Ratings

Best Upgrades Philadelphia Insurance Co. and Members Ratings

A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A++’ (Superior) from ‘A+’ (Superior) and the issuer credit ratings (ICR) to ‘aa+’ from ‘aa’ of Philadelphia Insurance Companies and its members, and has revised its outlook on the …

Best Affirms Lloyd’s Syndicate 510 and Kiln Group Ratings; Outlook Stable

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating (ICR) of ‘a+’ of Lloyd’s Syndicate 510, which is managed by R.J. Kiln & Co Ltd. Best also affirmed …

Transatlantic, Allied World off CreditWatch as Merger Looks Less Likely: S&P

Standard & Poor’s Ratings Services has removed both Transatlantic Holdings and Allied World Assurance Co. Holdings AG from its CreditWatch Positive, where they were placed on June 13, following the announcement of their merger agreement. S&P’s long-term counterparty credit rating …

Best Affirms Donegal Insurance Group & Members, Michigan Ins., Donegal Group

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A ‘(Excellent) and issuer credit ratings (ICR) of ‘a’ of Donegal Insurance Group, its members and Michigan Insurance Company. Best also affirmed the ICR of ‘bbb’ of the publicly-traded …

Ratings: Commerce Protective, Stonington/Lantana, Farmers Mutual, One Beacon Lloyd’s, Texas Medical

A.M. Best Co. has downgraded the financial strength rating to ‘B+’ (Good) from ‘B++’ (Good) and issuer credit rating to ‘bbb-‘ from ‘bbb’ of Pennsylvania-based Commerce Protective Insurance Company (CPIC), and has placed both ratings under review with negative implications. …

Best Affirms Markel International’s Ratings; Syndicate 3000; Outlook Stable

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings of ‘a+’ of UK-based Markel International Insurance Company Limited (MIICL) and Lloyd’s Syndicate 3000. The outlook for all of the …

Best Affirms Allianz SE, Most Subs ‘A+ Ratings; Outlook Stable

A.M. Best Europe – Rating Services Ltd. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of ‘aa’ of Germany’s Allianz Societas Europaea (Allianz SE) and a number of its key subsidiaries. The outlook …

Best Affirms Ratings of Lloyd’s Syndicate 958 (Omega); Outlook Stable

A.M. Best Europe – Rating Services Ltd. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of ‘a+’ of Lloyd’s Syndicate 958, which is managed by Omega Underwriting Agents Limited. The outlook for both …

Ratings Roundup: Ocaso, Mariah Re (Notes)

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A+’ (Superior) and the issuer credit rating of ‘aa-‘ of Spain’s Ocaso, S.A. Seguros y Reaseguros. The outlook for both ratings is stable. The ratings reflect …

Best Affirms Generali Deutschland and Subs ‘A+’ Ratings; Outlook Stable

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of ‘aa-‘ of Generali Deutschland Holding AG and its main subsidiaries. The outlook for all of the ratings …

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