Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
New Markets
Oct 23 2006 // Umbrella Reinsurance Nuts & Bolts: John B. Collins Associates Inc. has a national umbrella facility that provides up to $5 million in commercial and personal umbrella limits exclusively for Collins clients. It serves...
Best Puts Catlin ‘Under Review;’ Group Says ‘Concerns are Unwarranted’
Oct 20 2006 // A.M. Best Co. has placed the financial strength rating (FSR) of “A” (Excellent) and issuer credit rating (ICR) of “a” of the Bermuda-based Catlin Insurance Company Limited (CICL) under review with...
Converium to Sell No. American Operations to National Indemnity; S&P, A.M. Best Comment
Oct 18 2006 // Swiss-based reinsurer Converium AG has reached agreement with National Indemnity, a Berkshire Hathaway company, to sell its North American operations for $295 million comprised of $95 million in cash and $200 million in...
A.M. Best Expects National Lloyds, American Summit Ratings to Remain Stable After Acquisition
Oct 12 2006 // Commenting on the proposed acquisition of Waco, Texas-based National Lloyds Insurance Company and American Summit Insurance Company by Affordable Residential Communities Inc. of Englewood, Colo., A.M. Best Co. said it...
New Markets
Oct 9 2006 // Privacy and Security Coverage Enhancements Nuts & Bolts: Euclid Managers LLC developed a set of security and privacy coverage enhancements that can be endorsed onto any of the Euclid Managers’ Internet and tech...
New Markets
Oct 9 2006 // Liability Long Term Care Facilities Nuts & Bolts: Houston, Texas-based London American Risk Specialists Inc. is offering CareSurance, a new liability insurance program designed to meet the needs of skilled, assisted...
New Markets
Oct 9 2006 // Privacy and Security Coverage Enhancements Nuts & Bolts: Euclid Managers LLC developed a set of security and privacy coverage enhancements that can be endorsed onto any of the Euclid Managers’ Internet and tech...
Best Affirms East Africa Re Ratings
Oct 6 2006 // A.M. Best Co. has affirmed the financial strength rating of “B” (Fair) and the issuer credit rating (ICR) of “bb” of Kenya’s East Africa Reinsurance Company Limited (EARE) with a stable...
Best Affirms Turkey’s Milli Re ‘B+’ Rating; Revises Outlook to Positive
Oct 5 2006 // A.M. Best Co. has affirmed the financial strength rating of “B+” (Very Good) and the issuer credit rating (ICR) of “bbb-” for Turkish reinsurer Milli Reasurans Turk Anonim Sirketi (Milli Re). Best...
New Markets
Sep 25 2006 // Liability Long Term Care Facilities Nuts & Bolts: Houston, Texas-based London American Risk Specialists Inc. is offering CareSurance, a new liability insurance program designed to meet the needs of skilled, assisted...
New Markets
Sep 25 2006 // Third Party Harassment and Discrimination Nuts & Bolts: Monoline third party harassment and discrimination coverage is offered by Quadrant Insurance Managers. This product covers businesses for discrimination,...
New Markets
Sep 25 2006 // Liability Long Term Care Facilities Nuts & Bolts: Houston-based London American Risk Specialists Inc. is offering CareSurance, liability insurance for skilled, assisted and independent long term care facilities. The...
New Markets
Sep 25 2006 // New Builder Construction Nuts & Bolts: Abram Interstate Insurance Services Inc. in Rocklin, Calif., is offering a new owner builder course of construction policy in California. Coverage is written on a homeowners HO-3...
New Markets
Sep 25 2006 // Liability Long Term Care Facilities Nuts & Bolts: Houston, Texas-based London American Risk Specialists Inc. is offering CareSurance, a liability insurance program for skilled, assisted and independent long term care...
New Markets
Sep 25 2006 // Third Party Harassment and Discrimination Nuts & Bolts: Monoline third party harassment and discrimination coverage is offered by Quadrant Insurance Managers. This product covers businesses for discrimination,...
New Markets
Sep 25 2006 // Liability Long Term Care Facilities Nuts & Bolts: Houston, Texas-based London American Risk Specialists Inc. is offering CareSurance, a new liability insurance program designed to meet the needs of skilled, assisted...
New Markets
Sep 25 2006 // New Builder Construction Nuts & Bolts: Abram Interstate Insurance Services Inc. in Rocklin, Calif., is offering a new owner builder course of construction policy in California. Coverage is written on a homeowners HO-3...
Best Affirms NZ’s Pioneer ‘B+ Rating; Revises Outlook to Negative
Sep 14 2006 // A.M. Best Co. has affirmed the financial strength rating of “B+” (Very Good) of New Zealand’s Pioneer Insurance Company Limited, but it has revised the outlook to negative from stable. Best also assigned...
Best Upgrades SCOR Ratings to ‘A-‘
Sep 11 2006 // SCOR’s “Back on Track” restructuring strategy finally paid off as the French reinsurer regained its “A” rating from A.M. Best Co. The rating agency announced that it has upgraded the financial...
Best Affirms ‘A’ Rating of Markel’s Lloyd’s Syndicate 3000
Sep 8 2006 // A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) and issuer credit rating (ICR) of “a” of Lloyd’s Syndicate 3000. The outlook on both ratings remains...
