Ratings

Best Affirms Fireman’s Fund, Subs Financial Ratings; Lowers Credit Ratings

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent), but has downgraded the issuer credit rating (ICR) to “a” from “a+” of California-based Fireman’s Fund Insurance Company and its intercompany pool participants and reinsured affiliates, collectively …

Ratings Recap: American General, Philadelphia Indemnity, First Hawaii, Minnesota Lawyers Mutual, Workmen’s Auto

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘B+’ (Good) and issuer credit rating (ICR) of “bbb-” of American General Property Insurance Company (AGPIC), based in Nashville, Tenn., both with stable outlooks. Best concurrently withdrew the ratings …

Best Upgrades Transatlantic Holdings and Subs ICR’s; Affirms ‘A’ Ratings

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 Transatlantic Reinsurance Company (TransRe), Fair American Insurance and Reinsurance Company (both domiciled in New York, …

Ratings Roundup: Eurasia, Kazakhinstrakh

A.M. Best Europe – Rating Services Ltd. has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb+” of the Kazakhstan-based Eurasia Insurance Company JSC, both with stable outlooks. Best said Eurasia’s ratings “reflect its strong …

Ratings Recap: Marble Re, Victoria

A.M. Best Asia-Pacific Limited has assigned a financial strength rating of ‘A’- (Excellent) and issuer credit rating of “a-” to Marble Reinsurance Corporation, based in the Federated State of Micronesia, both with stable outlooks. The ratings reflect Marble Re’s “strong …

Ratings Recap: Nat’l. Interstate, Best Meridian, SC Farm, Fireman’s Fund La.

A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb+” of National Interstate Corporation (NATL), as well as the financial strength rating (FSR) of ‘A’ (Excellent) and ICRs of “a+” of the operating members of National Interstate Group …

Best Affirms American Financial, Most Subs Ratings; Upgrades Mid-Continent

A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb+” and all debt ratings of American Financial Group, Inc. (AFG), as well as the financial strength rating (FSR) of ‘A’ (Excellent) and ICRs of “a+” of Great American …

Ratings Recap: GIC Re, Seguros Inbursa, National Grid

A.M. Best Asia-Pacific Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of General Insurance Corporation of India (GIC Re), both with stable outlooks. The ratings reflect GIC Re’s “strong risk-adjusted capitalization and …

Ratings Recap: Compania Internacional (CIS), Leadway

A.M. Best Co. has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating to “a” from “a-” of Panama’s Compania Internacional de Seguros, S.A. (CIS), both with stable outlooks. “The rating upgrades are based …

Best Affirms Beazley’s Lloyd’s Syndicates Ratings ; Downgrades Holding Co. ICR

A.M. Best Europe – Rating Services Limited has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Lloyd’s Syndicate 2623, Lloyd’s Syndicate 623, Lloyd’s Syndicate 3623 and Lloyd’s Syndicate 3622. Best also …

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