upgrade News

Federated Rural Electric Insurance Exchange Rating Upgraded

A.M. Best Co. has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and issuer credit rating to “a” from “a-” of Federated Rural Electric Insurance Exchange (FREIE or the Exchange) in Lenexa, Kan. The outlook for both …

Webcetera Releases Major Update to Industry Leading EZLynx® Software

Flower Mound, TX, 03/01/12 – Webcetera, L.P., the company behind the innovative EZLynx® platform, has released a major update to their flagship software. EZLynx® 3.0 is a substantial upgrade to the industry leading comparative rater and agency management system that …

Best Upgrades Validus Re’s Ratings; Outlook Revised to Stable

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 …

Best Revises AIG and Subs Outlook to Stable; Affirms Ratings

A.M. Best Co. has revised the outlook to stable from negative and affirmed the issuer credit rating (ICR) of “bbb” of American International Group. It has also revised the outlook to stable from negative and affirmed the financial strength ratings …

Best Upgrades Arch Re, Operating Affiliates Ratings to ‘A+’

A.M. Best Co. has upgraded the financial strength ratings (FSR) to ‘A+’ (Superior) from ‘A ‘(Excellent) and the issuer credit ratings (ICR) to “aa-” from “a+” of Bermuda-based Arch Reinsurance Ltd., as well as those of its strategic affiliates and …

Best Upgrades Swiss Re’s Ratings to ‘A+’; Outlook Stable

A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and issuer credit ratings (ICR) to “aa-” from “a+” of Swiss Reinsurance Company Ltd. and its subsidiaries. Best has also upgraded the senior and …

S&P Upgrades Swiss Re and Core Subsidiaries to ‘AA-‘; Outlook Stable

Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Zurich-based reinsurer Swiss Reinsurance Co. Ltd., and its core subsidiaries (collectively Swiss Re, or the group) to ‘AA-‘ from ‘A+’. The outlook on …

S&P Affirms Liberty Mutual, Affiliates Ratings; Revises Outlook to Positive

Standard & Poor’s Ratings Services has revised its outlook on Liberty Mutual Group (LGMI, and the members of the Liberty Mutual Intercompany Pool, the Peerless Intercompany Pool, and other rated insurance affiliates (collectively, Liberty) to positive from stable. S&P also …

Best Upgrades Greenlight Re’s Ratings to ‘A’; Outlook Stable

A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit rating (ICR) to ‘a’ from ‘a-‘ of Cayman Islands-based Greenlight Reinsurance, Ltd., and has also affirmed the FSR of ‘A-‘ …

Best Upgrades Lancashire’s Ratings to ‘A’; Outlook Stable

A.M. Best Co. has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit ratings (ICR) to “a” from “a-” of the Bermuda-based Lancashire Insurance Company Limited and Lancashire Insurance Company (UK) Limited. Best has also …