Ratings News

Best Affirms OneBeacon and Subs Group Ratings; White Mountains

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of OneBeacon Insurance Company and its six pooled and four reinsured affiliates, collectively referred to as OneBeacon Insurance Group. Best …

Best Affirms Sirius International Group’s Ratings; Outlook Stable

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of Sweden’s Sirius International Insurance Corporation (publ). Best also affirmed the ICR of “bbb” and …

Best Revises HDI V.a.G., Talanx ICR Outlook to Positive; Affirms Ratings

A.M. Best Europe – Rating Services Limited has revised the outlook of the issuer credit rating (ICR) to positive from stable and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the ICR of “a” of HDI Haftpflichtverband der …

Best Affirms XL Group’s P&C Subs, XLIT Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the property/casualty subsidiaries of the holding company, XL Group plc, which is based in Ireland, and led by XL …

Ratings Recap: Nacional Re, Barents Re, PMG, MS Frontier Re

A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to Spain’s Nacional de Reaseguros, S.A., both with stable outlooks. Nacional’s ratings reflect its “strong risk-adjusted capitalization, …

Best Upgrades Hyundai Marine & Fire, China Sub’s Ratings

A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating (ICR) to “a” from “a-” of South Korea’s Hyundai Marine & Fire Insurance Co., Ltd (HMFI), as well as upgrading …

Best Affirms QBE’s U.S. Subsidiaries Ratings; Upgrades Some ICR’s

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

Best Affirms QBE Insurance Group ‘A’ Ratings; Outlook Stable

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 and Australia-based QBE Insurance (International) Limited, the key operating …

Best Assigns Saudi United Cooperative ‘B++’ Ratings

A.M. Best Europe – Rating Services Limited has assigned the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb” to Saudi Arabia’s Saudi United Cooperative Insurance Company (Wala’a), both with stable outlooks. The ratings reflect the company’s …

Best Affirms Donegal Group’s Members, Affiliates Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the members of the Donegal Insurance Group, based in Marietta, Pennsylvania, as well as the FSR of ‘A’ (Excellent) …