A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘D’ (Poor) from ‘B-‘ (Fair) and issuer credit rating (ICR) to “c” from “bb-” of Universal Casualty Company (UCC). The outlook for both ratings is negative. Best has also …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of the life/health subsidiaries of Netherlands-based AEGON N.V.’s U.S. operations. AEGON’s U.S. life/health companies are collectively referred to as AEGON …
A.M. Best Europe – Ratings Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of French reinsurer SCOR SE and its subsidiaries. Best also affirmed the subordinated debt ratings …
Standard and Poor’s threatened to cut Japan’s sovereign credit rating again, warning the huge cost of last month’s devastating earthquake will hurt already weak public finances unless bickering politicians can agree to raise taxes. It affirmed its long-term sovereign credit …
A.M. Best Co. has upgraded the financial strength rating to ‘A-‘ (Excellent) from ‘B++’ (Good) and issuer credit rating to “a-” from “bbb” of Michigan-based The American Road Insurance Company (TARIC). The outlook for the FSR is stable, while the …
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A- ‘(Excellent) and issuer credit ratings (ICR) to “a” from “a-” for Wilton Reinsurance Bermuda Ltd., Wilton Reassurance Company (Plymouth, MN), Texas Life Insurance Company (Waco, …
A.M. Best Europe – Rating Services Limited has commented that the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 1084 the ICR of “bbb” of the UK’s Chaucer Holdings PLC (CHP) are …
A.M. Best Europe – Rating Services Limited has removed from under review with negative implications and affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of UK-based Brit Insurance Limited (BIL). Best also removed …
Fitch Ratings has affirmed the ratings of ACE Limited and its subsidiaries (collectively, ACE), and has assigned an ‘AA-‘ Insurer Financial Strength rating (IFS) to Agri General Insurance Company (AGIC). Fitch has also withdrawn its rating on ACE’s subsidiary, Westchester …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Lloyd’s Syndicate 1225, which is managed by AEGIS Managing Agency Limited. The outlook for both ratings remains …
