Ratings News

Ratings: Bahrain Kuwait, Twin Bridges/Majestic, GTA Assur, Bahamas First, swisspartners (SPV & SPC)

A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Bahrain Kuwait Insurance Company B. S. C. (BKIC), both with stable outlooks. The ratings of BKIC “reflect …

Best Affirms Hiscox and Operating Companies ‘A’ Ratings; Outlook Stable

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Hiscox Insurance Company (Bermuda) Limited, UK-Based Hiscox Insurance Company Limited and Hiscox Insurance Company (Guernsey) …

Ratings Recap: Standard Casualty, Grinnell, Erie & Niagara, Northwest GF Mutual

A.M. Best Co. has upgraded the financial strength rating to ‘A-‘ (Excellent) from ‘B++’ (Good) and issuer credit rating to “a-” from “bbb” of Texas-based Standard Casualty Company, and has removed both ratings from under review with negative implications and …

Ratings Recap: BEST RE, Garant, ZEP-RE, East Africa Re, Custodian

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A- ‘(Excellent) and issuer credit rating of “a-” of Malaysia-based BEST RE Family (L) Limited, both with stable outlooks. The ratings of BEST RE Family “factor …

Best Affirms AXIS Specialty, Affiliates Ratings; Raises Outlook to Positive

A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Bermuda-based AXIS Specialty Limited and its operating affiliates. Best has also …

Best Affirms Zurich American and Subs ‘A+’ Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Zurich American Insurance Company (Zurich US), headquartered in Schaumburg, Illinois, and its property/casualty pooling affiliates. Zurich US and its …

Ratings of Northwest G.F. Mutual Insurance Co. Downgraded

A.M. Best Co. has downgraded the financial strength rating to B- (Fair) from B+ (Good) and issuer credit rating to “bb-” from “bbb-” of Northwest G.F. Mutual Insurance Co. based in Eureka, S.D. The outlook for both ratings is negative. …

Best Places Generali, Main Subsidiaries’ Ratings under Review/Negative

A.M. Best Europe – Rating Services Limited has taken action in the wake if the Italian financial crisis by placing the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Assicurazioni Generali S.p.A. and its main …

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

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

Ratings Roundup: Wawanesa, AmerInst, First Net

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of The Wawanesa Mutual Insurance Company, which is based in Winnipeg, Manitoba. Best has also affirmed the FSR of ‘A’ …