Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
The Republic Group’s Ratings Affirmed
Dec 21 2010 // Dallas-based regional property/casualty insurer The Republic Group (Republic) announced that A.M. Best Company has affirmed the rating of A- (Excellent) for each of the group’s companies. In addition to affirming the...
Ratings Roundup: NIPPONKOA (Asia), Aspen (Notes), Asia Capital
Dec 16 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Hong Kong-based NIPPONKOA Insurance Company (Asia) Limited, both with stable outlooks....
A.M. Best Affirms Ratings of Cincinnati Financial and Subs
Dec 15 2010 // A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa” of Cincinnati, Ohio-based standard market property/casualty group, The Cincinnati...
A.M. Best Affirms Ratings of Michigan Insurance Co.
Dec 9 2010 // A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a” of Michigan Insurance Co. based in Grand...
A.M. Best Downgrades Michigan Commercial Insurance Mutual
Dec 8 2010 // A.M. Best Co. has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and issuer credit rating to “bbb” from “a-” of Michigan Commercial Insurance Mutual (MCIM) in Lansing,...
Ratings: Cherokee/Oakland, Wayne Mutual, Executive, United Fire, Mercer
Dec 3 2010 // A.M. Best Co. has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating (ICR) to “a” from “a-” of Cherokee Insurance...
A.M. Best Upgrades Wisconsin’s 1st Auto & Casualty Insurance Co.
Dec 1 2010 // A.M. Best Co. has upgraded the financial strength rating (FSR) to B++ (Good) from B+ (Good) and issuer credit rating (ICR) to “bbb” from “bbb-” of 1st Auto & Casualty Insurance Company (1st...
A.M. Best Downgrades Ratings of Kansas-based Upland Mutual Insurance
Nov 30 2010 // 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 Upland Mutual Insurance Inc. (Upland) (Junction City, KS)....
Ratings Recap: Oil Casualty, Bison, East Africa Re, Kenya Re
Nov 24 2010 // A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Bermuda-based Oil Casualty Insurance, Ltd (OCIL), both with stable outlooks....
Best Affirms Assurant and Subsidiaries Ratings; Outlook Stable
Nov 22 2010 // A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of the property/casualty and life/health insurance subsidiaries of Assurant, Inc. Best also affirmed the ICR of...
A.M. Best Assigns ‘A’ rating to Veterinary Pet Insurance Co.
Nov 16 2010 // A.M. Best Co. has assigned a financial strength rating of “A” (Excellent) and issuer credit rating of “a” to Veterinary Pet Insurance Co. of Brea, Calif. The outlook assigned to both ratings is...
Ratings: Global Indemnity/Wind River Re, Connaught, Tugu Triple-S Propiedad, Arab Re
Nov 12 2010 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘B+’ (Good) and the issuer credit ration of “bbb-” of Guernsey-based Connaught Insurance Company...
Best Affirms Generali’s ‘A+’ Ratings; Outlook Stable
Nov 9 2010 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Italy’s Assicurazioni Generali S.p.A., both...
Ratings Roundup: Erie Group, Waco Fire & Casualty, Maya Assurance
Nov 9 2010 // A.M. Best Co. has commented that the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Erie Insurance Group and its members are unchanged following the...
Ratings: First Capital, First Net, Trinidad & Tobago Ins., Harmony General
Nov 8 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Singapore’s First Capital Insurance Limited, both with stable outlooks. The...
Ratings Recap: Chartis U.S Subs; Landcar, Prism, Pacific Pioneer
Nov 3 2010 // A.M. Best Co. has withdrawn the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings of “a” and assigned an NR-5 (Not Formally Followed) to the FSRs and “nr” to...
Ratings Roundup: Dah Sing, Qualitas, Nissan Global
Oct 28 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based Dah Sing Insurance Company Limited (DSI), both with stable outlooks....
Pacific Pioneer Insurance Rating Upgraded to B++
Oct 26 2010 // A.M. Best Co. has upgraded the financial strength rating of Pacific Pioneer Insurance Co. to “B++” from “B+,” and issuer credit rating to “bbb” from “bbb-.” The outlook for...
Workers’ Compensation Results Spiral Down
Oct 18 2010 // The nation’s workers’ compensation insurance industry’s underwriting performance has continued to weaken as the composite combined ratio deteriorated 8.8 percentage points to 120.0 in 2009, representing...
Ratings Recap: FM Insurance, AMI (NZ), MISR, Greenlight Re Ireland
Oct 8 2010 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A+’ (Superior) and the issuer credit rating (ICR) of “aa” of UK-based FM Insurance Company Limited...