Ratings News

Ratings Recap: Mansard, Custodian & Allied, Ability Re, TATIL

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B’ (Fair) and issuer credit rating of “bb+” of Nigeria’s Mansard Insurance Plc, both with stable outlooks. The ratings of Mansard reflect its “strong risk-adjusted capitalization, …

Best Affirms Zurich Insurance and Group ‘A+’ Ratings; Outlook Stable

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of Swiss-based Zurich Insurance Company Limited (ZIC)), the main operating company of Zurich Insurance Group Ltd. Best …

Best Assigns ‘A’ Ratings to Qatar Insurance SAQ and Main Subs

A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘A’ (Excellent) and issuer credit ratings of “a” to Qatar Insurance Co SAQ (QIC) and its main subsidiaries: QIC International LLC (QICI) and Q-Re LLC (Q-Re). …

Best Affirms Torus Group Ratings; Outlook Stable

A.M. Best Europe – Ratings Services Limited has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Torus Insurance (Bermuda) Limited, Torus Insurance (UK) Limited and Lichtenstein-based Torus Insurance (Europe) AG. Best …

Ratings Recap: Standard Casualty, Principal Financial, NAICO

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer crediting rating “a-” of Texas-based Standard Casualty Company, both with stable outlooks. Best explained that Standard Casualty “is a subsidiary of Cavco Industries Inc. The rating …

Ratings Recap: Talanx Re, Nissan Global, Harmony, JEVCO

A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘A’ (Excellent) and an issuer credit rating of “a” to Talanx Reinsurance (Ireland) Ltd., both with stable outlooks. Best said the “ratings of Talanx Re reflect …

Best Revises ICR Outlook to Negative for QBE North America Group; Affirms Ratings

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of the pooled and reinsured members of QBE North America Insurance Group (QBENA Group). These companies are key operating subsidiaries …

Best Affirms Allied World and Subs Ratings; FSR Outlook Stable; ICR Positive

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent and the issuer credit ratings (ICR) of “a” of Allied World Assurance Company, Ltd and its operating affiliates. The outlook for the FSR is stable, while the …

Best Revises ICR Outlook to Negative for QBE Group and Subs; Affirms Ratings

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of UK-based QBE Insurance (Europe) Limited, QBE Re (Europe) Limited, and Australia-based QBE Insurance (International) …

Best Affirms Aspen UK, Bermuda and Subs Ratings; Outlook Stable

A.M. Best Europe – Ratings Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of Aspen Insurance UK Limited (AIUK) and Aspen Bermuda Limited (ABL), as well as the ICR …