Ratings

Ratings Recap: Farmers Auto/Pekin, John Deere, Southern Pioneer P&C

A.M. Best has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of The Farmers Automobile Insurance Association and its wholly owned subsidiary, Pekin Insurance Company (together known as Pekin). Best also …

Best Affirms GEICO and GEICO Corp. Members Ratings; Outlooks Stable

A.M. Best has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and the issuer credit ratings (ICR) of “aaa” of the members of Government Employees Group (GEICO), based in Chevy Chase, Maryland, as well as the ICR of “aaa” …

Ratings Roundup: Toa Re, GeoVera, Argus Group

A.M. Best has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings of “aa-” of The Toa Reinsurance Company Limited, based in Japan, and its subsidiary, The Toa Reinsurance Company of America (TRA),headquartered in Morristown, New Jersey. …

Best Affirms PartnerRe, Operating Subs Ratings; Outlook Stable

A.M. Best has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit ratings (ICR) of “aa-” of Bermuda-based Partner Reinsurance Company Ltd. and its affiliates, as well as the ICR of “a-” and debt ratings of …

Fitch Upgrades Lloyd’s Ratings to ‘AA-‘; Outlook Stable

Fitch Ratings announced that it has upgraded Lloyd’s of London’s Insurer Financial Strength (IFS) rating to ‘AA-‘ from ‘A+’, and has also upgraded the Society of Lloyd’s Long-term Issuer Default Rating (IDR) to ‘A+’ from ‘A’ and Lloyd’s Insurance Company …

Ratings Recap: AXA U.S. Subs, Southern Farm, Iron Horse

A.M. Best has revised the issuer credit ratings (ICR) outlook to stable from negative and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and ICRs of “a+” of AXA Insurance Company and AXA Art Insurance Corporation, both of which …

Ratings Recap: Sunderland Marine, Heddington, Bosna Re

A.M. Best has removed from under review with developing implications and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of UK-based Sunderland Marine Mutual Insurance Company Limited (SMMI) and has assigned a stable outlook …

Ratings: Toyota Motor, Interstate Bankers, Medical Assurance Co. of Mississippi

A.M. Best has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of Iowa-based Toyota Motor Insurance Company (TMIC), both with stable outlooks. Best said the “ratings reflect TMIC’s excellent risk-adjusted capitalization, underwriting income …

Best Affirms AmTrust Financial and Subs P&C Ratings; Outlook Stable

A.M. Best has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the property/casualty subsidiaries of AmTrust Financial Services, Inc. (AFSI), based in New York, NY, also known as AmTrust Group. Best …

Best Upgrades State Farm General’s ICR; Affirms State Farm and Subs FSR’s

A.M. Best has upgraded the issuer credit rating (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of State Farm General Insurance Company, and has revised its outlook for the ICR to stable from …

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