A.M. Best Co. announced that it has affirmed the ratings of Chicago-based Chartis Specialty Insurance Company “in conjunction with its recent membership in the Lexington Insurance Pool. The company was previously a member of the Chartis U.S. Insurance Group. Best …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings of “aa-” of the Bermuda-based PartnerRe Group and its members. Best also affirmed the ICR of “a-” and debt ratings of PartnerRe’s parent, …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘B++’ (Good) and the issuer credit rating (ICR) of “bbb+” of Japan’s Fuji Fire & Marine Insurance Company, Limited, and has revised its outlook on the ratings from negative …
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of B++ (Good) and the issuer credit rating (ICR) of “bbb” for Dallas National Insurance Company (DNIC) in Dallas, Texas. The change in …
A.M. Best said it has downgraded the issuer-credit rating of New York-based Eveready Insurance Co. to “bb”, down from “bb+”. The ratings agency also affirmed the company’s financial strength rating of B (Fair), but revised downward the outlook for both …
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa” of Allianz S.p.A. (Italy), both with stable outlooks. Best explained that the ratings reflect the “enhancement received from the implicit support …
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Intact Insurance Group and its members: Belair Insurance Company Inc. (Montreal, Quebec), Intact Insurance Company, Novex Insurance Company, The Nordic …
A.M. Best Co. has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit rating to “a” from “a-” of New Zealand’s Farmers’ Mutual Group (FMG or the group) and its subsidiary, FMG Insurance Limited …
Standard & Poor’s Ratings Services has revised its outlook on Marsh & McLennan Cos. (MMC) to negative from stable. S&P has also affirmed its ‘BBB-‘ long-term and ‘A-3’ short-term counterparty credit ratings on the company. “The outlook revision follows MMC’s …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Iowa-based Toyota Motor Insurance Company (TMIC), both with stable outlooks. The ratings reflect the company’s “adequate capitalization and improved operating performance,” …
