Standard & Poor’s Ratings Services has lowered its counterparty credit and financial strength ratings on American International Group Inc.’s (AIG) Chartis operating subsidiaries to ‘A’ from ‘A+’. S&P also said it has revised the outlook on AIG and all its …
Standard & Poor’s Ratings Services announced that it has affirmed its long-term counterparty credit and insurer financial strength ratings on Hannover ReTakaful B.S.C. (Hannover ReTakaful), Trust International Insurance & Reinsurance Co. B.S.C. (c) (Trust Re), and Saudi National Insurance Co. …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Endurance Specialty Insurance Ltd. and its affiliates. Best also affirmed the ICR of “bbb” and debt ratings of the …
Standard & Poor’s Ratings Services has affirmed its ‘AA-‘ long-term counterparty credit and insurer financial strength ratings on the various operating entities of Switzerland-based insurance group Zurich Financial Services (collectively ZFS), which includes Zurich Insurance Co. Ltd. (ZIC), Ireland-based Zurich …
Standard & Poor’s Ratings Services has said that its ratings and outlook on Netherlands-based insurance holding company AEGON N.V. (‘A-‘/Negative/A-2) and its core insurance operating subsidiaries (‘AA-‘/Negative/–) are unaffected by AEGON’s announcement that it aims to issue 173.6 million common …
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and issuer credit rating (ICR) to “aa-” from “a” of Agri General Insurance Company (AGIC) of Johnston, Iowa, and has removed the ratings from …
A.M. Best Europe – Rating Services Limited has commented that the rating of Australia’s QBE Insurance Group Limited is “unchanged following the announcement that it has entered into a ten-year distribution agreement with Bank of America Corporation for lender-placed and …
A.M. Best Co. has withdrawn the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa-” of New York-based Westchester Fire Insurance Company (WFIC) and assigned an NR-5 (Not Formally Followed) to the FSR and an …
A.M. Best Co. has commented that the financial strength rating of ‘A’ (Excellent) and issuer credit ratings of “a” of the New York-based QBE Re Group – US and its members are unchanged following the announcement that the ultimate parent, …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Ohio-based National Interstate Group and its members. Best also affirmed the ICR of “bbb+” of the group’s publicly traded parent, …
