January 24, 2012
A.M. Best Co. has placed under review with negative implications the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Bermuda-based Partner Reinsurance Company Ltd. and its affiliates. Best also placed under review with …
January 24, 2012
A.M. Best Europe – Rating Services Limited has commented that the ratings of Australia’s QBE Insurance Group Limited and its main insurance subsidiaries are unchanged following the market update issued by QBE on January 12, 2012, in which it revised …
January 24, 2012
A.M. Best Co. has revised the outlook to stable from positive and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating “a-” of Hong Kong-based Taiping Reinsurance Company Limited (TPRe). Best explained that the revision of its …
January 23, 2012
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Ohio-based American Modern Home Insurance Company (AMHIC) and its subsidiaries. The outlook for the ratings is stable. Germany’s Munich …
January 23, 2012
A.M. Best Co. has withdrawn the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Harleysville-Atlantic Insurance Company, which is based in Atlanta, and Harleysville Insurance Company of Ohio, following their December 31, 2011 …
January 23, 2012
A.M. Best Co. has upgraded the financial strength ratings (FSR) to ‘A+’ (Superior) from ‘A ‘(Excellent) and the issuer credit ratings (ICR) to “aa-” from “a+” of Bermuda-based Arch Reinsurance Ltd., as well as those of its strategic affiliates and …
January 20, 2012
A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of The New India Assurance Company Limited. Best said the “ratings reflect New India’s …
January 18, 2012
Standard & Poor’s Ratings Services has followed up on the rating actions it announced in December concerning a number of Europe’s largest insurers. S&P has lowered its ratings on the following insurers (and certain related operating subsidiaries and certain holding …
January 17, 2012
A.M. Best Co. has withdrawn the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based Dah Sing Insurance Company Limited (DSI), due to its business being transferred to Dah Sing Insurance Company (1976) Limited (DSI …
January 11, 2012
A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Singapore-based SHC Capital Limited, both with stable outlooks. The ratings reflect SHC Capital’s “adequate risk-adjusted capitalization (as measured by Best’s Capital …