A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Puerto Rico-based QBE Optima Insurance Company, both with stable outlooks. The ratings of QBE Optima reflect its “solid risk-adjusted capitalization, profitable …
A.M. Best Co. has assigned a debt rating of “bbb” to $130 million 5.70 percent senior unsecured fixed interest notes due in 2022 of the recently filed offering by Bermuda-based Lancashire Holdings Limited. The net proceeds from the debt issuance …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of UK-based Electrical Contractors’ Insurance Company Limited (ECIC), both with stable outlooks. ECIC’s risk-adjusted capitalization is “likely to …
A.M. Best Europe – Rating Services Limited has removed from under review with negative implications and affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Ukraine’s Lemma Insurance Company. The outlook assigned to both …
