Latest AM Best Headlines

All the headlines from our AM Best Topic Page, ordered by recency.

Ratings Recap: Agency, MGA, SeaBright

Jan 23 2009 // A.M. Best Co. has revised the outlook to positive from stable, upgraded the issuer credit rating to “bbb+” from “bbb” and affirmed the financial strength rating of ‘B++’ (Good) of Agency...

Best Affirms PartnerRe’s ‘A+’ Ratings

Jan 21 2009 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings of “aa-” of the Bermuda-based PartnerRe Group and its members. Best also affirmed the ICR...

Ratings Roundup: Mountain States, HMSC, Woodbrook, Gateway, Fremont, Michigan Millers’

Jan 21 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 ratings of “a-” of Mountain States Mutual Casualty...

Ratings Roundup: Syndicate 0780, Munich Re Italy, NIPPONKOA, Exchange, Aerial Re, Colonial, Bay Haven

Jan 20 2009 // Standard & Poor’s Ratings Services has revised its outlook on the Lloyd’s Syndicate Assessment (LSA) on Advent Underwriting – Syndicate 0780 to stable from positive. S&P also affirmed the...

New Markets

Jan 11 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. Top 10 Most Unusual Searches on...

Ratings: RSA (Ireland), Mondial, Tokio Marine (Guam), Ballantyne Re (Notes), Wuerttembergische

Jan 7 2009 // Standard & Poor’s Ratings Services has assigned its ‘A-‘ insurer financial strength and counterparty credit ratings to Ireland-based insurer RSA Insurance Ireland Ltd. with a stable outlook....

Best Removes Hartford from Review; Affirms ‘A+’ Ratings

Dec 29 2008 // A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength ratings of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of the key life/health...

Ratings Recap: Aspen, Munich Re (Malta), Qatar, Nissan, CMI, Takaful, Int’l.

Dec 23 2008 // A.M. Best Co. has affirmed the financial strength ratings of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of Aspen Insurance UK Limited (AIUK) and Bermuda-based Aspen Insurance Limited...

Ratings Recap: Max America, Professionals Direct, Great Western, Seven Seas

Dec 23 2008 // A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to Indiana-based Max America Insurance Company (MAIC) with a positive outlook on both....

My New Markets

Dec 21 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. Baby Products MarketScout:...

A.M. Best Restores Ratings of Insurers Tied to Florida Hurricane Fund

Dec 19 2008 // Following the completion of the 2008 hurricane season, A.M. Best Co. has removed from under review and affirmed several insurers’ ratings it had issued in October when there was concern over the insurers’...

Ratings: ANICO, Washington Casualty, Grain Dealers, Nat’l. Guaranty, Am. Physicians

Dec 19 2008 // Standard & Poor’s Ratings Services today said it lowered its counterparty credit and financial strength ratings on American National Insurance Co. (ANICO) and its core subsidiaries, American National Life...

Ratings: Imagine, New Castle Re, E+S Re, Ship Owners, Labuan Re, Dongbu, Lemma, Scandinavian

Dec 18 2008 // A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘B+’ (Good) from ‘A-‘ (Excellent) and issuer credit rating (ICR) to “bbb-” from “a-” for the...

XL CEO Comments on S&P, A.M. Best Rating Actions

Dec 17 2008 // Bermuda-based XL Capital Ltd. has issued two separate comments following yesterday’s announcement by Standard & Poor’s Ratings that it has downgraded XL and its operating subsidiaries (See IJ web site...

Best Affirms Zurich Ratings; Revises Outlook to Stable

Dec 12 2008 // A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and the issuer credit rating (ICR) of “a+” of Zurich Insurance Company (ZIC), the main operating company of Zurich Financial...

A.M. Best Lowers Outlook for The Hingham Group

Dec 12 2008 // The credit rating agency A.M. Best Co. has revised its outlook for Massachusetts-based The Hingham Group to negative from stable. Best also affirmed the financial strength rating of B+ (Good) and issuer credit ratings of...

AIG’s Lexington Loses Another Top Executive as Kelly Joins Ironshore

Dec 10 2008 // One day after it stole the long-time chief executive officer of giant surplus lines insurer Lexington Insurance Co., specialty insurer Ironshore Inc. announced that another former Lexington executive, Shaun Kelly, has been...

Ratings Recap: Phila. Consolid., AmCOMP, Medical Savings, Hospitals

Dec 8 2008 // A.M. Best Co. has withdrawn and assigned an “nr” to the issuer credit rating (ICR) of “a-” of Pennsylvania-based Philadelphia Consolidated Holding Corp. as a result of the recently completed...

Ratings Recap: Eureko, Steamship, QBE (Notes), SOLID

Dec 2 2008 // Standard & Poor’s Ratings Services has revised its outlook on Netherlands-based Eureko B.V. and related core subsidiaries to negative from stable. S&P also affirmed the ‘A-‘ long-term...

New Markets

Nov 30 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. Waste Haulers Market Detail: ELM Insurance...