Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
A.M. Best Affirms Goshawk Re ‘A-‘ Rating
Jul 2 2003 // A.M. Best Co. announced that it has affirmed the financial strength rating of A- (Excellent) of Bermuda-based Goshawk Reinsurance Limited with a stable outlook. “The rating affirmation reflects the company’s...
A.M. Best Assigns Rating to Underwriters Reinsurance Co.
Jul 2 2003 // A.M. Best Co. has assigned a financial strength rating of A (Excellent) to Underwriters Reinsurance Company (URC) (New Hampshire), soon to be renamed RSUI Indemnity Company. The rating outlook is stable. The rating action...
Best Upgrades Markel Int’l, Lloyd’s Syndicate 3000 Ratings to ‘A-‘
Jul 1 2003 // A.M. Best Co. announced that it has upgraded the financial strength rating to A- (Excellent) from B++ (Very Good) of the U.K.-basedarkel International Insurance Company Ltd (MIIC), has also assigned a Best’s...
A.M. Best Upholds ‘Excellent’ Rating Of CAP-MPT
Jun 30 2003 // The A.M. Best Company has upheld its rating of “A” (Excellent) to the Cooperative of American Physicians Inc. – Mutual Protection Trust (CAP-MPT), a provider of medical professional liability protection...
A.M. Best Upgrades AmTrust to ‘A-‘
Jun 30 2003 // A.M. Best Co. has upgraded its rating of Beachwood, Ohio-based AmTrust Group (AG), which focuses on workers’ compensation for smaller employers, to “A-” (Excellent) based on a quantitative and qualitative...
Best Downgrades Employers Re
Jun 30 2003 // A.M. Best Co. has downgraded the financial strength ratings to “A” (Excellent) from “A+” (Superior) of Overland Park, Kan.-based Employers Reinsurance Corp. and its affiliated domestic and...
A.M. Best Affirms Rating of ING Canada
Jun 27 2003 // A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) of ING Canada (Toronto). The group, which operates under a pooling arrangement, consists of Belair Insurance Company Inc., ING Insurance Company of...
A.M. Best Downgrades Rating of Gulf Group
Jun 26 2003 // A.M. Best Co. has downgraded the financial strength rating to A (Excellent) from A+ (Superior) of the Gulf Insurance Group (Hartford, Conn.). The rating outlook is stable. This rating action reflects the group’s...
A.M. Best Assigns Initial Rating to Oriental Fire and Marine
Jun 25 2003 // A.M. Best Co. has assigned an initial financial strength rating of B++ (Very Good) to Oriental Fire and Marine Insurance Company Ltd (OFMI), South Korea. The outlook is stable. The rating reflects OFMI’s strong...
Employers Ins. Co. of Nevada Receives Best ‘A-‘ Rating
Jun 24 2003 // Employers Insurance Company of Nevada, A Mutual Company (EICN) announced that it has received an “A- (Excellent)” rating from A.M. Best Company. “Today is an historic day in the continuing evolution of...
A.M. Best Says P/C Industry’s Combined Ratio Under 100 Despite High Cat Losses, Reserve Development
Jun 23 2003 // The property/casualty industry’s combined ratio improved about 2.6 points to 99.7 for the first quarter in 2003, the industry’s strongest first-quarter underwriting performance in the most recent five-year...
Liberty Mutual Maintains ‘A’
Jun 23 2003 // A.M. Best Co. said the current financial strength and debt ratings of the Liberty Mutual Insurance Cos. remain unchanged following its announcement regarding the acquisition of Prudential Financial Inc.’s U.S....
Baldwin & Lyons Sub Upgraded
Jun 23 2003 // Indianapolis-based Baldwin & Lyons Inc. reported that A.M. Best has upgraded its financial rating of the company’s subsidiary, Sagamore Insurance Co., from “A” to “A+” (Superior). Baldwin...
A.M. Best Upgrades Rating of Folksamerica Reinsurance Co.
Jun 19 2003 // A.M. Best Co. has upgraded the financial strength rating to A (Excellent) from A- (Excellent) of Folksamerica Reinsurance Company (New York). The rating outlook is stable. The rating reflects Folksamerica’s increased...
A.M. Best Places FSR of National Service Under Review
Jun 17 2003 // A.M. Best Co. has placed the financial strength rating of A- (Excellent) of National Service Contract Insurance Company RRG (NSC) (Hawaii) under review with negative implications. The status will remain pending the results...
St. Paul’s Strength Affirmed, But Debt Gets Downgrade
Jun 17 2003 // A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) of the St. Paul Cos. Inc.’s property/casualty subsidiaries. Concurrently, A.M. Best has downgraded its senior debt rating to...
A.M. Best Affirms FSR of St. Paul
Jun 16 2003 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of The St. Paul Companies, Inc.’s (St. Paul, MN) property/casualty subsidiaries. Concurrently, A.M. Best has downgraded its senior debt rating...
A.M. Best Downgrades MLMIC Group, Princeton and OHIC Ratings
Jun 16 2003 // A.M. Best Co. announced that it has downgraded the financial strength rating to B (Fair) from B++ (Very Good) of the New York-based MLMIC Group, removed the rating from under review, and assigned a “negative”...
A.M. Best Affirms Cologne Re ‘A++’ (Superior) Rating
Jun 13 2003 // A.M. Best Co. announced that it has affirmed the financial strength rating of ‘A++’ (Superior) of Koelnische Rueckversicherungs-AG (Cologne Re) and its core subsidiaries, with a stable outlook. The affirmation...
Dallas Fire Upgraded by A.M. Best
Jun 12 2003 // Dallas Fire Insurance Company, a Dallas, Texas-based writer of property and casualty insurance, announced it has been upgraded to a “B+IV” by the A.M. Best Company. The company said the upgrade was due to...
