MS Reinsurance, the reinsurance subsidiary of MS&AD Insurance Group Holdings, has received rating upgrades from AM Best and S&P Global Ratings. On April 26, 2024, AM Best announced it had upgraded the company’s financial strength rating to “A+” (Superior) from …
Convex Group Ltd. announced the launch of a Luxembourg-based European insurance entity, Convex Europe SA (CES). Convex received regulatory approval on Sept. 15, 2021 from the Luxembourg regulator, the Commissariat aux Assurances (CAA). CES has received an “A-” rating from …
CNA Financial Corp. has achieved an “A+” financial strength rating from Standard & Poor’s, an upgrade made in recognition of the Chicago-based insurer’s efforts to improve its operations and culture. S&P Global Ratings made the upgrade from an initial “A” …
CNA Group gained an outlook upgrade from Standard & Poor’s based on improvement of its commercial lines business. S&P Global Ratings revised its outlook for CNA to positive from stable. The ratings agency also affirmed its “A” long-term issuer credit …
