Ratings

Factory Mutual Affirmed

The “AA-” insurer FSR on Factory Mutual Insurance Company (FM Global) was affirmed by Fitch. Also, Fitch assigned an “AA-”...

Independent Insurance Lowered

S&P lowered its counterparty credit and insurer FSR on Independent Insurance Co. Ltd. to “BBB+” from “A,” and revised the...

Aon Corp. on WatchNeg

The ratings of Aon Corp. and its subsidiaries were put on CreditWatch with negative implications by Standard & Poor’s (S&P)...

Legion Ins. Group Affirmed

The “A-” FSR of Legion Insurance Group, comprised of Legion Insurance Co., Legion Indemnity Co. and Villanova Insurance Co., was...

Highlands Lowered

The “B++” FSR of Highlands Insurance Group Inc. was downgraded to “B” by A.M. Best, which also removed that rating...

Worldwide Reassurance Affirmed

The “A-” long-term counterparty credit rating and insurer FSR on Worldwide Reassurance Co. Ltd. was affirmed by S&P. Rating factors...

First Beacon Assigned ‘B++’

A “B++” FSR was assigned to First Beacon Insurance Company, Burlington, Vt., by A.M. Best. Cited as major rating factors...

PHICO Group Downgraded

A.M. Best Company downgraded the financial strength rating (FSR) of The PHICO Group of Mechanicsburg, Pennsylvania, from “B++” to “B.”...

Swiss Re Affirmed

The “AAA” counterparty credit and insurer financial strength rating on Swiss Reinsurance Co. (SRZ) and related core subsidiaries were affirmed...

Statewide Downgraded

The “BBBpi” FSR on Statewide Insurance Co. (IL) was lowered to “BBpi” by S&P. The rating action was based on...

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