Best Sees ‘Growing Pressure’ for Higher P/C Insurance Rates May 17, 2011 There is “growing pressure” to support increased rates in property/casualty insurance and reinsurance markets, rating agency A.M. Best has concluded...
Best’s Analysis Concludes Solvency II Will Transform EU Captive Insurers May 13, 2011 Although it has been coming for more than 10 years, the European Union’s Solvency II regulations covering the community’s insurance...
A.M. Best Revises Outlook, Affirms Financial Rating of Andover Cos. May 12, 2011 Ratings firm A.M. Best Co. has revised the outlook to negative from stable and affirmed the issuer credit ratings of...
Ratings Recap: Keystone, Forestry Mutual, Residential Re, National Unity, Dakota May 12, 2011 A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from’ B++’ (Good) and the issuer credit...
Best Revises Outlook on BP’s Jupiter to Stable; Affirms Ratings May 10, 2011 A.M. Best Europe – Rating Services Limited has revised the outlook to stable from negative and affirmed the financial strength...
Best Affirms No. Am. Casualty Financial Ratings; Upgrades Debt May 10, 2011 A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” of North American Casualty Group (NAC)...
P/C Insurer Failures in 2010 Unrelated to Catastrophes: A.M Best May 10, 2011 The majority of the 11 financially impaired property/casualty companies in 2010 got into trouble primarily due to deficient loss reserves...
Best Withdraws Syria’s Arab Union Ratings Due to Libya Sanctions May 10, 2011 A.M. Best Europe – Rating Services Limited has withdrawn the financial strength rating of ‘B’ (Fair) and the issuer credit...
Ratings Roundup: Aviva/Delta Lloyd, Montana Re (cat bonds), Montpelier Re (notes), Arab Orient May 9, 2011 A.M. Best Europe – Rating Services Limited has commented that the ratings for the UK’s Aviva plc and its subsidiary...
Best Named First Rating Agency Approved in New Zealand May 3, 2011 A.M. Best Asia Pacific Ltd has become the first rating agency to be approved by the Reserve Bank of New...