A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Flagstone Reinsurance Africa Limited, both with stable outlooks. The ratings reflect the company’s” strong risk-adjusted capitalization as well as …
A.M. Best Co. has assigned a debt rating of “bbb” to the recently issued $350 million 8.00 percent 30-year senior unsecured notes due 2039 of Transatlantic Holdings, Inc. (TRH) with a stable outlook. Standard & Poor’s Ratings Services assigned the …
A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of the P/C and life/health insurance subsidiaries of Assurant, Inc. Best also affirmed the ICR of “bbb” and debt ratings of Assurant. At the same …
A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Balboa Insurance Group and its P/C members: Balboa Insurance Company (BIC), Meritplan Insurance Company (both of Irvine, CA), Newport …
A.M. Best Co. has affirmed the ‘A-‘ (Excellent) financial strength rating and issuer credit ratings (ICR) of “a-” of Employers Insurance Group (EMPLOYERS) and its four P/C members, Employers Insurance Company of Nevada (EICN), Calif.-based Employers Compensation Insurance Company (ECIC), …
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. “The ratings reflect Dongbu’s solid market profile, sound underwriting performance and …
Ratings firm A.M. Best Co. has assigned a financial strength rating of B++ (Good) and an issuer credit rating of “bbb” to both Florida-based Lakeview Insurance Co., and its affiliate, Florida Family Insurance Co. The outlook assigned to all of …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” for the subsidiaries of the UK-based non-operating holding company, AVIVA plc. Best also affirmed the ICR of “a-” and the …
A.M. Best has upgraded the ratings of New Hampshire-based insurer Phenix Mutual Fire Insurance Co. Best Co. upgraded the financial strength rating to A (Excellent) from B+ (Good) and issuer credit rating to “a” from “bbb-” of Phenix Mutual. Additionally, …
Standard & Poor’s Ratings Services has revised its outlook on ProAssurance Corp. (PRA) to positive from stable, and has affirmed its ‘BBB-‘ counterparty credit rating on the company. “The outlook revision reflects our view of PRA’s improved financial leverage and …
