A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a” of Western Surety Group (Western Surety), previously known as CNA Surety Corp. Group (CNA Surety), and its members. Concurrently, A.M. …
A.M. Best Co. announced rating actions on both New Zealand’s AMI Insurance Limited, or the old AMI, and AMI Insurance (Operations) Limited, or the new AMI, following a substantial restructuring of the company in the wake of the earthquakes which …
A.M. Best Europe – Rating Services Limited has downgraded the financial strength rating to ‘A-‘ (Excellent) from ‘A’ (Excellent) and the issuer credit rating (ICR) to “a-” from “a” of UK-based Brit Insurance Limited (BIL), and has placed the ratings …
A.M. Best Co. has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit ratings of “bbb” of National General Insurance Corporation (NAGICO) N.V., based in St. Maarten, and Nagico Insurance Company Limited (NICL),which is based in Anguilla. The …
A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of “a+” of National Lloyds Insurance Co.(National Lloyds), as well as the FSR of A (Excellent) and ICR of “a” of American …
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Chicago-based First Nonprofit Insurance Company (FNIP). In addition Best has affirmed …
A.M. Best Europe – Rating Services Limited has upgraded the financial strength rating to ‘B++’ (Good) from B+ (Good) and the issuer credit rating to “bbb” from “bbb-” for Sweden’s SOLID Forsakringsaktiebolag, both with stable outlooks. Solid’s ratings reflect its …
A.M. Best Co. has upgraded the issuer credit rating to “bbb+” from “bbb” and affirmed the financial strength rating of ‘B++’ (Good) of Michigan Professional Insurance Exchange (MPIE), both with stable outlooks. The ratings reflect MPIE’s “strong risk-adjusted capitalization, long-term …
A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Vermont-based Saturn Insurance Inc., and has assigned a stable outlook to both ratings. Saturn is a captive …
A.M. Best Co. has downgraded the financial strength rating to B (Fair) from B++ (Good) and issuer credit rating to “bb” from “bbb” of Austin Mutual Insurance Co. (Austin Mutual) of Maple Grove, Minn. The outlook for both ratings is …
