Ratings

Ratings: RetailFirst, ANICO, Mariah Re, German Mutual, Centurion, Mt. Morris

A.M. Best Co. has assigned a financial strength rating of ‘B++’ (Good) and issuer credit ratings of “bbb+” to RetailFirst Insurance Company and BusinessFirst Insurance Company, collectively referred to as RetailFirst Insurance Group, and has assigned a stable outlook to …

Best Affirms OneBeacon Group’s Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of the operating companies comprising Minnesota-based OneBeacon Insurance Group. Best also, affirmed the ICR of “bbb” of OneBeacon’s publicly …

Best Upgrades Ratings of Sirius America Insurance Company

A.M. Best Co. has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit rating to “a” from “a-” of New York-based Sirius America Insurance Company, formerly known as White Mountains Reinsurance Company of America. …

S&P Affirms Nationwide’s ‘A+’ Ratings after Harleysville Buy

Standard & Poor’s Ratings Services has affirmed its ‘A+’ counterparty credit and financial strength ratings on Nationwide Mutual Insurance Co. and its property/casualty affiliates (collectively Nationwide) after the announcement that it would acquire Harleysville. The outlook for the ratings remains …

Best Removes Balboa Insurance and Members Ratings from ‘Under Review’

A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit ratings of “a” of Balboa Insurance Group and its property/casualty members, Balboa Insurance Company, Meritplan Insurance …

Best Affirms Sirius International Ratings

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A” (Excellent) and the issuer credit rating (ICR) of “a” of Sirius International Insurance Corporation (publ), which is based in Stockholm, Sweden. The outlook for …

Best Downgrades Kingsway and Affiliates Ratings; Assigns Negative Outlook

A.M. Best Co. has downgraded the issuer credit ratings (ICR) to “c” from “ccc” and senior debt ratings to “c” from “ccc” of Kingsway Financial Services Inc (KFSI) and Kingsway America Inc. (KAI). Best has also downgraded the financial strength …

S&P Affirms Liberty Mutual, Affiliates Ratings; Revises Outlook to Positive

Standard & Poor’s Ratings Services has revised its outlook on Liberty Mutual Group (LGMI, and the members of the Liberty Mutual Intercompany Pool, the Peerless Intercompany Pool, and other rated insurance affiliates (collectively, Liberty) to positive from stable. S&P also …

S&P Ups Harleysville’s Outlook; Affirms Ratings on Nationwide Deal

Standard & Poor’s Ratings Services has affirmed its ‘A-‘ counterparty credit and financial strength ratings on Harleysville Mutual Ins. Co. and its affiliates, as well as the counterparty credit rating on Harleysville Group Inc. (HGI), and has revised its outlook …

Ratings Roundup: Unique, Montpelier U.S., MedPro

A.M. Best Co. has revised the outlook to stable from positive, downgraded the issuer credit rating to “bb” from “bb+” and affirmed the financial strength rating of ‘B’ (Fair) of Chicago-based Unique Insurance Company. Best explained that the revised outlook …

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