July 17, 2014
A.M. Best has assigned the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Starr Property & Casualty Insurance (China) Company, Limited (Starr China), formerly known as Dazhong Insurance Company Limited. The name change is pending …
July 16, 2014
Since the disappointing pricing at the 1.1. renewal the bad news on reinsurance pricing has kept on coming. April, June and July renewals were all reported as materially down by the major brokers. S&P adopted a ‘negative trend’ in its …
July 16, 2014
Standard & Poor’s Ratings Services has revised its outlook on U.S.-based intermediary holding company Argo Group US Inc. (AGUS) and its U.S. operating subsidiaries to stable from negative. S&P also affirmed our ‘BBB-‘ issuer credit and senior unsecured debt ratings …
July 11, 2014
A.M. Best has commented that the financial strength rating of ‘A’ (Excellent) and the issuer credit ratings of “a” of Qatar Insurance Company S.A.Q. (QIC) and its main subsidiaries remain unchanged following QIC’s acquisition of Antares Holdings Limited. Best added …
June 30, 2014
A.M. Best has affirmed the financial strength rating of ‘A++’ (Superior) and the issuer credit ratings of “aa+” of Omaha-based Berkshire Hathaway Homestate Insurance Company, and its five property and casualty affiliates: Cypress Insurance Company (San Francisco, CA), Oak River …
June 30, 2014
A.M. Best has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Insurance Corporation of Barbados Limited (ICBL), both with stable outlooks. Best said the “ratings reflect ICBL’s solid capitalization, leading market presence …
June 19, 2014
A.M. Best has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit rating to “a” from “a-” of Bermuda-based Associated Electric & Gas Insurance Services Limited (AEGIS), and has revised its outlook on both …
June 18, 2014
A.M. Best has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of General Reinsurance Corporation, headquartered in Stamford, Connecticut, and its core property/casualty and life reinsurance /insurance subsidiaries operating in the United …
June 16, 2014
A.M. Best has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of Bermuda-based Wind River Reinsurance Company, Ltd. and its U.S. subsidiaries, as well as the ICR of “bbb” of Wind …
June 16, 2014
A.M. Best Europe – Rating Services Limited (AMBERS) has confirmed that it has notified the European Securities and Markets Authority (ESMA) that, effective immediately, “AMBERS intends to endorse selected ratings issued by A.M. Best Company Inc. in the United States …