A.M. Best’s ‘A-‘ Rating Not as Good as It Seems: Fitch July 14, 2016 Fitch Ratings this week warned that users of insurance ratings from four large credit rating agencies (CRAs) fail to understand...
Ratings of Missouri-Based National Fire and Indemnity Exchange Downgraded July 12, 2016 A.M. Besthas downgraded the financial strength rating (FSR) to B++ (Good) from A- (Excellent) and the issuer credit ratings (ICR)...
A.M. Best: Outlook Stable for Southern Pioneer Property and Casualty Insurance July 7, 2016 A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of B++ (Good) and...
‘A-‘ Rating Assigned to The Gray Insurance Co. of Louisiana July 6, 2016 A.M. Best has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of “a-” to The...
AXIS Capital’s New Bermuda Operation, Harrington Re, Raises $600M July 6, 2016 Harrington Re, a fledgling Bermuda operation sponsored by AXIS Capital Holdings Ltd., has raised $600 million in capital designed to...
A.M. Best Affirms Ratings of Markel Int’l & Lloyd’s Syndicate 3000 July 5, 2016 A.M. Besthas affirmed the financial strength ratings of A (Excellent) and the issuer credit ratings of “a+” of UK-based Markel...
French & German Floods to Hit Insurers’ Earnings but Not Ratings: A.M. Best June 27, 2016 The earnings of French and German insurers during the first half of 2016 will be dampened by flood claims following...
Persistent Soft Market Begins to Hit Reinsurer Stock Prices: A.M. Best June 15, 2016 By L.S. Howard While global reinsurers are continuing to withstand challenging market conditions, their stock prices, on average, are starting to take a...
Outlook for Farmers Alliance Mutual Insurance Revised to Negative June 14, 2016 A.M. Best has revised the outlook to negative from stable and affirmed the financial strength rating of C++ (Marginal) and...
A.M. Best Removes Atlantic Casualty from Under Review, Upgrades Ratings June 13, 2016 A.M. Best has removed from under review with positive implications and upgraded the financial strength rating (FSR) to A (Excellent)...