Commonwealth News

Best Affirms Fairfax Financial and Most Subs Ratings

A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb” and the unsecured debt and preferred equity ratings of Fairfax Financial Holdings Limited. Best also affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and ICRs of “a” …

Northbridge Insurance Details management for Merged Company

Northbridge Insurance, which comprises the existing “broker companies” of Lombard, Markel and Commonwealth, is preparing for the combination of the three into a united brand as of January 1st, 2012. In connection with the amalgamation Northbridge announced that Jean-Francois Béliveau …

Best Issues Ratings Announcements on Fairfax Subsidiaries

A.M. Best has issued a series of ratings announcements relating to Canada’s Fairfax Financial Holdings and its subsidiaries. The bulletins are as follows: A.M. Best Co. has removed from under review with negative implications and downgraded the financial strength rating …