Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
New Markets
Jan 1 2006 // Fire and Water Restoration Plus Pollution and Mold Liability for Contractors Nuts & Bolts: Bonding and Insurance Specialists Agency is offering fire and water restoration contractors general liability plus...
Best Affirms Quanta Group’s ‘A-‘ Ratings; Outlook Negative
Dec 27 2005 // A.M. Best Co. announced that it has affirmed the financial strength ratings (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” of Bermuda-based Quanta Reinsurance Ltd. (Quanta Re) and its...
Best Assigns ‘A-‘ Rating to Allianz Marine & Aviation
Dec 23 2005 // A.M. Best Co. announced that it has assigned a financial strength rating of “A-” (Excellent) and an issuer credit rating (ICR) of “a-” to Germany’s Allianz Marine & Aviation...
Best Assigns ‘A-‘ Ratings to Bermuda Start-Up Flagstone Re
Dec 21 2005 // A.M. Best Co. announced that it has assigned a financial strength rating of “A-” (Excellent) and an issuer credit rating of “a-” to Bermuda- start-up Flagstone Reinsurance Limited, and has given the...
Best Affirms Syndicate 382 Ratings
Dec 20 2005 // A.M. Best Co. announced that it has affirmed the Best’s Syndicate Rating of A (Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 382 with a stable outlook. “Syndicate...
Best Rates U.K.’s Hiscox, Lloyd’s Syndicate, Bermuda Start-Up
Dec 19 2005 // A.M. Best Co. has announced its credit ratings on U.K. specialist and Lloyd’s insurer Hiscox plc. and its operating entities. It affirmed the financial strength rating (FSR) of “A-” (Excellent) and the...
A.M. Best Report: Terrorism – Too Risky Without TRIA
Dec 19 2005 // A.M. Best Co. believes terrorism is too risky without some sort of backstop to protect insurance companies providing coverage on a primary basis. The expiration of the Terrorism Risk Insurance Act (TRIA) of 2002 without...
Best Assigns Amlin’s New Bermuda Company an ‘A-‘ Rating
Dec 16 2005 // Following its affirmation of the parent company’s ratings (See previous article), A.M. Best Co. announced that it has assigned a financial strength rating of “A-” (Excellent) and an issuer credit rating...
Best Affirms FSR for Jupiter Insurance
Dec 14 2005 // A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) of Jupiter Insurance Ltd. (Jupiter) (Guernsey) and has assigned an issuer credit rating (ICR) of “aa-“. The outlook on both...
Best Assigns FSR to Validus Re
Dec 13 2005 // A.M. Best Co. has assigned a financial strength rating (FSR) of A- (Excellent) and an issuer credit rating of “a-” to Validus Reinsurance Ltd. (Validus) (Bermuda). The ratings have a stable outlook. Validus...
Best Study Analyzes Catastrophe Rating Methodology
Nov 22 2005 // A.M. Best Co. has issued a study, which concludes that catastrophic loss, both natural and man-made, is “the number one threat to the financial strength and credit quality of property and casualty insurers due to the...
Best Assigns “a-” Rating to Ameriprise
Nov 17 2005 // A.M. Best Co. has assigned a debt rating of “a-” to Ameriprise Financial, Inc.’s announced issuance of $1.5 billion in senior unsecured notes to be drawn down from the $1.7 billion shelf registration...
A.M. Best Assigns FSR for Darwin Group, Subsidiaries
Nov 16 2005 // A.M. Best Co. has assigned financial strength ratings (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” to the operating companies of Delaware-based Darwin Group Inc. (DGI), which consists of...
A.M. Best Upgrades North Pointe Holdings Rating to B++
Nov 11 2005 // A.M. Best Co. has assigned an issuer credit rating (ICR) of “bb” to North Pointe Holdings Corp. and has upgraded the financial strength rating (FSR) to B++ (Very Good) from B+ (Very Good) of its subsidiary,...
Best Downgrades RenRe Ratings; Keeps Under Review/Negative
Nov 4 2005 // A.M. Best Co. followed Standard & Poor’s and Fitch Ratings (See IJ Web site Nov. 3) in downgrading the financial strength ratings (FSR) and debt ratings of the operating subsidiaries of Bermuda-based...
Mississippi Farm Bureau Downgraded by A.M. Best
Nov 4 2005 // A.M. Best Co. has downgraded the financial strength rating to B (Fair) from A- (Excellent) of Mississippi Farm Bureau Mutual Insurance Company of Jackson, Miss. The rating remains under review with negative...
Best Downgrades FSR for Endurance
Nov 2 2005 // A.M. Best Co. has downgraded the financial strength rating (FSR) to A- (Excellent) from A (Excellent) and the issuer credit rating (ICR) to “a-” from “a” of Endurance Specialty Insurance Ltd....
Best Affirms FSR for Arch Insurance Co. (Europe)
Nov 1 2005 // A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Arch Insurance Company (Europe) Limited (Arch Europe) (United Kingdom). The outlook for both...
Best Affirms PartnerRe S.A. Ratings
Oct 28 2005 // Along with affirming the parent company’s ratings (See previous article), A.M. Best Co. announced that it has affirmed the financial strength rating of “A+†(Superior) and the issuer credit rating of...
Best Removes Allmerica from Under Review; Assigned Stable Outlook
Oct 18 2005 // A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” of the publicly-traded holding...
