Ratings News

Best Upgrades ACE Limited and Subs Issuer Credit Ratings; Affirms FSR’s

A.M. Best Co. has upgraded the issuer credit ratings (ICR) and senior debt ratings to “a” from “a-” for Zurich-based ACE Limited and ACE INA Holdings Inc. Best has also upgraded the ICR to “aa” from “aa-” and affirmed the …

Best Upgrades Issuer Credit Rating of ACE European Group; Affirms FSR

A.M. Best Europe – Rating Services Limited has upgraded the issuer credit rating (ICR) to “aa” from “aa-” and affirmed the financial strength rating (FSR) of ‘A+’ (Superior) of the UK-based ACE European Group Limited (AEGL). The outlook for the …

Best Affirms Argo Group International and Subs Ratings

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Argo Re Ltd. and its subsidiaries. Best also affirmed the ICR of “bbb” and debt ratings of the …

Best Affirms International General’s Ratings

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Bermuda-based International General Insurance Company Limited (IGI), and the ICR of “bbb-” of International General Insurance …

A.M. Best Downgrades Ratings of Dallas National Insurance

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 Dallas National Insurance Co. (DNIC) in Dallas, Texas. The outlook for both ratings is negative. The …

A.M. Best Downgrades Springfield Fire & Casualty Ratings

A.M. Best Co. has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and issuer credit rating to “a-” from “a” of Springfield Fire & Casualty Co. of Springfield, Ill. The outlook for both ratings has been revised …

Best Affirms Ratings of Marine TT Clubs in Bermuda and UK

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’- (Excellent) and the issuer credit ratings of “a-” of Bermuda-based Through Transport Mutual Insurance Association Limited (TTB) and its subsidiary, the UK-based TT Club Mutual …

Ratings Recap: United Auto/Argus, Doctors Co., GeoVera, Medical Mutual, MAG Mutual

A.M. Best Co. has placed under review with developing implications the financial strength rating of ‘C’ (Weak) and issuer credit ratings of “ccc” of Florida-based United Automobile Insurance Group and its member, United Automobile Insurance Company. Best has also downgraded …

Best Revises Liberty Mutual Holding and Subs Outlook to Stable

A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Liberty Mutual Insurance Companies and Peerless Insurance Company Pool and their …

Best Affirms ProAssurance and Members Ratings; Revises ICR to Positive

A.M. Best Co. has revised the outlook to positive from stable and affirmed the issuer credit ratings (ICR) of “a” of ProAssurance Group and its members. Best has also affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of ProAssurance. …