Tunisia News

Best Upgrades Company Ratings after Country Risk Methodology Review

A.M. Best Co. announced that it has upgraded the ratings of a nember of companies -l isted below – following a review of the application of its country risk methodology within the rating process. Best explained that as part of …

Ratings Recap: Max Capital, Kenya Re, Tunis Re, Gothaer, Chung Kuo

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and the issuer credit ratings (ICR) of “a-” of Max Bermuda Ltd. and its affiliated companies. Best also affirmed the ICR of “bbb-” of Max Capital Group …

S&P Rates Dubai’s Salama ‘BBB+’; Upgrades B.E.S.T. Re to ‘BBB+’

Standard & Poor’s Ratings Services has assigned its “BBB+” long-term counterparty credit and insurer financial strength ratings to Salama/Islamic Arab Insurance Co. (P.S.C.) (Salama/IAIC), located in Dubai, United Arab Emirates. S&P also raised the long-term counterparty credit and insurer financial …

Best Upgrades, Affirms B.E.S.T. Re Ratings

A.M. Best Co. has upgraded the issuer credit rating to “bbb+” from “bbb” and has affirmed the financial strength rating of B++ (Good) of Tunisia’s B.E.S.T. Reinsurance with a stable outlook. . “The ratings of BEST Re reflect the rating …

Rates UAE’s SALAMA ‘B++’

A.M. Best Co. has assigned a financial strength rating of “B++” (Good) and an issuer credit rating of “bbb+” to the United Arab Emirates SALAMA Islamic Arab Insurance Co. (P.S.C.) with a stable outlook. “The ratings reflect the company’s strong …

S&P Revises B.E.S.T. Re Outlook to Positive; Affirms ‘BBB’ Ratings

Standard & Poor’s Ratings Services has revised its outlook to positive from stable on Tunisia-based reinsurer B.E.S.T. Reinsurance Co. (Best Re). S&P also affirmed the Company’s ‘BBB’ long-term counterparty credit and insurer financial strength ratings. “The outlook revision reflects Best …

Best Affirms B.E.S.T. Re ‘B++’ Ratings

A.M. Best Co. announced that it has affirmed the financial strength rating of “B++” (Very Good) and the issuer credit rating of “bbb” of Tunisia-based B.E.S.T. Reinsurance. The outlook on both ratings remains stable. “The ratings reflect BEST Re’s consistently …

Best Affirms Tunisia’s B.E.S.T Re ‘B++’ Ratings

A.M. Best Co. announced that it has affirmed the financial strength rating of “B++” (Very Good) of Tunisia’s B.E.S.T. Reinsurance (BEST Re). It also assigned an issuer credit rating (ICR) of “bbb” to the company. The outlook on all ratings …

Best Affirms Rating of Tunisia’s BEST Reinsurance

A.M. Best Co. announced that it has, affirmed the financial strength rating of B++ (Very Good) of Tunisia’s BEST Reinsurance (BEST Re), reflecting the company’s “improved level of consolidated risk-adjusted capitalisation, consistently profitable underwriting performance and a diversified spread of …

Assurex Global Adds Latin American, African, North American Partners

Ohio-based Assurex Global, a privately held risk management and commercial insurance brokerage group, has expanded its worldwide presence with the addition of international broker partners in Lima, Peru and Tunis, Tunisia, as well as North American partners in Glastonbury, Conn.; …