A.M. Best Co. has revised the outlook to stable from positive and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating “a-” of Hong Kong-based Taiping Reinsurance Company Limited (TPRe). Best explained that the revision of its …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Ohio-based American Modern Home Insurance Company (AMHIC) and its subsidiaries. The outlook for the ratings is stable. Germany’s Munich …
A.M. Best Co. has withdrawn the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Harleysville-Atlantic Insurance Company, which is based in Atlanta, and Harleysville Insurance Company of Ohio, following their December 31, 2011 …
A.M. Best Co. has upgraded the financial strength ratings (FSR) to ‘A+’ (Superior) from ‘A ‘(Excellent) and the issuer credit ratings (ICR) to “aa-” from “a+” of Bermuda-based Arch Reinsurance Ltd., as well as those of its strategic affiliates and …
A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of The New India Assurance Company Limited. Best said the “ratings reflect New India’s …
A.M. Best Co. has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and issuer credit rating to “bbb+” from “a-” of GHS Property and Casualty Insurance Co. (GHS), located in Oklahoma City. Best said he rating downgrades …
Standard & Poor’s Ratings Services has followed up on the rating actions it announced in December concerning a number of Europe’s largest insurers. S&P has lowered its ratings on the following insurers (and certain related operating subsidiaries and certain holding …
A.M. Best Co. has withdrawn the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based Dah Sing Insurance Company Limited (DSI), due to its business being transferred to Dah Sing Insurance Company (1976) Limited (DSI …
A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Singapore-based SHC Capital Limited, both with stable outlooks. The ratings reflect SHC Capital’s “adequate risk-adjusted capitalization (as measured by Best’s Capital …
A.M. Best Co. has released a briefing on the 2012 global reinsurance outlook, which concludes that despite the near record number of catastrophic event in 2011, the rating outlook “is being held at stable.” Best cited the “continued strong risk-adjusted …
