A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Swiss Reinsurance Company Ltd and its subsidiaries. Best also affirmed all debt ratings of Swiss Re and its subsidiaries. …
A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘B’ (Fair) from ‘B++’ (Good) and the issuer credit ratings (ICR) to “bb+” from “bbb” of Southern General Insurance Company (SGIC) and GreenStar Insurance Company, an affiliate of SGIC, …
A.M. Best Asia-Pacific Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of The New India Assurance Company Limited, both with stable outlooks. The ratings reflect New India’s “strong risk-adjusted capitalization, improved underwriting …
A.M. Best Asia-Pacific Limited has assigned a financial strength rating of ‘A’- (Excellent) and issuer credit rating of “a-” to Bermuda-based NEWGT Reinsurance Company, Ltd. Best said the ratings reflect NEWGT’s “stable operating profitability, aided by its retrocession coverage in …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Panama City-based ASSA Compania de Seguros, S.A. (ASSA), as well as the FSR of’ A-‘ (Excellent) and ICR of …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of Lloyd’s Syndicate 2001, which is managed by Amlin Underwriting Limited, and the FSR of ‘A’ …
A.M. Best Co. has assigned a financial strength rating of ‘A’- (Excellent) and issuer credit rating of “a-” to Hong Kong-based Peak Reinsurance Company Limited, both with stable outlooks. Best explained that “Peak Re is licensed in Hong Kong as …
A.M. Best Co. has affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Indiana Lumbermens Mutual Insurance Company and its reinsured subsidiaries, Lone Star National Insurance Company and National Building Material Assurance Company. All …
A.M. Best Co. has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating (ICR) of “bbb+” of Echelon General Insurance Company, as well as the ICR of “bb+” of Echelon’s publicly traded parent, EGI Financial Holdings Inc. …
Standard & Poor’s Ratings Services has said that its ratings on Willis Group Holdings PLC (‘BBB’-/Stable/–) are unchanged “following the company’s announcement of charges related to goodwill impairment and a change in its remuneration policy”, both of which, S&P said, …
