AM Best ratings News

AM Best Issues Improved Outlooks for Barnstable Group in Massachusetts

AM Best has revised its outlooks to stable from negative and affirmed its Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Ratings of “a” (Excellent) for the members of Barnstable Group, which includes Barnstable County Mutual Insurance Co. …

Credit Ratings for New York Schools Insurance Reciprocal Downgraded

AM Best has downgraded the Financial Strength Rating to A-(Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” (Excellent) from “a” (Excellent) of New York Schools Insurance Reciprocal (NYSIR) in (Uniondale. The outlook of these …

AM Best Revises Outlooks to Negative for Utica First Insurance

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Utica First Insurance Co., based in Oriskany, New York. The ratings …

AM Best Places Ratings of R&Q and Subsidiaries Under Review with Neg. Implications

AM Best has placed under review with negative implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of R&Q Insurance Holdings’ three wholly owned program management subsidiaries: Accredited Surety and Casualty Co. …

MS Amlin’s Long-Term Issuer Credit Rating Downgraded by AM Best

AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a+” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of MS Amlin AG (Switzerland). The outlook of the Long-Term ICR has been …

AM Best Downgrades SCOR’s Ratings

AM Best announced Thursday that it has downgraded the financial strength rating to A (excellent) from A+ (superior) and the long-term issuer credit ratings to “a+” (Excellent) from “aa-” (Superior) of SCOR SE and its main operating subsidiaries. The rating …

AM Best Gives A+ Rating to PartnerRe’s New MGA-Driven Insurance Ops

AM Best has assigned an A+ financial strength rating of A+ (Superior) to PartnerRe Insurance Solutions Bermuda Ltd. (PartnerRe Ins Solutions BM Ltd), a newly added member of PartnerRe Ltd. The ratings outlook is stable. According to an AM Best …

AM Best Revises Mid-Hudson Group Outlooks to Negative, Affirms Ratings

AM Best has revised the outlooks to negative from stable while affirming the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Claverack Cooperative Insurance Co., Midrox Insurance Co. and Mid-Hudson Co-Operative Insurance …

Fidelis’ Credit Ratings Under Review After Announcing Plan to Create MGU: AM Best

AM Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Fidelis Insurance Bermuda Ltd., Fidelis Underwriting Ltd. (in the UK) and Fidelis Insurance Ireland …

AM Best Removes Ratings of Oklahoma’s Sutton Specialty From Under Review

AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of Sutton Specialty Insurance Company (Sutton Specialty) (Oklahoma City, OK), …