Latest AM Best Headlines

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

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)...

A.M. Best Affirms ‘B++’ for Trustmark; Outlook Negative

Jul 5 2005 // A.M. Best Co. has affirmed the financial strength ratings of “B++” (very good) and assigned issuer credit ratings of “bbb” to both Lake Forest, Ill.-based Trustmark Insurance Co. and Trustmark Life...

A.M. Best Assigns FSR to Markel Corp; Outlook Stable

Jun 29 2005 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and has assigned issuer credit ratings (ICR) of “a” to the Markel North America Insurance Group (Markel) and its...

A.M. Best Downgrades FSR for State Farm Florida Insurance Co., Removes from Under Review

Jun 15 2005 // A.M. Best Co. has downgraded the financial strength rating to B+ (Very Good) from A- (Excellent) for State Farm Florida Insurance Company (State Farm Florida) (Winter Haven, Fla.). The rating has been removed from under...

Acuity’s ‘A+’ Rating Reaffirmed

May 31 2005 // In 2005, ACUITY’s Best Rating has again been reaffirmed as “A+” and A.M. Best considers them “superior” for capital strength. A.M. Best, the insurance industry’s largest and...

New Markets

May 23 2005 // Internet Basic Liability Policy for Small, Mid-Size Tech Firms Nuts & Bolts: St. Paul Travelers launched a basic Internet liability policy aimed at small to mid-size technology firms. Internet basic liability...

A.M. Best Downgrades Ford Insurance Subsidiary to ‘A-‘

May 11 2005 // Insurance ratings standard-bearer A.M. Best Co. has downgraded the financial strength rating to “A-” (excellent) from “A” (excellent) of Ford Motor Co. subsidiary the American Road Insurance Co.,...

A.M. Best Places GE Sub Under Review After Sale to Berkshire

May 8 2005 // Insurance ratings standard-bearer A.M. Best Co. placed the financial strength rating of “A-” (excellent) of the Fort Wayne, Ind.-based Medical Protective Co. under review with developing implications. This...

Best Affirms Ratings for St. Paul Travelers Insurance Company Ltd.

May 6 2005 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and assigned an issuer credit rating of “a” to St. Paul Travelers Insurance Company Limited (St. Paul) (United Kingdom). Both ratings...

Best Downgrades Issuer Credit Ratings of Transatlantic; Ratings Placed Under Review with Negative Implications

May 5 2005 // A.M. Best Co. has downgraded the issuer credit ratings to “aa-” from “aa” of Transatlantic Reinsurance Company, Putnam Reinsurance Company (both of New York, N.Y.) and Trans Re Zurich (Zurich,...