Latest AM Best Headlines

All the headlines from our AM Best Topic Page, ordered by recency.

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

Jun 20 2013 // 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...

A.M. Best: Outlook Negative for Imperial Fire and Casualty Insurance

Jun 18 2013 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of Opelousas, La.-based Imperial Fire and Casualty...

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

Jun 17 2013 // 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...

Ratings: Heddington, Bosna Re, Arden Re, Syndicate 609, Asia Capital Re (notes)

Jun 13 2013 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Bermuda-based Heddington Insurance Limited, both with stable outlooks. The ratings...

Best Affirms RenaissanceRe; Top Layer Re Ratings; Outlooks Stable

Jun 13 2013 // RenRe and Affiliates A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Renaissance Reinsurance Ltd. (RenRe) and...

Ratings Recap: Iron Horse, Dallas National, Armed Forces, Sooner, Harford Mutual, Philadelphia Contributionship

Jun 3 2013 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Vermont-based Iron Horse Insurance Company, both with stable outlooks. Best said the...

A.M. Best Revises Ohio’s Buckeye Outlook to Negative

May 30 2013 // A.M. Best Co. has revised the outlook to negative from stable of Piqua, Ohio-based Buckeye State Mutual Insurance Co. and its insurance affiliates. The ratings firm also affirmed the financial strength rating of B+ (Good)...

P/C Insurers’ Results Much Better in 2012 Than 2011: A.M. Best

May 28 2013 // Underwriting and operating results for the U.S. property/casualty (P/C) industry improved substantially in 2012 compared with 2011. Net income increased by nearly 52 percent to $39.9 billion from $26.3 billion, reflecting...

Ratings Recap: Dubai Insurance, Jupiter, Ardelis, TT Club

May 23 2013 // A.M. Best Europe – Rating Services Limited has revised the outlook to positive from stable and affirmed the issuer credit rating (ICR) of “bbb” and the financial strength rating (FSR) of ‘B++’...

A.M. Best Revises Outlook to Negative for Grange Mutual Fire Insurance Co.

May 16 2013 // A.M. Best Co. said it has revised the outlook to “negative” from “stable” and affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of Grange Mutual Fire...

Ratings Recap: PaCRe, Barbados, Cotswold, Orient, Kuwait Re

Apr 25 2013 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of Bermuda-based PaCRe Ltd., both with stable outlooks. The ratings of PaCRe are based...

Ratings Recap: Saturn, Western General, German Mutual, Accredited Surety

Apr 22 2013 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Vermont-based captive insurer Saturn Insurance Inc....

Virginia Farm Bureau Ratings Downgraded by A.M. Best

Apr 11 2013 // A.M. Best Co. said Wednesday it has downgraded the financial strength rating of Virginia Farm Bureau Mutual Insurance Co. in Richmond, Va., and its subsidiaries to B++ (Good) from A- (Excellent). Additionally, Oldwick,...

A.M. Best Downgrades Rating of LEMIC Insurance Co.

Apr 10 2013 // A.M. Best Co. announced it has downgraded the financial strength rating to B (Fair) from B+ (Good) and issuer credit rating to “bb” from “bbb-” of workers’ compensation insurer LEMIC Insurance...

A.M. Best Downgrades Madison Mutual Insurance Co.

Apr 8 2013 // A.M. Best Co. announced it has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and issuer credit rating to “bbb+” from “a-” of Madison Mutual Insurance Co. (Madison...

Ratings: Odyssey Re, National Fire, American Safety, N.J. Manufacturers, Blue Whale

Mar 29 2013 // A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of the Odyssey Reinsurance Group members....

Ratings Recap: Ansvar, ARABIA (Jordan), ARABIA (Lebanon), ARABIA (Saudi Arabia), Transmonde

Mar 29 2013 // A.M. Best Asia-Pacific Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Australia’s Ansvar Insurance Limited, both with stable...

A.M. Best: Outlook Negative for Columbia Mutual Insurance Co.

Mar 28 2013 // 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 ratings (ICR) of “a-” of Columbia Mutual Insurance Co....

A.M. Best: Outlook Negative for Ellington Mutual Insurance Co.

Mar 27 2013 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of B+ (Good) and issuer credit rating of bbb- of Ellington Mutual Insurance Co. (EMIC) of Hortonville, Wis. Best said...

Outlook for National Fire and Indemnity Exchange Revised to Negative

Mar 26 2013 // 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 (ICR) of “a-” of National Fire and Indemnity Exchange (NIE)...