November 12, 2014
A.M. Best has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of “a-” to Kelvin Re Limited (Guernsey). The outlook assigned to both ratings is stable. The ratings reflect Kelvin Re’s strong capitalization, diversified projected …
October 31, 2014
A.M. Best has revised the outlook to positive from stable for the issuer credit rating (ICR) of Union Insurance Company P.S.C. (Union) (United Arab Emirates). At the same time, A.M. Best has affirmed the financial strength rating (FSR) of B++ …
October 31, 2014
A.M. Besthas upgraded the financial strength rating (FSR) to A (Excellent) from A- (Excellent) and the issuer credit rating (ICR) to “a” from “a-” of Greenlight Reinsurance Ireland Limited. Concurrently, A.M. Besthas affirmed the FSR of A (Excellent) and the …
October 27, 2014
A.M. Best has upgraded the financial strength rating to A from A- (Excellent) and issuer credit rating (ICR) to “a” from “a-” of Reaseguradora Patria, S.A. (Patria Re) (Mexico). The outlook for these ratings was revised to stable from positive. …
October 9, 2014
A.M. Best has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to “a” from “a-” of Taiping Reinsurance Company Limited (TPRe) (Hong Kong). The outlook for both ratings is stable. The ratings …
September 24, 2014
The Saudi insurance market continued its strong growth over the first half of 2014 with gross written premium expanding 24 percent compared with the first half of 2013, according to a new Best’s briefing. The briefing, titled, “Saudi Market Rebounds …
September 23, 2014
A.M. Best has placed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Gulf Reinsurance Limited (Gulf Re) (United Arab Emirates) under review with negative implications. The action follows an accepted appeal by Gulf …
July 28, 2014
A.M. Best has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of Lloyd’s and Lloyd’s Insurance Company (China) Limited (LICCL) (China). Best also affirmed the ICR of “a” of Society of Lloyd’s …
February 25, 2014
A.M. Best has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Validus Reinsurance, Ltd., (Validus Re – Bermuda) and Validus Reinsurance (Switzerland) Ltd. (VRS), as well as the ICR of “bbb” and …