ratings A.M. Best News

Best Affirms Everest Re Group and Affiliates Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Bermuda-based Everest Reinsurance and its reinsurance and insurance affiliates. Best also affirmed the ICRs of “a-” of Everest Re …

Best Affirms Catlin Group and Subs Ratings; Outlook Stable

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Catlin Insurance Company Limited (CICL), based in Bermuda, Catlin Insurance Company (UK) Ltd. and Catlin …

Ratings Roundup: Al Fajer, Tunis Re, Eastern Re

A.M. Best Europe – Rating Services Limited has revised the outlook to stable from negative and affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb+” of Kuwait’s Al Fajer Retakaful Insurance Company K.S.C. (Closed).Best said …

Ratings Recap: American European, Liberty Mutual (Notes), Pacific Comp., IFA

A.M. Best Co. has downgraded the financial strength rating to ‘B’ (Fair) from ‘B+’ (Good) and issuer credit rating to “bb+” from “bbb-” for American European Insurance Company and its wholly owned subsidiaries, Rutgers Casualty Insurance Company and Rutgers Enhanced …

Ratings Roundup: Wind River, InnovAssur, Radius

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Wind River Reinsurance Company, Ltd. and its U.S. subsidiaries. Best has also affirmed the ICR of “bbb” of …

Best Upgrades ProAssurance and Some Subs Ratings; Outlook Stable

A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and the issuer credit ratings (ICR) to “aa-” from “a+” of the subsidiaries of ProAssurance Corporation (PRA). These include: ProAssurance Casualty Company, based in …

Ratings Recap: Seaworthy, Central States Indemnity,Berkshire Hathaway Homestate

A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa” of Seaworthy Insurance Company, based in Annapolis, Maryland, both with stable outlooks. The ratings reflect Seaworthy’s “supportive capitalization, historically favorable underwriting results …

Best Revises Outlook to Positive, Affirms Ratings of ACE European Group Ltd.

Following its ratings report for the ACE Ltd. Group, A.M. Best Europe – Rating Services Limited has revised the outlook to positive from stable and affirmed the financial strength rating of ‘A+’ (Superior) and the issuer credit rating of “aa” …

Best Revises Outlook to Positive for ACE Ltd., Most Subs; Affirms Ratings

A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength ratings (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of the North America property/casualty subsidiaries of ACE Limited, which is domiciled …

Best Affirms Mitsui Sumitomo’s U.S. Subs Ratings; Upgrades Aioi Nissay U.S.

In conjunction with its affirmation of the parent company, A.M. Best Co. has also affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit ratings (ICR) of “aa” of Mitsui Sumitomo Insurance Company of America (MSIA) and …