A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Swiss-based Infrassure Ltd. and its affiliate, Infrassure Ltd., Vaduz, which is based in Liechtenstein. The outlook for all of the …
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Spain’s MAPFRE RE, Compania de Reaseguros, S.A., but bothratings have negative outlooks. The ratings reflect MAPFRE RE’s “integral role” within the …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of the UK-based Sunderland Marine Mutual Insurance Company Limited (SMMI), both with stable outlooks. Best said it anticipates an improvement in SMMI’s …
Following the announcement of Hallmark Insurance Co.’s proposed acquisition of State Auto National Insurance Co., A.M. Best Co. has commented that the financial strength rating of A- (Excellent) and issuer credit ratings (ICR) of “a-” of Hallmark Insurance Group of …
A.M. Best has affirmed Los Angeles-based Topa Insurance Co.’s credit rating of A- (Excellent) with a stable outlook. According to the rating agency, the stable rating is based on the consolidated operating performance and financial condition of Topa and its …
A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “bbb+” from “bbb” and affirmed the financial strength rating of B++ (Good) of Florida Family Insurance Co. and Lakeview Insurance Co. A.M. Best said the outlook for all ratings …
A.M. Best Co. has downgraded the financial strength rating to ‘B+’ (Good) from ‘B++’ (Good) and issuer credit rating to “bbb-” from “bbb” of San Bruno-based Business Alliance Insurance Company (BAIC). Best also placed the ratings under review with negative …
Standard & Poor’s Ratings Services has raised its counterparty credit rating on Arch Capital Group Ltd. to ‘A-‘ from ‘BBB+’. S&P also raised its counterparty credit and financial strength ratings on Arch Capital’s operating insurance and reinsurance companies to ‘A+’ …
A.M. Best Co. has affirmed the financial strength rating of ‘A ‘(Excellent) and issuer credit ratings of “a” of Sweden’s Skandia Insurance Company Ltd. and Skandia Life Assurance Company Limited (Skandia UK), the main subsidiaries in Old Mutual plc’s Nordic …
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Bermuda-based Lancashire Insurance Company Limited and Lancashire Insurance Company (UK) Limited, collectively …
