Ratings

Ratings Recap: Takaful Int’l., Malayan Insurance

A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘B++’ (Good) and an issuer credit rating of “bbb” to Bahrain’s Takaful International Company BSC (TIC), both with stable outlooks. Best said the ratings of TIC …

Ratings Recap: Solid, Allianz France, Risk Re

A.M. Best Europe – Rating Services Limited has upgraded the issuer credit rating to “bbb+” from “bbb” and affirmed the financial strength rating of ‘B++’ (Good) of Sweden’s Solid Forsakringsaktiebolag, both with stable outlooks. Best said, its “ratings of Solid …

Ratings Recap: Triglav/Triglav Re, Tristar

A.M. Best Europe – Rating Services Ltd. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” to Zavarovalnica Triglav d.d. (Triglav), the operating holding company of the Triglav group, and Pozavarovalnica Triglav Re d.d. …

Ratings: American Resources, Attorneys Mutual, Markel (notes), Caelus Re, National Automotive

A.M. Best Co. has upgraded the financial strength rating to ‘B’ (Fair) from ‘B-‘ (Fair) and issuer credit rating to “bb+” from “bb-” of Alabama-based American Resources Insurance Company Incorporated (ARIC), both with stable outlooks. Best said the “rating upgrades …

Best Affirms Hallmark Financial 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 the members of Hallmark Insurance Group, headquartered in Fort Worth, Texas. Best also affirmed the ICR of “bbb-” for …

Ratings Recap: Sun Hung Kai, Jamaica International, Palms, Watania

A.M. Best Asia-Pacific Limited has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating to “a” from “a-” of Hong Kong’s Sun Hung Kai Properties Insurance Limited (SHKPI), both with stable outlooks. Best said …

Best Affirms Chubb Corp. and Subs ‘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 the property/casualty subsidiaries of The Chubb Corporation, also known as the Chubb Group of Insurance Companies. Best has also …

Ratings Roundup: RAM Re, Grupo Nacional

A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to Cayman Islands-based Reaseguradora America SPC, Ltd. (RAM Re), both with stable outlooks. The ratings reflect RAM Re’s “adequate capitalization and …

Ratings Roundup: Arden Re, GBG

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Bermuda-based Arden Reinsurance Company Ltd. and has also affirmed the ICR of “bbb-” of the parent company, Arden Holdings, Ltd., …

Best Affirms Hartford and Subs Ratings; Downgrades Hartford Life Companies

A.M. Best Co. has removed from under review with negative implications and downgraded the financial strength ratings (FSR) to ‘A-‘ (Excellent) from ‘A’ (Excellent) and the issuer credit ratings (ICR) to “a-” from “a+” of Hartford Life and Accident Insurance …

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