Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
Atlantic Mutual ratings fall as surplus drops $100 million
Mar 20 2006 // Ratings analysts who downgraded personal lines insurer Atlantic Mutual earlier this month will be meeting with the company in the coming weeks to review results of the fourth quarter and all of 2005 before deciding what to...
Best Affirms FSR for Lloyd’s Syndicate 609; Outlook is Stable
Mar 16 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 609 (United Kingdom), which is managed by Atrium Underwriters...
Best Places Ratings for Lancashire Insurance Co. Under Review
Mar 15 2006 // A.M. Best Co. has placed the financial strength rating (FSR) of A- (Excellent) and issuer credit rating (ICR) of “a-” of Lancashire Insurance Company (Lancashire) under review with negative implications....
Best Affirms Lloyd’s Synd. 958 Ratings
Mar 10 2006 // A.M. Best Co. announced that it has affirmed its Syndicate Rating of “A” (Excellent) and the issuer credit rating of “a+” of Lloyd’s Syndicate 958 with a stable outlook. “The ratings...
A.M. Best ‘Downgrades’ Vesta Insurance Group
Mar 9 2006 // Birmingham, Ala.-based Vesta Insurance Group Inc. has announced that A.M. Best has downgraded the company’s property casualty subsidiaries’ ratings to C++ (Marginal) from B (Fair). Best’s Ratings reflect...
Best Affirms FSR for Lloyd’s Syndicate 1225; Outlook is Stable
Mar 6 2006 // A.M. Best Co. has affirmed the Best’s Syndicate Rating of A (Excellent) and issuer credit rating (ICR) of “a” of Lloyd’s Syndicate 1225 (United Kingdom), which is managed by AEGIS Managing Agency...
Quanta Reports Increased Q4 Loss; Best Lowers Ratings
Mar 3 2006 // Quanta Capital Holdings Ltd. has reported preliminary financial results for the fourth quarter and full-year ended Dec. 31, 2005, “subject,” the company said, “to completion of review by its...
Best Affirms FSR for Chubb
Mar 2 2006 // A.M. Best Co. has affirmed the financial strength rating (FSR) of A++ (Superior) of the property/casualty subsidiaries of The Chubb Corporation (Chubb) and has affirmed the issuer credit ratings (ICR) of “aa-”...
A.M. Best Gives FFVA Mutual an ‘A’
Feb 28 2006 // FFVA Mutual Insurance Company of Maitland, Fla. has been awarded an A rating (Excellent) from A.M. Best Company. It also received a “stable” outlook rating, indicating it is experiencing stable financial/market...
Best Downgrades Rating for PXRE
Feb 17 2006 // A.M. Best Co. has downgraded the financial strength rating to B++ (Very Good) from A- (Excellent) and the issuer credit ratings (ICR) to “bbb” from “a-” for the reinsurance subsidiaries of the PXRE...
Best Continues Negative Outlook on U.S. Commercial Sector
Feb 17 2006 // A.M. Best Co. has completed its assessment of the U.S. commercial market and is extending its negative outlook for 2006. As a consequence, A.M. Best anticipates that there will be few rating upgrades or positive rating...
Best Maintains Negative Outlook on U.S. and Bermuda Re Sectors
Feb 16 2006 // A.M. Best Co. announced that after completing an assessment of the U.S. and Bermuda reinsurance markets, it is extending its negative outlook for 2006. Best said it “anticipates that there will be few if any rating...
A.M. Best: P/C Industry Reports Underwriting Loss
Feb 14 2006 // Driven by the largest natural catastrophe in U.S. history, Hurricane Katrina, the U.S. property/casualty industry’s underwriting loss was $2.8 billion for the first nine months of 2005, reversing the $3.4 billion...
Best Reacts to AIG Settlement
Feb 9 2006 // A.M. Best Co. maintains its existing under review status of the financial strength ratings (FSR) of member companies of American International Group Inc. (AIG) following AIG’s announcement that it has reached a $1.64...
Best Affirms FSR for Lloyd’s Syndicate 958; Outlook Remains Stable
Feb 7 2006 // A.M. Best Co. has affirmed the Best’s Syndicate Rating of A (Excellent) and the issuer credit rating of “a+” of Lloyd’s Syndicate 958 (United Kingdom). The outlook for both ratings remains...
New Markets
Feb 6 2006 // Non-Standard Medical MalpracticeNuts & Bolts: NAS Insurance Services has broadened its non-standard medical malpractice insurance to virtually all physicians specialists — plastic/cosmetic surgeons, emergency...
New Markets
Feb 5 2006 // New Markets Nuts & Bolts: NAS Insurance Services has broadened its non-standard medical malpractice insurance to virtually all physicians specialists – plastic/cosmetic surgeons, emergency room physicians, lasik...
Best Downgrades FSR for Louisiana Farm Bureau; Outlook Negative
Jan 18 2006 // A.M. Best Co. has downgraded the financial strength rating to B+ (Very Good) from A- (Excellent) of Louisiana Farm Bureau Mutual Insurance Company (LFB) (Baton Rouge, La.). The rating has been removed from under review and...
Best Affirms FSR for Aspen
Jan 17 2006 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and the issuer credit rating (ICR) of “a” of Aspen Insurance UK Limited (AIUK) (United Kingdom). At the same time, A.M. Best has...
Best Assigns ‘B+’ FSR Rating to Turkey’s Milli Reasurans
Jan 4 2006 // A.M. Best Co. announced that it has assigned a financial strength rating (FSR) of “B+” (Very Good) and an issuer credit rating (ICR) of “bbb-” to Turkish reinsurer Milli Reasurans Turk Anonim...
