November 17, 2011
Fitch Ratings has affirmed the ratings of Everest Re Group, Ltd.’s debt-issuing holding company, Everest Reinsurance Holdings, Inc. and its subsidiaries. “Everest’s debt ratings are only one notch lower than the operating companies’ Insurer Financial Strength (IFS) ratings, which reflects …
November 16, 2011
A.M. Best Europe – Rating Services Limited has placed under review with negative implications and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Flagstone Reinsurance Africa Limited (FReA), which is based in South …
November 14, 2011
Standard & Poor’s Ratings Services has revised its outlook on Marsh & McLennan Cos. to stable from negative, and has affirmed its ‘BBB-‘ long-term and ‘A-3’ short-term counterparty credit ratings on the company. “The outlook revision reflects our improved view …
November 10, 2011
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of Torus Specialty Insurance Company and Torus National Insurance Company, both of which are domiciled in Wilmington, Delaware, and are wholly owned …
November 10, 2011
Standard & Poor’s Ratings Services has lowered its counterparty credit and financial strength ratings on the operating insurance companies of State Auto Group to ‘BBB+’ from ‘A-‘. S&P also lowered its counterparty credit rating on State Auto Financial Corp. to …
November 9, 2011
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 Torus Insurance (Bermuda) Limited, Torus Insurance (UK) Limited and Torus Insurance (Europe) AG, which is …
November 7, 2011
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings of “a” of the Nonprofits Insurance Alliance Group members, Alliance of Nonprofits for Insurance, Risk Retention Group (ANI), National Alliance of Nonprofits for Insurance …
November 7, 2011
A.M. Best Co. has upgraded the financial strength rating to ‘A++’ (Superior) from ‘A+’ (Superior) and the issuer credit rating to “aa+” from “aa-” of Bermuda-based Tokio Millennium Re Ltd. (TMR), both with stable outlooks. TMR is a wholly owned …
November 7, 2011
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 Hannover Rueckversicherung AG (Hannover Re) and its subsidiaries. Best also affirmed the debt ratings of …
November 3, 2011
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Vermont-based captive Prism Assurance, Ltd., both with stable outlooks. The ratings reflect Prism’s “strong capitalization and solid operating performance,” said Best. …