Ratings

Best Assigns ‘B+’ Ratings to UAE’s Al-Sagr; Outlook Stable

A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” to United Arab Emirates-based Al-Sagr National Insurance Co.; both with stable outlooks. The ratings reflect Al Sagr’s “strong …

Ratings Recap: Omega Insurance, Al Ittihad, Alliance

A.M. Best Europe – Rating Services Limited has removed from under review with negative implications and affirmed the issuer credit rating (ICR) of “bbb” of Bermuda-based Omega Insurance Holdings Limited, an intermediate parent company of Omega Underwriting Agents Limited, the …

Best Upgrades NIPPONKOA’s Ratings to ‘A+’; Affirms Subs

A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and the issuer credit rating (ICR) to “aa-” from “a+” of Japan’s NIPPONKOA Insurance Company Ltd. Best also affirmed the FSR of ‘A’ (Excellent) …

Best Affirms Sompo Japan’s ‘A+’ Ratings; Subs Ratings

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of Sompo Japan Insurance Inc. as well as the FSR of ‘A ‘(Excellent) and ICR of “a” of its subsidiary, …

Ratings Recap: Great Plains, ProAssurance, Community, German Mutual

A.M. Best Co. has assigned a financial strength rating of ‘B++’ (Good) and an issuer credit rating of “bbb” to Iowa-based Great Plains Casualty, Inc., both with stable outlooks. The ratings reflect Great Plains’ “adequate risk-adjusted capitalization, limited but favorable …

Best Upgrades QBE Optima’s Ratings to ‘A-‘; Outlook Stable

A.M. Best Co. has upgraded the financial strength rating to ‘A-‘ (Excellent) from ‘B++’ (Good) and issuer credit rating to “a-” from “bbb” of QBE Optima Insurance Company, which is based in San Juan, Puerto Rico, and was formerly known …

Ratings Recap: Electrical Contractors’, Scotia, Société Centrale, Adamjee

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of UK-based Electrical Contractors’ Insurance Company Limited (ECIC), both with stable outlooks. ECIC’s risk-adjusted capitalization is “likely to …

Ratings Recap: Mapfre Panama, Infrassure, Lemma

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Mapfre Panama, SA, both with stable outlooks. Best said the “ratings reflect Mapfre Panama’s solid capitalization, consistent overall earnings, generally favorable …

Ratings Recap: Sunderland Marine, ENI

A.M. Best Europe – Rating Services Limited has revised the outlook to negative from stable and affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a-” of UK-based Sunderland Marine Mutual Insurance Company Limited (SMMI). Best …

Best Affirms Liberty Mutual Holding Co. and Subs Ratings

A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” for the members of Liberty Mutual Insurance Companies and Peerless Insurance Company Pool, as well as UK-based Liberty Mutual Insurance …

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