A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings of “a” of Concord Group Insurance Pool and its member companies, Concord General Mutual Insurance Company, …
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating (ICR) to “a” from “a-” of Michigan-based Fremont Insurance Company, and has also affirmed the FSR of ‘A’ (Excellent) and …
A.M. Best Co. has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb+” of the Dominican Republic’s La Colonial, S.A. Compania de Seguros, both with stable outlooks. The ratings reflect La Colonial’s “profitable net results …
A.M. Best Co. has upgraded the financial strength rating (FSR) to A (Excellent) from A- (Excellent) and issuer credit rating (ICR) to “a” from “a-” of Fremont Insurance Co. (Fremont) of Fremont, Mich. In addition, A.M. Best has affirmed the …
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating (ICR) to “a” from “a-” of Bermuda-based Validus Reinsurance, Ltd., as well as the ICR to “bbb” from “bbb-“and debt …
A.M. best has downgraded the financial ratings of FFVA Mutual Insurance Co. due to underwriting losses on its workers’ compensation line of business, especially in states where it expanded outside of Florida. A.M. Best downgraded FFVA Mutual from A (excellent) …
A.M. Best Co. has affirmed the financial strength rating of ‘B’ (Fair) and issuer credit ratings (ICR) of “bb” of Illinois-based American Country Insurance Company and American Service Insurance Company, Inc. – members of the American Service Pool (ASI Pool). …
A.M. Best Co. has upgraded the financial strength rating to ‘A-‘ (Excellent) from ‘B++’ (Good) and the issuer credit rating to “a-” from “bbb+” of The Fuji Fire & Marine Insurance Company, Limited, and has removed both ratings from under …
In connection with its revision of its outlook on AIG, A.M. Best Co. has affirmed the financial strength ratings of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Chartis US Insurance Group and its members and the Lexington …
A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Costa Rica’s Instituto Nacional de Seguros (INS), both with stable outlooks. The ratings reflect “INS’ strong capitalization and liquidity position, diversified …
