Standard & Poor’s Ratings Services has revised its outlook on Bermuda-based reinsurer Harbor Point Re Ltd. and its U.S.-based subsidiary Harbor Point Reinsurance U.S. Inc. to stable from negative. S&P also affirmed the ‘A-‘ counterparty credit and financial strength ratings …
Massachusetts-based insurer Arbella Insurance Group has received a ratings boost by A.M. Best Co. Best upgraded the insurer’s financial strength rating to A- (Excellent) from B++ (Good) and issuer credit ratings to “a-” from “bbb+”. The new rating covers all …
A.M. Best Co. has affirmed the financial strength ratings (FSRs) of ‘A’ (Excellent) and issuer credit ratings (ICRs) of “a” of Hiscox Insurance Company (Bermuda) Limited, the UK-based Hiscox Insurance Company Limited (Hisco), Hiscox Insurance Company (Guernsey) Limited and Hiscox …
A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 33, which is managed by Hiscox Syndicates Ltd (HSL). Best also affirmed the ICR of “bbb+” of Hiscox …
A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 2010. At the same time Best affirmed the ICR of “bbb+” of Cathedral Capital Holdings Limited, the non-operating …
A.M. Best Co. has assigned its Best’s Syndicate Ratings of ‘A’ (Excellent) and issuer credit ratings of “a+” to Lloyd’s Syndicate 3623 and Lloyd’s Syndicate 3622, with stable outlooks. Syndicates 3623 and 3622 are managed by Beazley Furlonge Limited, a …
A.M. Best Co. has downgraded the financial strength rating to ‘B++’ (Good) from ‘A-‘ (Excellent) and the issuer credit rating to “bbb+” from “a-” of Egypt’s Misr Insurance Company, and has revised its outlook on both of the ratings from …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Beazley Insurance Company, Inc. (BICI), which is based in Farmington, Conn. The outlook for both ratings is stable. “These ratings reflect …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit rating (ICR) of “aa” of Germany’s Allianz Global Corporate & Specialty AG (AGCS AG). Best also affirmed the FSR of ‘A+’ (Superior) and …
Standard & Poor’s Ratings Services announced various rating actions on ING Groep N.V. and subsidiaries, following completion of the European Commission (EC) investigation into state aid [See IJ web site – . https://www.insurancejournal.com/news/international/2009/10/26/104811.htm]. S&P outlined the rating actions as follows: …
