Ratings

Best Upgrades Fremont Ratings; Affirms Auto Club Group, P/C Members

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 Michigan-based Fremont Insurance Company, and has also affirmed the FSR of ‘A’ (Excellent) and …

Ratings Roundup: La Colonial, InterGlobal

A.M. Best Co. has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb+” of the Dominican Republic’s La Colonial, S.A. Compania de Seguros, both with stable outlooks. The ratings reflect La Colonial’s “profitable net results …

Best Upgrades Validus Re’s Ratings; Outlook Revised to Stable

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 Bermuda-based Validus Reinsurance, Ltd., as well as the ICR to “bbb” from “bbb-“and debt …

Best Affirms American Service Pool Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating of ‘B’ (Fair) and issuer credit ratings (ICR) of “bb” of Illinois-based American Country Insurance Company and American Service Insurance Company, Inc. – members of the American Service Pool (ASI Pool). …

Ratings Roundup: Fuji Fire, Greenlight Re

A.M. Best Co. has upgraded the financial strength rating to ‘A-‘ (Excellent) from ‘B++’ (Good) and the issuer credit rating to “a-” from “bbb+” of The Fuji Fire & Marine Insurance Company, Limited, and has removed both ratings from under …

Best Revises Chartis, Lexington & Members Outlooks to Stable; Affirms Ratings

In connection with its revision of its outlook on AIG, A.M. Best Co. has affirmed the financial strength ratings of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Chartis US Insurance Group and its members and the Lexington …

Best Revises AIG and Subs Outlook to Stable; Affirms Ratings

A.M. Best Co. has revised the outlook to stable from negative and affirmed the issuer credit rating (ICR) of “bbb” of American International Group. It has also revised the outlook to stable from negative and affirmed the financial strength ratings …

Ratings Roundup: Instituto Nacional, Malaysian Re

A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Costa Rica’s Instituto Nacional de Seguros (INS), both with stable outlooks. The ratings reflect “INS’ strong capitalization and liquidity position, diversified …

S&P: Excess Capital, Strong ERM Give Reinsurers 2011 Cat Loss Cushion

Standard & Poor’s Ratings Services announced that it is “maintaining its stable outlook on the global reinsurance sector despite the near-record level of catastrophe losses in 2011,” as it doesn’t expect “a bias in the direction of any rating actions …

Ratings Roundup: Montpelier US, Medico, First Sealord, Pathfinder

A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A-‘ (Excellent) and issuer credit rating (ICR) to “aa-” from “a-” of Montpelier US Insurance Company (MUSIC). Best also removed both ratings from under review with …

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