A.M. Best ratings News

Best Removes Flagstone Re from Review; Affirms Ratings

A.M. Best Co. has removed from under review with developing implications and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Flagstone Reassurance Suisse S.A., based in Martigny, Switzerland, and Flagstone Alliance Insurance …

Ratings: Aviva (Subs), Flagstone Re Africa, Arig, Salama, Bahrain Nat’l., BEST RE

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of several European insurance subsidiaries of UK-based AVIVA plc, namely Aviva Vida y Pensiones, S.A de …

Best Affirms UK’s Ecclesiastical Insurance Office ‘A’ Rating; Outlook Stable

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of UK-based Ecclesiastical Insurance Office plc (EIO), as well as the debt rating of “bbb” on the £106.45 …

Ratings Roundup: Hiscox (U.S.), Bison, Nations

A.M. Best Co. has upgraded the issuer credit rating (ICR) to “a+” from “a” and affirmed the financial strength rating of ‘A’ (Excellent) of Chicago-based Hiscox Insurance Company, Inc. (HICI), both with stable outlooks. Best said the ratings of HICI …

Ratings Recap: Jordan Plc, Builders Re S.A., Sava Re, Allianz (Notes)

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B++’ (Good) and the issuer credit rating of “bbb+” of Jordan Insurance Company Plc (JIC), both with stable outlooks. Best said the “ratings reflect JIC’s solid …

Best Affirms W. R. Berkley Corp and Subs ‘A+’ Ratings

A.M. Best Co. has affirmed the financial strength rating (FSR) of’ A+ (Superior) and issuer credit ratings (ICR) of “aa-” of the property/casualty members of Berkley Insurance Group – Admiral Insurance Group,, Berkley Regional Group and Nautilus Insurance Group (Nautilus). …

Best Upgrades W.R. Berkley Insurance (Europe) ICR Rating; Affirms ‘A’ FSR

A.M. Best Europe – Rating Services Ltd. has upgraded the issuer credit rating (ICR) to “a+” from “a” and affirmed the financial strength rating of ‘A’ (Excellent) of UK-based W.R. Berkley Insurance (Europe), Limited, both with stable outlooks. “The upgrade …

Best Upgrades Issuer Credit Rating of Hiscox Group Subsidiaries; Affirms FSR

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and upgraded the issuer credit rating (ICR) to “a+” from “a” of Hiscox Insurance Company (Bermuda) Limited, UK-based Hiscox Insurance Company Limited (Hisco) …

Ratings Recap: Transsib Re, First General, Arab Re, TUCI

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B’ (Fair) and issuer credit rating of “bb+” of Russia’s OJSC Transsiberian Reinsurance Corporation (Transsib Re), both with stable outlooks. The ratings of Transsib Re continue …

Best Affirms United Services Automobile Ass’n. and Subs ‘A++’ Ratings

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aaa” of United Services Automobile Association (USAA) and its property/casualty and life/health subsidiaries. Best also affirmed the debt rating of “aaa” …