Ratings

Ratings Recap: Transportation P&C, Ancon, Heddington

A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Canadian insurer Transportation Property and Casualty Company Inc. (TPCC). Best said the “ratings …

Ratings Recap: Auto Owners, Stonebridge, Tokio Marine (U.S.), Courtesy, Young America, Old Glory

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of Auto-Owners Insurance Company and its four wholly owned property/casualty subsidiaries. Together the companies make up the Auto-Owners Insurance Group …

Best Affirms Ratings of Eastern Insurance Holdings and Subs

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the property/casualty subsidiaries of Eastern Insurance Holdings, Inc. (EIHI), which consists of Eastern Alliance Insurance Company, Allied Eastern Indemnity …

Ratings Recap: Validus Re, African Re, Arab Orient, Bosna Re, SOGAZ

A.M. Best Co. has removed from under review with developing implications and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of Bermuda-based Validus Re Americas, Ltd., and its affiliate, Validus Re Europe Limited (Ireland). …

Best Revises Alterra Capital and Operating Subs Outlook to Stable

A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Alterra Bermuda Limited and its affiliated operating companies. Best also revised …

Ratings Recap: Church Mutual, Ocean Harbor, HSBC (Del.), Golden RRG, Southern Pioneer, Affirmative

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and downgraded the issuer credit ratings (ICR) to “a” from “a+” of Wisconsin-based Church Mutual Insurance Company. The outlook for both ratings is stable. The rating actions …

Best Affirms Argo Re, Argo 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 Bermuda-based Argo Re Ltd. and its subsidiaries, as well as the ICR of “bbb” and debt ratings of the …

Ratings Recap: Arab Misr, L’Union Canadienne, Gulf Insurance, Island Heritage, Eastern Re

A.M. Best Europe – Rating Services Limited has downgraded the issuer credit rating (ICR) to “bbb” from “bbb+” and affirmed the financial strength rating (FSR) of ‘B++’ (Good) of Egypt’s Arab Misr Insurance Group S.A.E. (AMIG), and has revised its …

Best Downgrades Brit Insurance Ltd. Ratings; Keeps on Review/Negative

A.M. Best Europe – Rating Services Limited has downgraded the financial strength rating (FSR) to ‘B++’ (Good) from ‘A-‘ (Excellent) and the issuer credit rating (ICR) to “bbb+” from “a-” of UK-based Brit Insurance Limited (BIL), and has kept the …

Best Affirms Kemper Corp., Subs and Affiliates Ratings

A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the property/casualty subsidiary and affiliated insurance companies (P&C Group) of Kemper Corporation. Best also affirmed the FSRs of ‘A-‘ …

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