A.M. Best has downgraded the financial strength rating to B (Fair) from B+ (Good) and the issuer credit rating to “bb” from “bbb-” of ARI Mutual Insurance Company based in Newtown, Pennsylvania. A.M. Best also has maintained the under review …
A.M. Best has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of Hiscox Insurance Company (Bermuda) Limited, UK-based Hiscox Insurance Company Limited (Hisco), Hiscox Insurance Company (Guernsey) Limited and Hiscox Insurance …
A.M. Best has assigned a financial strength rating of A (Excellent) and an issuer credit rating of “a+” to Sompo Japan Canopius Reinsurance AG, a wholly owned subsidiary of Canopius Group AG. The outlook assigned to both ratings is stable. …
A.M. Best has downgraded the financial strength rating (FSR) to B (Fair) from B+ (Good) and the issuer credit rating (ICR) to “bb+” from “bbb-” of Century Casualty Co. based in Alpharetta, Ga. The outlook for the FSR has been …
A.M. Best has upgraded the issuer credit rating (ICR) to “bbb+” from “bbb” of Auto Club Insurance Company of Florida (ACICF) in Tampa. Concurrently, A.M. Best has affirmed ACICF’s financial strength rating of B++ (Good). The outlook for both ratings …
The U.S. property/casualty (P/C) industry’s rating activity over the first half of 2015 turned negative as downgrades and negative outlooks outpaced upgrades and positive outlooks, according to A.M. Best. This activity reversed a two-year positive trend, the ratings agency said. …
A.M. Best announced on Sept. 10 that it has upgraded the financial strength rating to A+ (Superior) from A (Excellent) and the issuer credit rating to “aa-” from “a” of New England Mutual Insurance Company (NEMIC). Concurrently, the financial strength …
A.M. Best announced that it has downgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A+’ (Superior) and the issuer credit ratings (ICR) to “a+” from “aa-” of Partner Reinsurance Company Ltd. and its affiliates. Best has also downgraded …
A.M. Best has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of “a-” to Tower Hill Prime Insurance Company (Tower Hill Prime) in Gainesville, Fla. The outlook assigned to both ratings is stable. The ratings …
A.M. Best has assigned a financial strength rating of A (Excellent) and an issuer credit rating of “a” to Coverys Specialty Insurance Company. The outlook assigned to both ratings is stable. Coverys Specialty Insurance Company is a New Jersey-domiciled excess …
