Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
A.M. Best Affirms Harleysville Ratings; Raises Palisades Group
Jan 29 2002 // A.M. Best has affirmed the financial strength rating of A (Excellent) for Harleysville Insurance, Harleysville, Pennsylvania and the “a-” debt rating for Harleysville Group Inc.’s existing senior notes....
A.M. Best Affirms Capitol Transamerica
Jan 28 2002 // A.M. Best Co. affirmed the financial strength rating of “A+” (Superior) for Capitol Transamerica Group, Madison, Wis., following Alleghany Corp.’s acquisition of the company. The rating reflects Capitol...
A.M. Best Lowers Allianz Canada Ratings to ‘A’ (Excellent)
Jan 24 2002 // A.M. Best announced that it has downgraded the financial strength ratings to A (Excellent) from A++ (Superior) for Allianz Insurance Company of Canada and its affiliated company, Trafalgar Insurance Company of Canada,...
A.M. Best Assigns ‘A- (Excellent)’ Rating to Endurance Specialty
Jan 23 2002 // A.M. Best has assigned an initial financial strength rating of A- (Excellent) to Endurance Specialty Insurance Ltd. the Bermuda-based insurance company recently formed by Aon and Zurich Financial Services following the...
A.M. Best Makes Available New Electronic Format for Best’s State Rate Filings
Jan 23 2002 // According to Business Wire, A.M. Best Co. is making available Best’s State Rate Filings — Express Delivery, a new downloadable Portable Document Format (PDF) version of the print edition of Best’s State...
A.M. Best Lowers Ratings on Royal and Sun
Jan 17 2002 // A.M. Best announced that it has downgraded the financial strength rating to A (Excellent) from A+ (Superior) of the U.K.’s Royal & Sun Alliance Insurance Group (RSA), and continues to have a “negative...
A.M. Best Affirms QBE Group Ratings
Jan 16 2002 // In three separate, but related, actions A.M. Best Co. has affirmed the A- (Excellent) financial strength rating of QBE Reinsurance Europe, QBE International Insurance Ltd. and another subsidiary, Iron Trades Ins. Co. Ltd....
P/C Trends Gain Momentum after U.S. Attacks
Jan 16 2002 // According to A.M. Best Co., the unprecedented events of Sept. 11 have forever changed the way the insurance industry defines risk as both property and liability lines have been exposed to catastrophic risks that cannot be...
A.M. Best Lowers SCOR Ratings, Removes from Review
Jan 15 2002 // A.M. Best announced that it has downgraded the financial strength rating of France’s SCOR to A (Excellent) from A+ (Superior) and has removed the rating from under review. The new rating also applies to all of...
A.M. Best Affirms Lloyd’s
Jan 14 2002 // A.M. Best Co. affirmed the “A-” rating of the Lloyd’s market and has removed the “under review” status of the rating, which was applied in the aftermath of the terrorist attacks in the U.S. on...
The St. Paul’s Affirmed
Jan 14 2002 // A.M. Best Co. affirmed the “A+” FSR of The St. Paul Companies’ property/casualty subsidiaries and lowered the company’s long-term debt ratings. Senior debt has been lowered from “a+” to...
A.M. Best Affirms Lloyd’s
Jan 14 2002 // A.M. Best Co. affirmed the “A-” rating of the Lloyd’s market and has removed the “under review” status of the rating, which was applied in the aftermath of the terrorist attacks in the U.S. on...
The St. Paul’s Affirmed
Jan 14 2002 // A.M. Best Co. affirmed the “A+” FSR of The St. Paul Companies’ property/casualty subsidiaries and lowered the company’s long-term debt ratings. Senior debt has been lowered from “a+” to...
A.M. Best Affirms Cornhill’s ‘A++’ (Superior) Rating
Jan 11 2002 // A.M. Best announced that it has affirmed the A++ (Superior) financial strength rating of Cornhill Insurance PLC, London, the principal U.K. subsidiary of Germany’s Allianz AG. Best’s statement noted...
A.M. Best Gives Goshawk Re A- (Excellent) Rating
Jan 4 2002 // A.M. Best Co. assigned an initial financial strength rating of A- (Excellent) to Goshawk Reinsurance Limited (Goshawk Re), the recently established Bermuda-based subsidiary of the U.K.’s Goshawk Insurance Holdings...
A.M. Best Assigns A- (Excellent) Rating to World-Wide Reassurance
Dec 31 2001 // A.M. Best Co. assigned an A- (Excellent) initial financial strength rating to World-Wide Reassurance Company Ltd. (WWR), U.K., which is being acquired by an offshore subsidiary of Scottish Annuity and Life. ” The...
A.M. Best Assigns ‘A-‘(Excellent) Rating to Danish Re, Lloyd’s Syndicate 1400
Dec 28 2001 // A.M. Best Co. has assigned an indicative financial strength rating of A- (Excellent) to Danish Re Bermuda Ltd., “a global reinsurer which underwrites at Lloyd’s as an Integrated Lloyd’s Vehicle and...
TIG Downgraded, C&F Affirmed
Dec 24 2001 // A.M. Best Co. downgraded the financial strength rating of TIG Insurance Group, Irving, Texas, from “A-” (Excellent) to “B++” (Very Good), affirmed the “A-” (Excellent) rating of Crum and...
A.M. Best Assigns AWAC an ‘A+ (Superior)’ Rating
Dec 20 2001 // A.M. Best has assigned an initial financial strength rating of A+ (Superior) to Bermuda-based Allied World Assurance Company Ltd. (AWAC), the insurer formed in November by American International Group, Chubb Insurance...
High Ratings for Allianz Debt by S&P, A.M. Best
Dec 19 2001 // Standard & Poor’s and A.M. Best have both given high ratings to new debt issues from Germany’s Allianz Group. S&P assigned its ‘A-1’-plus short-term debt rating to Allianz Finance...
