Fitch Ratings has affirmed the “A” insurer financial strength ratings of the members of the Markel North America insurance group. It also affirmed the group’s “BBB-” long-term issuer rating and existing senior debt ratings and the “BB+” trust preferred stock …
A.M. Best Co. has downgraded the financial strength ratings to “A+” (superior) from “A++” (superior) of Swiss Re and its core subsidiaries. At the same time, Best has accordingly downgraded the ratings on all debt instruments issued by Swiss Re’s …
Best has assigned an initial financial strength rating of “A-” (excellent) to Louisiana United Businesses Self Insurers Fund, also known as LUBA Workers’ Comp, based in Baton Rouge, La.. The rating outlook is stable. Best said the rating reflects LUBA …
Standard & Poor’s (S&P) Ratings Services assigned its “A” counterparty credit and financial strength ratings with a “stable” outlook to Commerce Insurance Co. (CIC) and Citation Insurance Co. Both companies are Mass.-based subsidiaries of The Commerce Group Inc. (CGI), a …
Best affirmed the financial strength rating of “A-” (excellent) of Minneapolis-based Austin Mutual Insurance Co. The rating outlook is stable and reflects the company’s excellent capitalization, conservative balance sheet and local market knowledge. These factors are derived from management’s conservative …
A.M. Best has downgraded the financial strength ratings to “B+” (very good) from “B++” (very good) of Commercial Risk Reinsurance Co. Ltd., based in Bermuda, and its U.S. subsidiary in Vermont, Commercial Risk ReInsurance Co. Both ratings have been removed …
A.M. Best Co. downgraded the financial strength ratings to “A+” (superior) from “A++” (superior) of Swiss Re and its core subsidiaries. At the same time, Best downgraded the ratings on all debt instruments issued by Swiss Re’s group entities, and …
A.M. Best assigned an initial financial strength rating of “A-” (excellent) to Louisiana United Businesses Self Insurers Fund, also known as LUBA Workers’ Comp, based in Baton Rouge, La.. The outlook is stable. Best said the rating reflects LUBA Workers’ …
The financial strength rating of “A-” (excellent) of Minneapolis-based Austin Mutual Insurance Co. was affirmed by A.M. Best. The outlook is stable. It reflects the company’s excellent capitalization, conservative balance sheet and local market knowledge. These factors are derived from …
Moody’s Investors Service confirmed the “Aaa” insurance financial strength (IFS) ratings of the eight rated members of AIG’s U.S. commercial insurance group (Domestic Brokerage Group, or DBG). DBG’s “Aaa” IFS ratings had been placed under review for possible downgrade Feb. …
