Ratings News

The Republic Group’s Ratings Affirmed

Dallas-based regional property/casualty insurer The Republic Group (Republic) announced that A.M. Best Company has affirmed the rating of A- (Excellent) for each of the group’s companies. In addition to affirming the group’s current financial strength, A.M. Best assessed its outlook …

Ratings Roundup: Lemma, Russian Re, Ghana Re, International Energy

A.M. Best Europe – Rating Services Limited has placed under review with negative implications the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Ukraine’s Lemma Insurance Company. Best explained that the rating action “reflects the …

Moody’s Affirms Rating of Fireman’s Fund; Outlook Stable

Moody’s Investors Service affirmed its A2 insurance financial strength rating for Fireman’s Fund Insurance Co. Moody’s also announced that its outlook for the Novato, Calif.-based insurer remains stable, which is consistent with the stable outlook of its parent company, Allianz …

Best Affirms Ratings of Lloyd’s Syndicate 2001 and Amlin plc

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Lloyd’s Syndicate 2001, which is managed by Amlin Underwriting Limited. Best has also affirmed the ICR of …

Best Affirms Amlin AG’s ‘A’ Ratings

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Swiss-based Amlin AG, a reinsurance subsidiary of the Amlin Group, which was formerly based in Bermuda as …

Rating Recaps: PrimeOne, Berkshire Hathaway (Notes), Safety National

A.M. Best Co. has assigned a financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” to Michigan-based PrimeOne Insurance Company, both with stable outlooks. The ratings of PrimeOne “largely reflect its adequate initial capitalization and the track …

Ratings Roundup: NIPPONKOA (Asia), Aspen (Notes), Asia Capital

A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Hong Kong-based NIPPONKOA Insurance Company (Asia) Limited, both with stable outlooks. The rating affirmations reflect NIPPONKOA Asia’s “sound risk-based capitalization, high …

Best Affirms Allstate and Subsidiaries ‘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 Allstate Insurance Group and its members. Best also affirmed the ICR of “a-” and debt ratings of Allstate’s parent, …

A.M. Best Affirms Ratings of Cincinnati Financial and Subs

A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa” of Cincinnati, Ohio-based standard market property/casualty group, The Cincinnati Insurance Companies (CIC) and its members. A.M. Best also has affirmed …

Ratings Roundup: Dongbu, Afianzadora, BNY Trade, Unive Her

A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of South Korea’s Dongbu Insurance Company, Ltd., both with stable outlooks. Best said the ratings reflect Dongbu’s “strong capitalization and favorable operating …