Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
A.M. Best Affirms Rating of The Republic Group Companies
Nov 21 2008 // The Republic Group (Republic) announced A.M. Best Company has affirmed the rating of “A-” (Excellent) for each of the group’s companies. In addition to affirming the group’s current financial...
Ratings: Travelers (UK), Bison, Dubai Islamic, Milli Re, Hang Seng, LIG
Nov 19 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of UK-based Travelers Insurance Company Limited (TIC). The outlook for both ratings...
New Markets
Nov 16 2008 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Employer Stop Loss Market Detail: Markel...
Best Affirms Sirius ‘A’ Ratings
Nov 3 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of Sweden’s Sirius International Insurance Corporation with stable outlooks. The...
A.M. Best, Insurers Worry Financial Crisis Could Affect Florida’s Cat Fund
Nov 2 2008 // The Florida Hurricane Catastrophe Fund Advisory Council recently rattled the nerves of insurers when it presented its 2008 October bonding estimates. David Sampson, president of the Property Casualty Insurers Association...
Global Crisis Dominates A.M. Best’s London Conference
Nov 2 2008 // Execs Say Market Remains Attractive Even as Crisis Puts Pressure on Prices The by now all too familiar litany of the world’s financial woes took pride of place at A.M. Best’s conference in London on Oct. 15....
New Markets
Nov 2 2008 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Eliminate Forced Placed Coverage Market...
Exposure to Florida Catastrophe Fund Triggers A.M. Best Review
Oct 30 2008 // A.M. Best Co. says based on the credit market contraction and the uncertainty regarding the Florida Hurricane Catastrophe Fund’s ability to fund its claims-paying capacity, it placed several insurers’ ratings...
A.M. Best, Moody’s Affirm CNA Ratings Following Loews Cash Boost
Oct 28 2008 // Responding to news that Loews Corp., the parent company of commercial insurer CNA Financial Corp., will pour up to $1.25 billion into CNA to boost its surplus, rating agencies A.M. Best Co. and Moody’s said...
Ratings Roundup: CIBC Re, Exporters, Kenya Re, CISL
Oct 23 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Barbados-based CIBC Reinsurance Company Limited (CIBC Re) (Barbados) with stable...
Global Crisis Dominates A.M. Best’s London Conference
Oct 20 2008 // The by now all too familiar litany of the world’s financial woes took pride of place at A.M. Best’s well-attended conference (over 240 attendees) in London on October 15. Roger Sellek, the rating agency’s...
New Markets
Oct 20 2008 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Medi-Tourism Professional Liability Market...
A.M. Best, Insurers Concerned over Florida’s Catastrophe Fund Capabilities
Oct 16 2008 // The Florida Hurricane Catastrophe Fund Advisory Council recently presented its 2008 October bonding estimates, rattling the nerves of insurers in the process. While David Sampson, president and chief executive officer of...
Ratings: AMI, Cattolica, Seguros ING, BNY
Oct 13 2008 // A.M. Best Co. has upgraded the financial strength rating to ‘A+’ (Superior) from ‘A’ (Excellent) and the issuer credit rating to “aa-” from “a+” of New Zealand’s AMI...
S&P, A.M. Best Watching The Hartford’s Ratings
Oct 6 2008 // Rating analysts are taking a second look at The Hartford Financial Services Group in light of its recent hit on Wall Street, third quarter investment losses and infusion of outside capital. Analysts at A.M. Best Co. have...
New Markets
Oct 6 2008 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Entertainment Specialists Market Detail:...
Ratings Recap: Flagstone Re, Lehman Re, Lonpac, Allianz Suisse, Sunderland Marine, Ansvar
Oct 3 2008 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Flagstone Reassurance Suisse SA, as well as the ICR of “bbb-”...
A.M. Best: Economic Climate May Trigger a Turn in U.K. Cycle
Sep 30 2008 // Underwriting margins in the United Kingdom remain under pressure in 2008, despite positive rate movement in some sectors, according to a report by A.M. Best, which also suggested that the economic downturn could ultimately...
Ratings Roundup: Sovag, Syndicate 2003, Polish Re, Tunis Re
Sep 26 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘B++’ (Good) and the issuer credit rating (ICR) of “bbb” of Germany’s SCHWARZMEER UND OSTSEE Versicherungs-Aktiengesellschaft SOVAG...
Best to Hold Conference Today on Ike, AIG Rating, Other P/C Events
Sep 24 2008 // A.M. Best announced that a number of leaders of its insurance ratings team will address a variety of important property/casualty market issues in an online briefing set for today, Wednesday, September 24 at 9 a.m. Eastern...
