February 3, 2014
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of the insurance entities within the Mercury Casualty Group Best also affirmed the FSR of ‘A-‘ (Excellent) and ICRs of …
February 3, 2014
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of the members of Allstate Insurance Group (Allstate). Best also affirmed the FSR of ‘A+’ (Superior) and ICRs of “aa-” …
January 31, 2014
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Swiss Reinsurance Company Ltd, European Reinsurance Company of Zurich Ltd, Swiss Re Europe S.A., based …
January 28, 2014
A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to Barbados-based Ocean International Reinsurance Company Limited, both with stable outlooks. Best said its ratings for Ocean Re are “based on …
January 23, 2014
London-based Litmus Analysis has commented on the announcement from S&P that for the first time since 2006 it expects a negative trend in reinsurer ratings in 2014. Of the 23 groups (including Lloyd’s) it defines as “global reinsurers” it notes …
January 22, 2014
Standard & Poor’s latest report – “Past The Tipping Point: Competition And Soft Pricing Could Lead To Rating Pressure For Global Reinsurers” – on the state of the global reinsurance sector, notes that “reinsurers are experiencing increased competition and curtailed …
January 15, 2014
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 Bermuda-based Arden Reinsurance Company Ltd. , and has assigned a stable outlook to …
December 24, 2013
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 Bermuda-based Hamilton Re, Ltd, formerly S.A.C. Re, Ltd., and has assigned a stable …
December 24, 2013
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of The Cincinnati Insurance Company, The Cincinnati Indemnity Company and The Cincinnati Casualty Company, collectively referred to as The Cincinnati …
December 23, 2013
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit ratings (ICR) of “aa-” of ProAssurance Casualty Company, ProAssurance Indemnity Company, Inc. and ProAssurance Specialty Insurance Company, Inc. The companies are select subsidiaries …