (United Kingdom). At the same time, A.M. Best has affirmed...
Best Takes Various Actions on 52 Canadian P/C Insurers
Jul 11 2005 // A.M. Best Co. has affirmed the financial strength ratings of 36 Canadian insurers, downgraded the ratings of four, upgraded the ratings of nine and assigned ratings to three Canadian property/casualty insurers. These...
Best Affirms FSR for Sirius
Jul 11 2005 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of Sirius International Insurance Corporation (Sirius) (Sweden). The outlook on both ratings remains...
Best Reacts to XL Capital’s Reserve Charge Along with Possible Implications for All Reinsurers
Jul 11 2005 // A.M. Best Co. commented this week that while the most recent after tax reserve charge of $183 million falls within A.M. Best’s anticipated range of adverse loss development for XL Capital Group (XL Capital)...
