Ratings

Best Upgrades Hyundai Marine & Fire, China Sub’s Ratings

A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating (ICR) to “a” from “a-” of South Korea’s Hyundai Marine & Fire Insurance Co., Ltd (HMFI), as well as upgrading …

Best Affirms QBE’s U.S. Subsidiaries Ratings; Upgrades Some ICR’s

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of the pooled and reinsured members of QBE North America Insurance Group (QBENA Group). In addition Best upgraded the …

Best Affirms QBE Insurance Group ‘A’ Ratings; Outlook Stable

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of UK-based QBE Insurance (Europe) Limited and Australia-based QBE Insurance (International) Limited, the key operating …

Best Assigns Saudi United Cooperative ‘B++’ Ratings

A.M. Best Europe – Rating Services Limited has assigned the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb” to Saudi Arabia’s Saudi United Cooperative Insurance Company (Wala’a), both with stable outlooks. The ratings reflect the company’s …

Best Affirms Donegal Group’s Members, Affiliates 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 the Donegal Insurance Group, based in Marietta, Pennsylvania, as well as the FSR of ‘A’ (Excellent) …

Best Affirms Colonial Group and Subs Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the life/health and property/casualty operating subsidiaries of Colonial Group International Limited. The outlook for all ratings is stable. Colonial …

Ratings Recap: Casiopea Re, FM (UK), Jamaica Int’l., Salama, BEST RE

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Luxembourg-based Casiopea Re S.A., the reinsurance captive of Telefónica S.A., both with stable outlooks. The ratings …

Best Affirms AXIS Specialty and Subs ‘A’ Ratings; Outlook Positive

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of AXIS Specialty Limited and its operating affiliates, as well as the ICR of “bbb+” and all existing debt ratings …

Best Affirms/Withdraws Ratings of RSA’s Main UK Operating Subs

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the main UK operating subsidiaries of the UK-based RSA Insurance Group plc. Best also affirmed …

Best Affirms Factory Mutual 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 Factory Mutual Insurance Company and its subsidiaries, Appalachian Insurance Company and Affiliated FM Insurance Company. In a separate announcement …

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