Ratings

Best Places Tower Group Subs Ratings on Review/Negative

A.M. Best Co. has placed under review with negative implications the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the pooled and reinsured members of the Tower US Pool. Best also placed under …

Best Affirms Generali, Main Subs Ratings; Outlook Remains Negative

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Assicurazioni Generali S.p.A. and its main subsidiaries. Best also affirmed the ratings of the debt instruments …

Best Affirms Alterra Capital and Subs Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Alterra Bermuda Limited and its affiliated operating companies, as well as the ICR of “bbb” of Alterra Bermuda’s immediate …

No Ratings Change for Syndicate 2010 from Lancashire Acquisition Says Best

A.M. Best Europe – Rating Services Limited has commented that the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 2010, “remains unchanged” after the announcement that Bermuda-based Lancashire Holdings Limited has entered …

Best Sees No Change in Lancashire’s Ratings from Cathedral Acquisition

A.M. Best Co. has commented that the ratings of Bermuda-based Lancashire Holdings Limited, Lancashire Insurance Company Limited and Lancashire Insurance Company (UK) Limited – collectively known as Lancashire – “remain unchanged following its announcement that it has entered into conditional …

Ratings Recap: Catlin (U.S.), LEMIC, Florists’ Mutual

At the same time that it affirmed its ratings on the Catlin Group A.M. Best also affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings of “a” of Catlin Insurance Company, Inc.(CICI), which is based in Houston, …

Ratings Recap: Patria Re, Arab Insurance, Provident Insurance (NZ)

A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Mexico’s Reaseguradora Patria, S.A.B. (Patria Re). Best also assigned an ICR of “bbb-” …

Ratings Roundup: Tower Group (NZ), Grupo Mexicano

A.M. Best Asia-Pacific Limited has revised the outlook to negative from stable and affirmed the financial strength rating of ‘A’- (Excellent) and issuer credit ratings (ICR) of “a-” of TOWER Insurance Limited (TIL), TOWER Health & Life Limited (THL) and …

Best Places S.A.C. Re Ratings under Review/Negative

A.M. Best Co. has placed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based S.A.C. Re, Ltd. under review with negative implications. Best explained that the rating actions reflect its “concern with the business …

Best Affirms Everest Re Group and Affiliates Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Bermuda-based Everest Reinsurance and its reinsurance and insurance affiliates. Best also affirmed the ICRs of “a-” of Everest Re …

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