Standard & Poor’s Ratings Services raised its ratings on Bermuda-based Allied World Assurance Co. Holdings AG and its operating subsidiaries by one notch. The counterparty credit rating on the holding company was raised to ‘BBB+’ from ‘BBB’ and the counterparty …
A.M. Best Co. has downgraded the financial strength rating to ‘B-‘ (Fair) from ‘B+’ (Good) and the issuer credit rating to “bb-” from “bbb-” of First Jersey Casualty Insurance Company, Inc. (FJCIC), and has assigned a negative outlook to both …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating of “a-” of EMC Insurance Companies (EMC) and its seven property/casualty insurance company affiliates, which operate under an inter-company pooling agreement led by …
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 the Tower US Pool and its pooled and reinsured members. Best …
A.M. Best Co. has downgraded the financial strength rating (FSR) to A (Excellent) from A+ (Superior) and issuer credit ratings (ICR) to “a+” from “aa-” of Columbus, Ohio-based State Auto Insurance Companies (State Auto) and its operating members. Concurrently, A.M. …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Cayman Islands-based Island Heritage Insurance Company, Ltd., both with stable outlooks. The ratings of Island Heritage reflect its “solid level of …
A.M. Best Co. has commented that the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of Doctors Company Insurance Group (TDC) and its members, led by The Doctors Company, an Interinsurance Exchange, based in Napa, Calif., …
Standard & Poor’s has affirmed its ‘A’ counterparty credit and financial strength ratings on Platinum Underwriters Reinsurance Inc. and Platinum Underwriters Bermuda Ltd. (collectively referred to as Platinum). S&P also affirmed its ‘BBB+’ counterparty credit rating on Platinum Underwriters Holdings …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Platinum Underwriters Bermuda, Ltd. and its strategic affiliate Platinum Underwriters Reinsurance, Inc. Best also affirmed the ICR of “bbb” …
