AM Best ratings News

Bermuda’s Brit Re Gets ‘A’ Rating from AM Best as Firm Prepares to Write Casualty Treaty

AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” to Brit Reinsurance (Bermuda) Ltd. The outlook assigned to these credit ratings is stable. The ratings reflect Brit Re’s balance sheet …

AM Best Assigns Credit Ratings to Indiana’s Rock Ridge Insurance

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to Rock Ridge Insurance Co. (Rock Ridge) in North Danville, Indiana. The outlook assigned to the ratings is stable. The ratings …

AM Best Upgrades Credit Ratings of PartnerRe and Subsidiaries

AM Best has upgraded the Financial Strength Rating to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “aa-” from “a+” of the operating subsidiaries of Bermuda-based PartnerRe Ltd. AM Best also has upgraded the …

AM Best Affirms Credit Ratings of Lloyd’s

AM Besthas affirmed the Financial Strength Rating of “A” (Excellent) and the Long-Term Issuer Credit Ratings of “a+” of Lloyd’s (United Kingdom), Lloyd’s China and Lloyd’s Brussels. Concurrently, AM Best has affirmed the Long-Term ICR of “a” of the Society …

AM Best Revises Greenlight Capital Re’s Outlooks to Negative

AM Besthas revised the outlooks to negative from stable while affirming the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (ICR) of “a-” of Greenlight Reinsurance, Ltd. (Cayman Islands) and Greenlight Reinsurance Ireland, Designated Activity Company …

AM Best Assigns Credit Ratings to Centerline Property & Casualty of Tennessee

AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” to Centerline Property and Casualty Insurance Co., headquartered in Knoxville, Tenn. The outlook assigned to these Credit Ratings is stable. The …

AM Best Affirms Ratings of Third Point Re While Revising Outlook to Negative

AM Besthas revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of Bermuda-based Third Point Reinsurance Co. Ltd. (TPRE) and Third Point Reinsurance …

AM Best Revises Outlooks to Negative for Florida-Based Universal North America

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Universal North America Insurance Co. (UNAIC), based in Sarasota, …

Outlooks Revised to Positive for Ohio’s Wayne Mutual Insurance

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Wooster, Ohio-based property/casualty insurer, Wayne Mutual Insurance Co. (Wayne Mutual). The Credit …

AM Best: Outlooks Revised to Stable for Texas Farm Bureau Insurance Companies

AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” of Texas Farm Bureau Casualty Insurance Co. and Farm Bureau …