November 19, 2015
A.M. Besthas revised the outlook for the issuer credit ratings (ICR) to positive from stable and affirmed the financial strength rating (FSR) of “A” (Excellent) and the ICRs of “a” of Aspen Insurance UK Ltd., Aspen Bermuda Ltd., Aspen American …
March 24, 2015
There will be heavy interest fromforeign investors in India’s insurance sector now that global insurers are permitted to increase their stakes in Indian companies, according to a new briefing from A.M. Best. The Best’s briefing, titled “India’s New Legislation Will …
February 18, 2015
A.M. Best said Wednesday it has downgraded the financial strength rating to A (Excellent) from A+ (Superior) and the issuer credit ratings to “a+” from “aa-” of The Philadelphia Contributionship for the Insurance of Houses from Loss by Fire Inc. …
February 18, 2015
The recent unveiling by the European Central Bank (ECB) of its large-scale sovereign bond buying program is just one of the pressure points building in Europe that could affect insurers and reinsurers’ balance sheets, said A.M. Best in a new …