Ratings

Best Affirms RenaissanceRe; Top Layer Re Ratings; Outlooks Stable

RenRe and Affiliates A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Renaissance Reinsurance Ltd. (RenRe) and Renaissance Reinsurance of Europe, based in Dublin, Ireland. Best also has …

Best Affirms Gen Re Group’s ‘A++’ 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 General Reinsurance Corporation, headquartered in Stamford, Conn., and its core property/casualty and life reinsurance /insurance subsidiaries operating in the …

Ratings Recap: Iron Horse, Dallas National, Armed Forces, Sooner, Harford Mutual, Philadelphia Contributionship

A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Vermont-based Iron Horse Insurance Company, both with stable outlooks. Best said the ratings “reflect Iron Horse’s adequate risk-adjusted capitalization, explicit parental …

Best Affirms Mitsui Sumitomo’s U.S. Subs Ratings; Upgrades Aioi Nissay U.S.

In conjunction with its affirmation of the parent company, A.M. Best Co. has also affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit ratings (ICR) of “aa” of Mitsui Sumitomo Insurance Company of America (MSIA) and …

Best Affirms MAPFRE USA and Group Members Ratings; Outlook Negative

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of the members of MAPFRE USA GROUP. The lead company in MAPFRE USA is The Commerce Insurance Company, based in …

Best Affirms Mitsui Sumitomo Ratings; Upgrades Aioi Nissay Dowa

A.M. Best Asia-Pacific Limited has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit rating (ICR) of “aa” of Japan’s Mitsui Sumitomo Insurance Company Limited (MSI), and has upgraded the FSR to ‘A+’ (Superior) from ‘A’ …

Ratings Roundup: Product Care, Taiping (Singapore)

A.M. Best Asia-Pacific Limited has assigned a financial strength rating of ‘B++’ (Good) and an issuer credit rating of “bbb” to Product Care (New Zealand) Limited (PCL), both with stable outlooks. PCL operates as a fully owned entity of ICF …

Best Revises Outlook on Travelers and Most Subs to Positive; Affirms Ratings

A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of the property/casualty subsidiaries of The Travelers Companies, Inc. (TRV) (also known …

Best Affirms State Farm Companies, Affiliates and Subs Ratings

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of State Farm Mutual Automobile Insurance Company (SFMAIC) and its affiliate, State Farm County Mutual Insurance Company of Texas, as …

S&P Says Endurance Ratings Unaffected By CEO Stepping Down

Standard & Poor’s Ratings Services said that its rating on Endurance Specialty Holdings Ltd., currently ‘BBB+’ with a stable outlook, is unaffected by the recent announcement that David Cash has stepped down as the company’s CEO and as a member …

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