Ratings News

Ratings Recap: Meadowbrook, C.P.A.

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Meadowbrook Insurance Group and its pooled members. Best also affirmed the ICR of “bbb-” of the parent holding company, …

Best Puts Clarendon’s Ratings on Review/Negative for Enstar Sale

A.M. Best Co. has placed under review with negative implications the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Delaware-based Clarendon Insurance Group and its members. The ratings action affects the following companies …

Fitch Affirms Brazil’s Sul America’s Ratings; Outlook Stable

Fitch Ratings Has affirmed today the following International and National ratings assigned to Sul America S.A. (Sasa), the holding company of Sul America Seguros (SAS): –Foreign and Local Currency Long-Term Issuer Default Ratings (IDRs) at ‘BB+’; –Foreign and Local Currency …

Best Affirms Progressive and Subs ‘A+’ Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of the Progressive Agency Pool, Progressive Direct Pool and Progressive Commercial Auto Group (collectively known as Progressive) and their respective …

Best Affirms USAA and Subs ‘A++’ Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aaa” of Texas-based United Services Automobile Association (USAA) and its property/casualty and life/health subsidiaries. Best also affirmed the debt rating of …

Best Affirms Transatlantic Holdings and Subs ‘A’ Ratings of

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of new York-based Transatlantic Reinsurance Company, Swiss-based Trans Re Zurich Reinsurance Company Ltd. and Putnam Reinsurance Company. Best also affirmed …

Ratings Roudup: PMG (Sony), Qatar General, Al Ittihad

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Bermuda-based PMG Assurance Ltd., both with stable outlooks. The ratings reflect PMG’s “excellent capitalization, historically strong operating performance and …

Best Europe Affirms ‘A’ Ratings of HDI, Gerling, Talanx Companies

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of Germany’s HDI Haftpflichtverband der Deutschen Industrie V.a.G. (HDI V.a.G.), the ultimate mutual parent company …

Ratings Recap: Allianz Global (US), Balboa Group, North Light, Heritage

A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings of “aa” of Allianz Global Corporate & Specialty North America (AGCS NA), which includes Allianz Global Risk US Insurance Company, Allianz Underwriters Insurance Company, …

Ratings: Aspen, Allianz Risk Transfer, Inter Hannover UK, Transsib Re, Jordan Insurance

Standard & Poor’s Ratings Services has assigned its preliminary ‘BBB+’ senior debt, preliminary ‘BBB’ subordinated debt, preliminary ‘BBB-‘ junior subordinated debt, and preliminary ‘BBB-‘ preferred stock ratings to Aspen Insurance Holdings Ltd.’s recently filed universal shelf registration program. The ratings …