Standard & Poor’s Ratings Services has placed its ratings on 17 natural peril catastrophe bonds (listed below) on CreditWatch with negative implications. S&P explained that it took the action following “Risk Management Solutions Inc.’s (RMS) release of its RiskLink V11 …
A.M. Best Co. has affirmed the financial strength rating (FSR) of’ ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Bermuda-based Ariel Reinsurance Company Ltd., as well as the ICR of “bbb-” of Ariel Holdings, Ltd. The outlook for …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Flagstone Reassurance Suisse S.A. and Flagstone Alliance Insurance and Reinsurance PLC, which is based in Limassol, Cyprus. Best also affirmed …
A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of “a+” of Texas-based National Lloyds Insurance Company (National Lloyds) as well as the FSR of A (Excellent) and ICR of “a” …
A.M. Best Co. has affirmed the financial strength ratings (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa-” of Berkley Insurance Group, Admiral Insurance Group, Berkley Regional Group and Nautilus Insurance Group and their respective property/casualty members. A.M. …
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 Illinois-based Madison Mutual Insurance Company, and has revised the outlook for both ratings to stable from …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 382, which is managed by Hardy Underwriting Agencies (HUA). Best has also affirmed …
New Zealand’s government has agreed to provide financial support for AMI, the country’s second-largest residential insurer, after two major earthquakes threatened to deplete its capital, Finance Minister Bill English said on Thursday. English said the potential cost for the government …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Insurance Corporation of Barbados Limited (ICBL), both with stable outlooks. The ratings reflect ICBL’s “solid capitalization, leading market presence in its …
A.M. Best Co. has placed under review with negative implications the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Illinois-based Omega US Insurance, Inc., a subsidiary of Bermuda-based Omega Insurance Holdings Limited and an affiliate …
