A.M. Best revised the issuer credit rating (ICR) outlook to positive from stable, and affirmed the financial strength rating (FSR) of A (Excellent) and the ICRs of “a” of State National Insurance Co. Inc. and its subsidiaries, National Specialty Insurance …
The business outlook for the London insurance market is a familiar one across other global markets: underwriting profits are under pressure as ongoing soft market prices begin to take a toll. In separate reports on the London market, both A.M. …
A.M. Best has revised its outlook from stable to negative for New York-based Lancer Insurance Co. and Lancer Indemnity Co.. The move comes as Lancer Insurance’s underwriting performance declined in the past several years, particularly in 2015. This can primarily …
A.M. Best has assigned a financial strength rating of “A” (Excellent) and an issuer credit rating of “a” to UK-based Starr International (Europe) Ltd. (SIEL). The outlook assigned to each rating is stable. The ratings of SIEL reflect its excellent …
A.M. Best has affirmed the financial strength rating (FSR) of B (Fair) and the issuer credit rating (ICR) of “bb+” of Century Casualty Company in Alpharetta, Ga. The outlook for the FSR remains stable, while the outlook for the ICR …
A.M. Best has revised the outlooks to stable from positive of Lloyd’s and Lloyd’s Insurance Co. (China) Ltd., while at the same time affirming their financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a+”. In …
A.M. Besthas upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to “a” from “a-” of Preferred Physicians Medical Risk Retention Group Inc. (Preferred Physicians) in Kansas City, Mo. The outlook for each …
Fitch Ratings this week warned that users of insurance ratings from four large credit rating agencies (CRAs) fail to understand differences in the rating scales – differences that separate A.M. Best from the rest of that pack. Specifically, Fitch said …
A.M. Besthas downgraded the financial strength rating (FSR) to B++ (Good) from A- (Excellent) and the issuer credit ratings (ICR) to “bbb+” from “a-” ofNational Fire and Indemnity Exchange(NFIE) in St. Louis, Mo. The outlook for the FSR has been …
A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb” of Southern Pioneer Property and Casualty Insurance Co. (Southern Pioneer) in Jonesboro, Ark. The …
