A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and the issuer credit rating of “a+” of Lloyd’s Syndicate 3000, both with stable outlooks. The ratings reflect the financial strength of the Lloyd’s market, which underpins the …
A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of “a” of Mercer Insurance Group of Pennington, N.J. The ratings apply to the four …
In most hurricane-prone states, homeowners have few choices of insurance coverage, with just eight property and casualty insurers in each state controlling up to 77.2 percent of the market share, according to Weiss Ratings. Weiss identified Florida, Louisiana, North Carolina, …
Standard & Poor’s Ratings Services has revised its outlook on Allied World Assurance Co. Holdings Ltd. (AWH) and its operating subsidiaries to positive from stable. S&P also affirmed all of its ratings on AWH, including the ‘BBB’ counterparty credit rating, …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Argo Re Ltd. and its subsidiaries. Best also affirmed the ICR of “bbb” and debt ratings of the …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of the UK’s Brit Insurance Limited (BIL). Best also affirmed the ICR of “bbb” of Brit Insurance Holdings N.V. (BIHNV), based …
A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the New Jersey-based Mercer Insurance Group. The ratings also apply to the …
A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A+’ (Superior) and issuer credit rating (ICR) to “a” from “aa-” of Guernsey-based Jupiter Insurance Limited, a captive of BP plc. The outlook for both ratings …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of the Bermuda-based Through Transport Mutual Insurance Association Limited (TTB) and its subsidiary, the UK-based TT Club Mutual Insurance Limited (TTI), …
A.M. Best Co. has downgraded the financial strength rating (FSR) to B- (Fair) from B (Fair) and issuer credit ratings (ICR) to “bb-” from “bb+” of Affirmative Insurance Group and its members. A.M. Best also downgraded the ICR to “ccc+” …
