A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of Vermont-based captive Blue Whale Re Ltd., both with stable outlooks. The ratings reflect Blue Whale Re’s “strong capitalization and conservative …
A.M. Best Europe – Rating Services Limited has placed under review with negative implications the financial strength rating of ‘B’ (Fair) and issuer credit rating of “bb+” of Syria’s Arab Union Reinsurance Company (AURe). Best explained that the rating action …
Standard & Poor’s Ratings Services has issued a bulletin analyzing last week’s European Court Of Justice ruling that prohibits gender-based discrimination in the calculation of insurance premiums and benefits. S&P said it is “likely to have a neutral effect on …
A report from A.M. Best Co. provides a timely analysis of the fast approaching implementation of the European Commission’s long-awaited Solvency II insurance regulations, which are now scheduled to come into force as of for January 1, 2013. Best noted …
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Cayman Islands-based Risk Reinsurance Limited (RRL), both with stable outlooks. The ratings reflect RRL’s “superior capitalization and balance sheet strength, profitable …
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 New Zealand Local Government Insurance Corporation Limited (Civic Assurance). Best explained that the rating actions reflect …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of First of Hawaii Group and its members. The outlook for all of the ratings is stable. Best said the …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of CNA Insurance Companies and its P/C members, as well as the ICR of “bbb” and debt ratings of CNA …
A.M. Best Europe – Rating Services Limited has upgraded the issuer credit rating (ICR) to “bbb+” from “bbb” and affirmed the financial strength rating (FSR) of ‘B++’ (Good) of Kazakhstan’s Eurasia Insurance Company JSC, both with stable outlooks. Best said …
Standard & Poor’s Ratings Services said that in its opinion “global multiline insurers’ (GMIs) capital positions have recovered significantly since 2008.” In an article entitled “Capitalization Remains A Key Component Of Global Multiline Insurers’ Creditworthiness Amid Uncertain Market Conditions,” S&P …
