A.M. Best Co. has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and issuer credit ratings (ICR) to “a” from “a-” of DeRidder, La.-based Amerisafe Insurance Group (Amerisafe) and its pool members. Amerisafe includes American Interstate Insurance …
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from’ B++’ (Good) and the issuer credit ratings (ICRs) to “aa-” from “bbb” of Keystone Insurance Company and its subsidiaries, AAA Mid-Atlantic Insurance Company (AAA MAIC) and …
Standard & Poor’s Ratings Services has revised its outlook on New York-based Navigators Group Inc. and its insurance units to negative from stable. S&P also affirmed its ‘BBB’ counterparty credit rating on Navigators Group Inc. and its ‘A’ counterparty credit …
A.M. Best Europe – Rating Services Limited has revised the outlook to stable from negative and affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Guernsey-based Jupiter Insurance Limited, a captive of BP plc, …
A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” of North American Casualty Group (NAC) and its members, California Insurance Company, and Continental Indemnity Company, which operate under a pooling arrangement. Best also affirmed NAC’s …
A.M. Best Europe – Rating Services Limited has withdrawn the financial strength rating of ‘B’ (Fair) and the issuer credit rating of “bb” of Arab Union Reinsurance Company (AURe), which is based in Syria. Best explained that the “withdrawal is …
A.M. Best Europe – Rating Services Limited has commented that the ratings for the UK’s Aviva plc and its subsidiary companies remain unchanged as a result of Aviva’s announcement to sell a portion of its holding in the Netherlands-based Delta …
A.M. Best Co. has commented that the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Cayman Islands-based Greenlight Reinsurance, Ltd. are unchanged after announcement of a change in top management. The outlook for both ratings …
A.M. Best Co. has upgraded the issuer credit rating (ICR) to “bbb+” from “bbb” and affirmed the financial strength rating (FSR) of’ B++’ (Good) of Bermuda-based Elwood Insurance Limited, and has revised its outlook for the ICR to stable from …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Harleysville Insurance and its property/casualty pooling members, including the lead company, Harleysville Mutual Insurance Company. Best also affirmed the …
