A.M. Best Co. announced that, in separate actions, it has withdrawn the ratings of two Midwest-based mutual insurance companies at the request of those companies. Best affirmed the financial strength rating (FSR) of C++ (Marginal) and issuer credit rating (ICR) …
Insurance company rating firm Demotech, Inc. said it has affirmed the Financial Stability Ratings of A, Exceptional, assigned to Tower Hill Prime Insurance Co., Tower Hill Preferred Insurance Co., Tower Hill Select Insurance Co. and Omega Insurance Co. Demotech said …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of UK-based QBE Insurance (Europe) Limited , Australia’s QBE Insurance (International) Limited and QBE Reinsurance (Europe) Limited, which is based …
A.M. Best Co. has affirmed the various financial strength ratings (FSR) and issuer credit ratings (ICR) of the operating entities of QBE the Americas, which include the New York-based QBE Re Group, the Delaware-based QBE Regional Insurance Group and its …
A.M. Best Co. has assigned a financial strength rating of ‘A’ (Excellent) and an issuer credit rating of “a” to Chicago-based Starr Surplus Lines Insurance Company, a wholly owned subsidiary of Bermuda-based Starr Insurance & Reinsurance Limited and an indirect …
Standard & Poor’s Ratings Services today said it assigned its ‘A+’ insurance financial strength rating on Progressive Motor Insurance Co. (PMIC); however, the outlook is negative.”The rating on PMIC is based on the support of a guarantee provided by Progressive …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Accident & General Insurance Company Ltd. (AGI) of the Cayman Islands, both with stable outlooks. Best then withdrew the …
Standard & Poor’s Ratings Services has lowered its unsolicited long-term counterparty credit and senior unsecured debt ratings on Toronto-based specialty insurance provider Kingsway Financial Services Inc. to ‘CCC+’ from ‘B-‘ with a negative outlook. “The downgrade reflects our concerns over …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of German insurer HDI-Gerling Industrie Versicherung AG. Best also affirmed the debt rating of “bbb+” on the €250 million …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of German insurer HDI Haftpflichtverband der Deutschen Industrie V.a.G. (HDI V.a.G.), the ultimate mutual parent company of Talanx AG, …
