October 25, 2011
A.M. Best Co. has commented that the financial strength rating of ‘A-‘ (Excellent) and the issuer credit ratings (ICR) of “a-” of Flagstone Reassurance Suisse S.A., Cayman Islands-based , Island Heritage Insurance Company Ltd. And Cyprus-based Flagstone Alliance Insurance and …
October 20, 2011
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Bermuda-based BNY Trade Insurance, Ltd., both with stable outlooks. The ratings reflect BNY Trade’s “strong capitalization, consistently positive operating results, conservative …
October 19, 2011
A.M. Best Co. announced it has downgraded the financial strength rating to B+ (Good) from B++ (Good) and issuer credit ratings to “bbb-” from “bbb” of ILM Group (ILM) and its members, which include Indiana Lumbermens Mutual Insurance Co., Lone …
October 18, 2011
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 2010, which is managed by Cathedral Underwriting Limited. Best also affirmed the ICR of …
October 17, 2011
A.M. Best Co. has affirmed the financial strength rating of ‘B-‘ (Fair) and issuer credit rating of “bb-” of Mexico’s Qualitas Compania de Seguros, S.A.B. de C.V., both with stable outlooks. The ratings reflect Qualitas’ “strained risk-adjusted capitalization, consistently elevated …
October 14, 2011
A.M. Best Co. has upgraded the financial strength rating (FSR) to A++ (Superior) from ‘A+’ (Superior) and the issuer credit ratings (ICR) to “aa+” from “aa-” of The Hartford Steam Boiler Group (HSB) and its members. The outlook for all …
October 14, 2011
Standard & Poor’s Ratings Services announced that it has lowered its rating on Mariah Re Ltd.’s Series 2010-1 notes to ‘CC(sf)’ from ‘CCC(sf)’ and removed the rating from CreditWatch, where it was placed with negative implications on Oct. 4, 2011. …
October 14, 2011
A.M. Best Europe – Ratings Services Limited has affirmed the financial strength ratings of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of Aspen Insurance UK Limited (AIUK) and Aspen Insurance Limited (AIL) (Bermuda). Best also affirmed the …
October 13, 2011
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 Harrisburg, Penna.-based North Pointe Insurance Company (NPIC). Best has also affirmed the FSR of …
October 13, 2011
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A (Excellent) and issuer credit ratings (ICR) of “a” of Aspen Specialty Insurance Company (ASIC), headquartered in Bismarck, North Dakota and Aspen American Insurance Company (AAIC), headquartered in Dallas, …