A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the Bermuda-based XL Capital Group and its members. Best also affirmed the ICR of “bbb” and all debt ratings …
Neither Standard & Poor’s Ratings Services, nor A.M. Best anticipate any changes in their ratings on Toronto-based Fairfax Financial Holdings Ltd. As a result of the Company’s announced decision to acquire all of the outstanding shares of Odyssey Re Holdings …
Standard & Poor’s Ratings Services has lowered its counterparty credit rating on Bermuda-based IPC Holdings Ltd. to ‘BBB-‘ from ‘BBB’ and removed it from CreditWatch, where it was placed on June 16, 2009, with negative implications. S&P then withdrew its …
Standard & Poor’s Ratings Services has revised its outlook on Allianz Insurance JSC (Allianz Russia) to negative from stable and affirmed its ‘BBB-‘ long-term counterparty credit and insurer financial strength ratings on the Moscow-based insurer. S&P also affirmed the ‘ruAA+’ …
Standard & Poor’s Ratings Services has lowered its long-term counterparty credit ratings on The Netherlands-based ING Groep N.V. and ING Verzekeringen N.V. to ‘A’ from ‘A+’ and its long- and short-term counterparty credit ratings on ING Bank N.V. to ‘A+/A-1’ …
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and the issuer credit rating (ICR) of “a-” of French reinsurer SCOR S.E. and its rated subsidiaries. Best has …
A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Bermuda-based Dah Sing Insurance Company Limited (DSI) with stable outlooks. “The ratings reflect DSI’s supportive level of risk-adjusted capitalization, improved operating …
A.M. Best Co. has revised the outlook to positive from stable for the issuer credit ratings (ICR) of “aa-” and has affirmed the ICRs and financial strength rating (FSR) of ‘A+’ (Superior) of Houston Casualty Group (HCC) and its property/casualty …
Standard & Poor’s Ratings Services has lowered its counterparty credit and financial strength ratings on Selective Insurance Co. of America and its insurance company affiliates (collectively referred to as Selective) to ‘A’ from ‘A+’. S&P also lowered its counterparty credit …
A.M. Best Co. has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit ratings to “a” from “a-” of Western National Insurance Group (WNG) and its members. The group’s ratings are based on the consolidated …
