Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
Ratings Recap: Church Mutual, Ocean Harbor, HSBC (Del.), Golden RRG, Southern Pioneer, Affirmative
Jun 20 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and downgraded the issuer credit ratings (ICR) to “a” from “a+” of Wisconsin-based Church Mutual...
Ratings Recap: Arab Misr, L’Union Canadienne, Gulf Insurance, Island Heritage, Eastern Re
Jun 19 2012 // A.M. Best Europe – Rating Services Limited has downgraded the issuer credit rating (ICR) to “bbb” from “bbb+” and affirmed the financial strength rating (FSR) of ‘B++’ (Good) of...
Business Moves – South Central
Jun 18 2012 // Southport Lane, Lonestar Holdco, Dallas National Southport Lane, a New York-based private equity firm, through its subsidiary Lonestar Holdco LLC, will acquire Dallas National Insurance Co., a Texas based property and...
Ratings Recap: DTRIC, Kansas Bankers, ProAssurance, American Federated
Jun 15 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Honolulu-based DTRIC Insurance Company Limited and its reinsured...
Ratings Recap: Farmers Mutual (NZ), Lloyd’s Syndicate 1084, Pacific Indemnity, Caribbean Alliance
Jun 14 2012 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of the New Zealand-based Farmers’ Mutual Group (FMG) and FMG Insurance Limited...
Ratings Recap: Dubai Insurance, Legal & General, London General
Jun 6 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb” of the United Arab Emirates’ Dubai Insurance Company...
Florida Cat Fund’s Financial Condition Triggers A.M. Best Review of Insurer Ratings
Jun 4 2012 // Insurers writing homeowners coverage in Florida could see a revision in their financial ratings after one of the nation’s top rating companies announced it will reconsider them in light of the financial problems...
Southport Lane to Acquire Dallas National Insurance Co.
May 31 2012 // Southport Lane, a New York-based private equity firm, through its subsidiary Lonestar Holdco LLC, will acquire Dallas National Insurance Co., a Texas based property and casualty insurer. Dallas National, a subsidiary of...
A.M. Best Revises Outlook of First Chicago Insurance Co.
May 28 2012 // A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating of C+ (Marginal) and issuer credit rating of “b-” of First Chicago Insurance Co. (First Chicago) in...
Ratings Roundup: Top Layer Re, Ardellis, BEST RE
May 22 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of Bermuda-based Top Layer Reinsurance Ltd., both with stable outlooks. Best...
A.M. Best Downgrades Ratings of Gramercy Insurance Co.
May 21 2012 // A.M. Best Co. announced it has downgraded the financial strength rating to C++ (Marginal) from B (Fair) and issuer credit rating to “b” from “bb” of Gramercy Insurance Co. (GIC) in Dallas, Texas....
Best Opens Office in Dubai International Financial Center
May 21 2012 // A.M. Best Co. announced the formal opening of its new office in the Dubai International Finance Centre (DIFC) in Dubai, UAE. The office is located in Tower 2, Currency House, DIFC, and “will operate as A.M. Best...
Ratings Recap: Badger, So. Carolina Farm, Louisiana Farm, Colorado Farm
May 15 2012 // A.M. Best Co. has downgraded the financial strength rating to ‘A-‘ (Excellent) from ‘A’ (Excellent) and issuer credit rating to “a-” from “a” of Milwaukee-based Badger Mutual...
Ratings: North Country, Liberty Mutual (notes), Allstate (shelf), Am. Freedom
May 9 2012 // A.M. Best Co. has upgraded the financial strength rating to ‘A-‘ (Excellent) from ‘B++’ (Good) and issuer credit rating to “a-” from “bbb+” of Watertown, New York-based North...
Gonzalez to Head New A.M. Best Miami Office for Latin American Business
May 8 2012 // A.M. Best Co. announced that it has opened an office in Miami, Florida to serve the growing market for insurance ratings in the Latin American region. Rating analytics for Latin American companies will continue to be...
A.M. Best Opens Miami Office
May 7 2012 // A.M. Best Co. has opened an office in Miami, Florida to serve the market for insurance ratings in the Latin American region. The Miami office will be used for management meetings and other activities focused on the Latin...
A.M. Best: Century-National Upgraded to A
May 2 2012 // 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 Century-National Insurance Co. in North Hollywood, Calif....
A.M. Best Downgrades Ratings of Missouri’s Gateway Insurance
May 2 2012 // 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 Gateway Insurance Co.y (Gateway) of St. Louis, Mo. The outlook...
Ratings Recap: Gateway, State Mutual, Discovery, Southern Mutual
May 1 2012 // 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 St. Louis-based Gateway Insurance...
Best Affirms Horace Mann Educators and Subs ‘A-‘ Ratings
Apr 27 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the property/casualty group, Horace Mann Insurance Group and its...
