Ratings News

Best Affirms Selective Group’s ‘A+’ Ratings; Outlook Negative

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Selective Insurance Group and its seven P/C pooling members. Best also affirmed the ICR of “a-” and debt ratings …

Best Affirms Platinum’s ‘A’ Ratings

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Platinum Underwriters Group and its members. Best also has affirmed the ICR of “bbb” of Platinum Underwriters Holdings, …

Best Affirms EMC Group’s ‘A-‘ Ratings; Revises Outlook to Positive

A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength ratings (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of EMC Insurance Companies (EMC) and its seven P/C members, which operate …

Ratings Recap: Ageas (ex-Fortis), Island Heritage, New Century

Standard & Poor’s Ratings Services has affirmed its ‘A-‘ long-term counterparty credit and insurer financial strength ratings on AG Insurance and the operating entities of Millenniumbcp-Fortis Grupo Segurador S.G.P.S. S.A.; its ‘BBB-/A-3’ issuer credit rating on holding companies Ageas N.V. …

Ratings: Evergreen RRG, Farmers Mutual Branch County, Mid-Continent, Ophthalmic Mutual

A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of’ B+’ (Good) and issuer credit rating (ICR) of “bbb-” of Vermont-based Evergreen USA, Risk Retention Group, Inc. Best also affirmed the …

Best Affirms Berkley Group’s ‘A+ Ratings

A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Berkley Insurance Group, Admiral Insurance Group, Berkley Regional Group and Nautilus Insurance Group and their respective P/C members. Best …

Ratings Recap: Zenith, BancInsure, First Chicago, Town & Country, Rural Community

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Zenith National Insurance Group and its members, Zenith Insurance Company and its wholly owned subsidiary, ZNAT Insurance Company. Best …

Ratings Roundup: International General, Civic Assurance (NZ)

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Bermuda-based International General Insurance Company Limited (IGI). Best also affirmed the ICR of “bbb-” of International General Insurance Holdings Limited …

S&P Affirms Alterra’s Ratings Following Max Cap, Harbor Point Merger

Standard & Poor’s Ratings Services said today that it affirmed its ‘BBB’ counterparty credit rating on Bermuda-based insurance and reinsurance holding company Alterra Capital Holdings Ltd., which was formerly known as Max Capital Group Ltd. S&P also said that it …

Best Affirms Lloyd’s Syndicate 1225 (AEGIS) ‘A’ Rating; Stable Outlook

A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Lloyd’s Syndicate 1225, which is managed by AEGIS Managing Agency Limited , both with stable outlooks. Best pointed out that the …