A.M. Best ratings News

Ratings Recap: QBE Optima, Aviva (Canada), Syndicate 609, Adamjee

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Puerto Rico-based QBE Optima Insurance Company, both with stable outlooks. The ratings of QBE Optima reflect its “solid risk-adjusted capitalization, profitable …

Best Affirms China Re and Subs Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings of “a” of China Reinsurance (Group) Corporation and its subsidiaries, China Property & Casualty Reinsurance Company Ltd. (CPCR) and China Life Reinsurance Company Ltd. …

Best Affirms Ratings of Aspen Insurance and Subs Ratings

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of Aspen Insurance UK Limited (AIUK) and Aspen Bermuda Limited (ABL). Best has also affirmed the …

Ratings Recap: Emirates, BMO Re, United, Oman Insurance, China Taiping (NZ)

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of United Arab Emirates-based Emirates Insurance Company P.S.C. (EIC), both with stable outlooks. “EIC’s capital position remains strong, …

Ratings Recap: Eni Insurance, Gulf Re

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Eni Insurance Limited (EIL), which is based in Dublin, Ireland, both with stable outlooks. EIL is the …

Best Places Tower Group Subs Ratings on Review/Negative

A.M. Best Co. has placed under review with negative implications the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the pooled and reinsured members of the Tower US Pool. Best also placed under …

Best Affirms Generali, Main Subs Ratings; Outlook Remains Negative

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Assicurazioni Generali S.p.A. and its main subsidiaries. Best also affirmed the ratings of the debt instruments …

Best Affirms Alterra Capital and Subs Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Alterra Bermuda Limited and its affiliated operating companies, as well as the ICR of “bbb” of Alterra Bermuda’s immediate …

No Ratings Change for Syndicate 2010 from Lancashire Acquisition Says Best

A.M. Best Europe – Rating Services Limited has commented that the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 2010, “remains unchanged” after the announcement that Bermuda-based Lancashire Holdings Limited has entered …

Ratings Recap: Patria Re, Arab Insurance, Provident Insurance (NZ)

A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Mexico’s Reaseguradora Patria, S.A.B. (Patria Re). Best also assigned an ICR of “bbb-” …