July 7, 2011
A.M. Best Co. announced at the end of June that it has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Navigators Insurance Group, which is comprised of Navigators Insurance Company and its …
July 7, 2011
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 1084. In addition Best affirmed the ICR of “bbb” of Chaucer Holdings PLC …
July 6, 2011
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Barbados-based United Insurance Company Limited, both with stable outlooks. Best said then ratings reflect United’s “favorable capitalization, solid regional market profile …
June 30, 2011
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Michigan-based Intrepid Insurance Company, both with stable outlooks. The ratings reflect “Intrepid’s solid capitalization, favorable loss ratios, effective management of exposures, …
June 23, 2011
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Stonebridge Casualty Insurance Company, the Columbus Ohio-based property/casualty subsidiary of The Netherlands AEGON N.V., both with stable outlooks. The ratings reflect …
June 23, 2011
A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb-” of Cayman Islands-based Ironshore Inc., as well as the financial strength rating of ‘A-‘ (Excellent) and the ICRs of “a-“of Ironshore’s operating subsidiaries. These include Bermuda-based Ironshore Insurance …
June 23, 2011
A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to International General Insurance Company (UK) Limited (IGIUK), both with stable outlooks. The ratings reflect “prospective strong …
June 23, 2011
Standard & Poor’s Ratings Services said that the ratings on the U.K.-based Aviva Group (core operating entities rated AA-/Stable) are unchanged by its agreed sale of breakdown recovery firm RAC to The Carlyle Group for £1 billion [$1.597 billion] S&P …
June 23, 2011
A.M. Best Co. has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit ratings (ICR) to “a” from “a-” of the Bermuda-based Lancashire Insurance Company Limited and Lancashire Insurance Company (UK) Limited. Best has also …
June 22, 2011
A.M. Best Co. has upgraded the issuer credit ratings (ICR) and senior debt ratings to “a” from “a-” for Zurich-based ACE Limited and ACE INA Holdings Inc. Best has also upgraded the ICR to “aa” from “aa-” and affirmed the …