Ratings

Ratings Recap: PVI Re, L’Union Canadienne, UK War Risks Club

A.M. Best Asia-Pacific Limited has revised the outlook to positive from stable and affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Vietnam’s PVI Reinsurance Company (PVI Re). Best said the ratings reflect PVI …

Ratings Recap: Milli Re, NAGICO/NICL

A.M. Best Europe – Rating Services Limited has removed from under review with negative implications the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Turkish reinsurer Milli Reasurans Turk Anonim Sirketi (Milli Re), but has …

Best Affirms Ratings of Endurance Specialty and Subs; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Endurance Specialty Insurance Ltd. and its affiliates, as well as the ICR of “bbb” and debt ratings of the …

Ratings Recap: National Lloyds, Tar Heel Re, World Insurance, Kentucky Growers

A.M. Best Co. has downgraded the issuer credit rating (ICR) to “a” from “a+” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of National Lloyds Insurance Company as well as the FSR of ‘A’ (Excellent) and ICR of …

Best Affirms Aegon’s U.S. and Canadian Subs 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 the U.S. life/health subsidiaries of the Netherlands Aegon N.V. Aegon’s U.S. life/health companies are collectively referred to as Aegon …

Best Affirms Baldwin & Lyons and Operating Subs 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 Protective Insurance Company (PIC) and its wholly owned subsidiary, Sagamore Insurance Company, as well as the FSR of ‘A’ …

Ratings: Odyssey Re, National Fire, American Safety, N.J. Manufacturers, Blue Whale

A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of the Odyssey Reinsurance Group members. Best also affirmed the ICR of “bbb” and the debt …

Ratings Recap: Ansvar, ARABIA (Jordan), ARABIA (Lebanon), ARABIA (Saudi Arabia), Transmonde

A.M. Best Asia-Pacific Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Australia’s Ansvar Insurance Limited, both with stable outlooks. The rating affirmations reflect Ansvar’s “strong risk-adjusted capitalization, initiatives to de-risk its …

Best Sees Alliance Deal with Yapi Kredi Enhancing Business Profile

A.M. Best Europe – Rating Services Limited has commented on the recent announcement from Germany’s Allianz SE that it is entering into a long-term partnership with Turkey’s Yapi Kredi and is acquiring Yapi Kredi Sigorta. Allianz SE currently has a …

Best Affirms Fairfax Financial and Subs Ratings; Outlook Stable

A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb” and the unsecured debt and preferred equity ratings of Toronto-based Fairfax Financial Holdings Limited, and has also affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and ICRs …

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