Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
Ratings Recap: Arab Orient, Tristar, ASSA, Arabia, ACR Capital
Apr 27 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of United Arab Emirates-based Arab Orient Insurance...
Reinsurers Resilient Despite Catastrophes, Economic Uncertainty, Says A.M. Best
Apr 24 2012 // In a special report A.M. Best summed up the financial position of the global reinsurance industry as “resilient” in light of “the volatile economic conditions and the frequent and severe loss events of...
Ratings Recap: Insurance Barbados, Talanx (Notes), Ability Re, Newport Bonding
Apr 23 2012 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Insurance Corporation of Barbados Limited (ICBL), both with stable outlooks. The...
Best’s Special Vietnam Report Sees Continued Strong Growth
Apr 19 2012 // Vietnam’s insurance market has experienced strong double-digit premium growth in recent years and demand for insurance product is forecasted to continue, according to a recently released special report from A.M. Best...
A.M. Best Upgrades Issuer Credit Rating of Ohio’s Club Insurance
Apr 6 2012 // A.M. Best Co. has upgraded the issuer credit rating (ICR) to “bbb+” from “bbb” and affirmed the financial strength rating of B++ (Good) of Club Insurance Co. (Club) in Worthington, Ohio. The outlook...
Ratings: United Overseas, Aspen (Pref. Shares), BF&M, Island Heritage
Apr 6 2012 // A.M. Best Co. has assigned a financial strength rating of ‘A’ (Excellent) and an issuer credit rating of “a+” to Singapore-based United Overseas Insurance Limited (UOI); both ratings have a positive...
A.M. Best Affirms Ratings of Western Surety Group and Members
Apr 5 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a” of Western Surety Group (Western Surety), previously known as CNA Surety Corp. Group (CNA...
Ratings Recap: Solid, Jevco, Argus Group, Munich Re (bonds)
Apr 2 2012 // A.M. Best Europe – Rating Services Limited has upgraded the financial strength rating to ‘B++’ (Good) from B+ (Good) and the issuer credit rating to “bbb” from “bbb-” for...
Ratings Recap: ACS (NZ) Ltd., Transmonde, Risk Re, Ansvar Australia
Mar 27 2012 // A.M. Best Co. has downgraded the financial strength rating to ‘B+’ (Good) from ‘B++’ (Good) and issuer credit rating to “bbb-” from “bbb” of New Zealand’s ACS (NZ)...
Ratings Roundup: Missouri Valley, Berkley (Notes), Old United, Blue Whale (Pfizer), Zale, Infinity
Mar 23 2012 // 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 South Dakota-based Missouri Valley...
A.M. Best: Outlook Negative for Missouri Valley Mutual Insurance Co.
Mar 21 2012 // 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 Missouri Valley Mutual Insurance Co. (MVM) in Burke,...
Catastrophe Frequency, Tornadoes Test Insurers in U.S.: A.M. Best
Mar 15 2012 // According to A.M. Best Co., the frequency of catastrophe weather events represents the “new normal” for the insurance industry. “The insurance industry continues to be tested as catastrophic weather...
Ratings Recap: CIS (Panama), Guild, Eurasia, Halyk-Kazakhinstrakh
Mar 5 2012 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Panama’s Compania Internacional de Seguros S.A. (CIS), both with stable...
Iowa-Based Petroleum Marketers Management Insurance Upgraded
Feb 28 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 Petroleum Marketers Management Insurance Company (PMMIC) of...
A.M. Best to Open Branch in Dubai for Middle East, Africa, Asia
Feb 21 2012 // Rating agency A.M. Best’s London office said it has obtained the necessary approvals to establish a branch operation in the Dubai International Financial Center in Dubai, UAE. The new office will serve Middle...
Ratings: Concord Group, Mountain States, Atradius Trade Credit, Young America
Feb 14 2012 // 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 of “a” of Concord Group Insurance Pool and its...
P/C Insurers’ Combined Ratio for 2011 Estimated at 107.5%
Feb 6 2012 // The U.S. property/casualty (P/C) industry reported its largest underwriting loss since 2006 and saw its operating performance deteriorate sharply in 2011, as catastrophe-related losses throughout the year wreaked...
A.M. Best Downgrades Florida’s FFVA Mutual to A-
Feb 1 2012 // A.M. best has downgraded the financial ratings of FFVA Mutual Insurance Co. due to underwriting losses on its workers’ compensation line of business, especially in states where it expanded outside of Florida. A.M....
A.M. Best Downgrades Peachtree Casualty Due to Florida Auto Results
Jan 30 2012 // A.M. Best has downgraded the financial ratings of Peachtree Casualty Insurance Co., citing the insurer’s poor underwriting results due in part to rising costs associated with Florida’s troubled no-fault...
Ratings Roundup: Montpelier US, Medico, First Sealord, Pathfinder
Jan 24 2012 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A-‘ (Excellent) and issuer credit rating (ICR) to “aa-” from “a-” of Montpelier US...
