Latest AM Best Headlines
All the headlines from our AM Best Topic Page, ordered by recency.
Arbella Gets Ratings Upgrade from A.M. Best
Nov 2 2009 // Massachusetts-based insurer Arbella Insurance Group has received a ratings boost by A.M. Best Co. Best upgraded the insurer’s financial strength rating to A- (Excellent) from B++ (Good) and issuer credit ratings to...
New Markets
Nov 1 2009 // 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. Apartments Low Income Subsidized...
Ratings Roundup: Misr, Kenya Re, Alliance, Aurigen
Oct 28 2009 // A.M. Best Co. has downgraded the financial strength rating to ‘B++’ (Good) from ‘A-‘ (Excellent) and the issuer credit rating to “bbb+” from “a-” of Egypt’s Misr...
Some Mutual Insurers May Need Partners to Grow
Oct 19 2009 // The world’s mutual insurance companies are well placed to continue to grow market share in the wake of the credit crisis, but they also face a vast range of challenges, according to new research. A report by credit...
Ratings Recap: AMI, HDI-Gerling
Oct 15 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of New Zealand’s AMI Insurance Limited, both with stable outlooks. The ratings are...
Ratings Recap: Singapore Re, AGF, Ansvar, White Mountains Re, Oriental, Jupiter
Oct 13 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Singapore Reinsurance Corporation Limited, both with stable outlooks. The ratings...
Mutual Insurers Positioned for Growth But Some May Need Partners
Oct 6 2009 // The world’s mutual insurance companies are well placed to continue to grow market share in the wake of the credit crisis, but they also face a vast range of challenges, according to new research. A report by credit...
A.M. Best Withdraws Ratings of 2 Midwest Mutual Insurers
Oct 6 2009 // A.M. Best Co. announced that, in separate actions, it has withdrawn the ratings of two Midwest-based mutual insurance companies at the request of those companies. Best affirmed the financial strength rating (FSR) of C++...
New Markets
Oct 5 2009 // 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. Home Builders & Artisans...
Ratings Recap: Accident & General, Inbursa, Swiss Re Frankona
Sep 29 2009 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Accident & General Insurance Company Ltd. (AGI) of the Cayman...
A.M. Best: Surplus Lines Results Dip in Response to Competition, Losses
Sep 28 2009 // In 2008, the underwriting and operating performance of surplus lines companies continued to outpace that of the total property/casualty industry, although at a diminished level from 2007 due to persistent soft market...
A.M. Best: New Regulations, Market Conditions and Financial Crisis Wreak Havoc on Workers’ Comp Line
Sep 21 2009 // Challenging market conditions, the financial crisis and the recession drove profitability downward for the U.S. workers’ compensation market in 2008. Changing regulatory conditions and reforms have also impacted the...
New Markets
Sep 21 2009 // 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. Misc. Medical Malpractice Market Detail:...
Ratings Recap: Grupo Nacional, BEST RE, Triple-S, Arab Re, Int’l. Energy, Asian Re
Sep 17 2009 // A. M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Mexico’s Grupo Nacional...
Ratings Recap: Lonpac, Tenet, Zurich (Notes), Generali (Notes)
Sep 15 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Malaysia’s Lonpac Insurance Bhd, both with stable outlooks. “The...
Ratings Roundup: Ind. Mutual Fire, HM Casualty, Constitution
Sep 15 2009 // A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to Illinois-based Independent Mutual Fire Insurance Company, both with stable outlooks....
Ratings Recap: Berkley (Notes), Integon/Maiden, American Southern, Odyssey Re, Westward
Sep 11 2009 // Standard & Poor’s Ratings Services has assigned its ‘BBB+’ senior debt rating on W.R. Berkley Corp.’s proposed issue of approximately $300 million senior unsecured notes, which are due in 2019....
A.M. Best: Workers’ Comp – How Bad Will It Get?
Sep 8 2009 // Challenging market conditions, the financial crisis and the recession drove profitability downward for the U.S. workers’ compensation market in 2008, and A.M. Best Co. expects the impact to linger through 2009 and...
Ratings Recap: Dah Sing, Everest Re, Omnium, First Takaful, TATIL
Sep 4 2009 // A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Bermuda-based Dah Sing Insurance Company Limited (DSI) with stable outlooks. “The...
Ratings: Syndicate 2003 (Catlin), La Colonial, United, Arch, Ballantyne Re
Sep 2 2009 // A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Lloyd’s Syndicate 2003, which is managed by Catlin Underwriting Agency...
