A.M. Best Co. upgraded the financial strength ratings to “A+” (superior) from “A” (excellent) and assigned issuer credit ratings of “aa-” to ACE Westchester Specialty Group, headquartered in New York, and ACE American Pool of Pennsylvania. The upgrades represent rating …
Standard & Poor’s Ratings Services affirmed its “BB+” counterparty credit rating and “B+”‘ preferred stock rating on Zenith National Insurance Corp. S&P also affirmed its “BBB+” counterparty credit and financial strength ratings on Zenith’s rated operating companies Zenith Insurance Co. …
A.M. Best Co. placed the financial strength ratings of “A+” (superior) and issuer credit ratings of “aa-” of GeoVera Ins. Co., USF&G Specialty Ins. Co., both domiciled in Hunt Valley, Md., under review with negative implications, as well as Pacific …
Fitch Ratings affirmed the “A-” insurer financial strength ratings on the members of the Liberty Mutual inter-company pool and revised the rating outlook on pool members to stable from negative. Additionally, Fitch assigned Peerless Ins. Co. inter-company pool members “A-” …
Prime Holdings Insurance Services Inc. announced that its property and casualty insurance subsidiary, The Prime Insurance Syndicate Inc., was notified that as of July 15, 2005, Prime received an increased A.M. Best’s rating of “B” with a stable outlook in …
Standard & Poor’s ratings services revised its outlook on W.R. Berkley Corp. and BER’s operating companies (collectively referred to as Berkley) to stable from negative. S&P also said that it assigned its “BBB-” rating to BER’s proposed $200 million subordinated …
Fitch Ratings assigned an “AA-” insurer financial strength rating to American Reinsurance Company. The rating outlook is stable. Fitch’s rating on AmRe reflects its view that the company is a core subsidiary of Munich Reinsurance Company, under which AmRe’s rating …
A.M. Best Co. affirmed the financial strength rating of “A” (excellent) and assigned issuer credit ratings of “a” to Allianz Insurance Group of Burbank, Calif., which consists of Allianz Global Risks US Ins. Co. and its wholly-owned subsidiary, Allianz Underwriters …
A.M. Best Co. placed the financial strength ratings of “A” (excellent) for American Re Corporation Group’s member companies under review with negative implications. Member companies include American Re-Insurance. Co., American Alternative Insurance Corp. and The Princeton Excess & Surplus Lines …
A.M. Best Co. assigned a financial strength rating of “A-” (excellent) and an issuer credit rating of “a-” to Beazley Insurance Company Inc. of Omaha, Neb., a newly formed U.S. insurer that is part of the Beazley Group plc. Both …
