Ratings News

Best Affirms Ratings of Inter Hannover UK; Outlook Positive

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 UK-based International Insurance Company of Hannover Limited (Inter Hannover), both with positive outlooks. Best …

Best Places MAPFRE PRAICO Group’s Ratings on Review/Negative

A.M. Best Co. has placed under review with negative implications the financial strength rating of ‘A’ (Excellent) and issuer credit ratings of “a+” of MAPFRE PRAICO Group (MPG) and its members, which include MAPFRE PRAICO Insurance Company (PRAICO), its wholly …

Best Places Aviva’s U.S. Subsidiaries Ratings under Review/Negative

Following its rating actions on the UK-based Aviva plc, A.M. Best Co. has placed under review with negative implications the financial strength rating (FSR) of ‘A ‘(Excellent) and issuer credit ratings (ICR) of “a+” of Iowa-based Aviva Life and Annuity …

Ratings Recap: Aviva Canada, IRB-Brasil

A.M. Best Co. has placed under review with negative implications the financial strength rating (FSR) of ‘A ‘(Excellent) and issuer credit ratings (ICR) of “a+” of Aviva Insurance Company of Canada and its affiliates, Elite Insurance Company, Pilot Insurance Company, …

Best Affirms Aviva’s Ratings; Places them on Review/Negative

Following its announcements, made earlier this week, A.M. Best Europe – Rating Services Limited is continuing to take rating actions on a number of European (re)insurers, as a result of the continued negative developments regarding the euro zone sovereign debt …

Best Downgrades Generali, Main Subs Ratings; Keeps on Review/Negative

As a result of the continued negative developments regarding the euro zone sovereign debt crisis, A.M. Best Europe – Rating Services Limited has downgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A+’ (Superior) and issuer credit rating (ICR) …

Best Downgrades MAPFRE RE’s Ratings; Placed on Review/Negative

A.M. Best Europe – Rating Services Limited announced that “as a result of the continued negative developments regarding the euro zone sovereign debt crisis,” it has downgraded the financial strength rating to ‘A’ (Excellent) from ‘A+’ (Superior) and issuer credit …

Best Places Ratings of Caisse Centrale de Reassurance on Review/Negative

A.M. Best Europe – Rating Services Limited has placed under review with negative implications the financial strength rating of ‘A++’ (Superior) and the issuer credit rating of “aa+” of France’s Caisse Centrale de Reassurance (CCR). As Best explained in similar …

Best Downgrades Allianz and Subs Issuer Credit Ratings; Affirms FSR

A.M. Best Europe – Rating Services Limited has reacted to the ongoing sovereign debt crisis in the euro zone, which it describes as “continued negative developments” with a number of rating actions, starting off with Europe’s biggest insurer Allianz Societas …

Best Affirms West of England Ship Owners ‘A-‘ Ratings; Outlook Negative

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of the Luxembourg-based West of England Ship Owners Mutual Insurance Association (WOE or the Club); however, the …