Ratings News

Best Affirms Allianz SE, Most Subs ‘A+ Ratings; Outlook Stable

A.M. Best Europe – Rating Services Ltd. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of ‘aa’ of Germany’s Allianz Societas Europaea (Allianz SE) and a number of its key subsidiaries. The outlook …

Best Affirms Ratings of Lloyd’s Syndicate 958 (Omega); Outlook Stable

A.M. Best Europe – Rating Services Ltd. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of ‘a+’ of Lloyd’s Syndicate 958, which is managed by Omega Underwriting Agents Limited. The outlook for both …

Ratings Roundup: Ocaso, Mariah Re (Notes)

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A+’ (Superior) and the issuer credit rating of ‘aa-‘ of Spain’s Ocaso, S.A. Seguros y Reaseguros. The outlook for both ratings is stable. The ratings reflect …

Best Affirms Generali Deutschland and Subs ‘A+’ Ratings; Outlook Stable

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of ‘aa-‘ of Generali Deutschland Holding AG and its main subsidiaries. The outlook for all of the ratings …

S&P Changes Willis Group Outlook to Positive; Affirms Ratings

Standard & Poor’s Ratings Services has revised its outlook on Ireland-domiciled Willis Group Holdings PLC to positive from stable, and has affirmed its ‘BBB-‘ long-term counterparty credit rating on Willis and related ratings on debt issues outstanding. “The positive outlook …

Best Affirms Catlin Insurance Companies Ratings; Outlooks Stable

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of ‘a’ of Bermuda-based Catlin Insurance Company Limited (CICL), Catlin Insurance Company (UK) Ltd. and Catlin Re Switzerland …

S&P Assigns ‘A’ Rating to Allied World’s Swiss Sub; Outlook Positive

Standard & Poor’s Ratings Services has assigned its ‘A’ financial strength rating to Allied World Assurance Co. AG (AW Switzerland), a newly formed operating subsidiary of Bermuda-based operating company Allied World Assurance Co. Ltd. (Allied World; A/WatchPos/–). The ultimate parent …

Best Affirms Ameriprise Financial and Subs Ratings

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Minneapolis-based RiverSource Life Insurance Company and its wholly owned subsidiary, RiverSource Life Insurance Co. of New York. Best also …

Ratings Roundup: MS Frontier, Abu Dhabi National

A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Bermuda-based MS Frontier Reinsurance Ltd., both with stable outlooks. MS Frontier is a wholly owned subsidiary of Mitsui Sumitomo Insurance Company, …

Louisiana Citizens’ Bond Rating Upgraded

Fitch Ratings has upgraded the bond rating of Louisiana’s property insurer of last resort. State Insurance Commissioner Jim Donelon announced that the bond rating for Louisiana Citizens Property Insurance Corp. (Citizens) has been upgraded to “A-” from “BBB” for the …