A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit ratings of “a” of China Reinsurance (Group) Corporation (China Re) and its subsidiaries, China Property & Casualty Reinsurance Company Ltd. (CPCR) and China Life …
A.M. Best Co. has upgraded the issuer credit rating to “a+” from “a” and affirmed the financial strength rating of ‘A’ (Excellent) of AMEX Assurance Company, a wholly owned subsidiary of American Express Company. The outlook for both ratings is …
A.M. Best Europe – Rating Services Limited has upgraded the financial strength rating to ‘B+’ (Good) from ‘B’ (Fair) and issuer credit rating to “bbb-” from “bb+” of Nigeria’s Continental Reinsurance Plc, both with stable outlooks. The rating upgrades reflect …
Standard & Poor’s Ratings Services has revised its outlook on AEGON N.V. and its operating subsidiaries to stable from negative, and has affirmed the ‘AA-‘ long-term counterparty credit and insurer financial strength ratings on AEGON’s core subsidiaries and the ‘A-/A-2’ …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B++’ (Good) and the issuer credit rating of “bbb” of Oman’s National Life & General Insurance Company SAOC (NLGIC); however, best’s outlook on both ratings remains …
A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘E’ (Under Regulatory Supervision) from ‘D’ (Poor) and issuer credit rating (ICR) to “rs” from “c” of Florida-based National Group Insurance Company (NGIC), a wholly owned, 100 percent reinsured …
A.M. Best Co. has downgraded the financial strength ratings (FSR) to ‘A’ (Excellent) from ‘A+’ (Superior) and issuer credit ratings (ICR) to “a+” from “aa-” of Old Republic Insurance, Bituminous Insurance Companies of Rock Island, Ill and their respective property/casualty …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of the UK’s Sunderland Marine Mutual Insurance Company Limited (SMMI), both with stable outlooks. Best noted that “SMMI’s …
A.M. Best Co. has affirmed the financial strength ratings of ‘A-‘ (Excellent) and the issuer credit ratings of “a-” of Swiss-based Infrassure Ltd. and its affiliate, Infrassure Ltd., Vaduz, which is based in Liechtenstein. The outlook for all of the …
In an announcement that received slightly less notice than the downgrading of the U.S.’ ratings from ‘AAA’ to ‘AA+’, Standard & Poor’s also announced that it has revised its outlook on Platinum Underwriters Reinsurance Inc. and Platinum Underwriters Bermuda Ltd. …
