Tunisia News

Ratings Recap: Allianz (UK), Generali (France), Generali (Germany), BEST Re

A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa” of UK-based Allianz Insurance plc (AZI) with a stable outlook. Best stated: “AZI’s stand-alone risk-adjusted capitalization is expected to remain excellent during …

Best Upgrades Company Ratings after Country Risk Methodology Review

A.M. Best Co. announced that it has upgraded the ratings of a nember of companies -l isted below – following a review of the application of its country risk methodology within the rating process. Best explained that as part of …

Ratings Recap: Max Capital, Kenya Re, Tunis Re, Gothaer, Chung Kuo

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and the issuer credit ratings (ICR) of “a-” of Max Bermuda Ltd. and its affiliated companies. Best also affirmed the ICR of “bbb-” of Max Capital Group …

S&P Rates Dubai’s Salama ‘BBB+’; Upgrades B.E.S.T. Re to ‘BBB+’

Standard & Poor’s Ratings Services has assigned its “BBB+” long-term counterparty credit and insurer financial strength ratings to Salama/Islamic Arab Insurance Co. (P.S.C.) (Salama/IAIC), located in Dubai, United Arab Emirates. S&P also raised the long-term counterparty credit and insurer financial …

Best Upgrades, Affirms B.E.S.T. Re Ratings

A.M. Best Co. has upgraded the issuer credit rating to “bbb+” from “bbb” and has affirmed the financial strength rating of B++ (Good) of Tunisia’s B.E.S.T. Reinsurance with a stable outlook. . “The ratings of BEST Re reflect the rating …

Rates UAE’s SALAMA ‘B++’

A.M. Best Co. has assigned a financial strength rating of “B++” (Good) and an issuer credit rating of “bbb+” to the United Arab Emirates SALAMA Islamic Arab Insurance Co. (P.S.C.) with a stable outlook. “The ratings reflect the company’s strong …

S&P Revises B.E.S.T. Re Outlook to Positive; Affirms ‘BBB’ Ratings

Standard & Poor’s Ratings Services has revised its outlook to positive from stable on Tunisia-based reinsurer B.E.S.T. Reinsurance Co. (Best Re). S&P also affirmed the Company’s ‘BBB’ long-term counterparty credit and insurer financial strength ratings. “The outlook revision reflects Best …

Best Affirms B.E.S.T. Re ‘B++’ Ratings

A.M. Best Co. announced that it has affirmed the financial strength rating of “B++” (Very Good) and the issuer credit rating of “bbb” of Tunisia-based B.E.S.T. Reinsurance. The outlook on both ratings remains stable. “The ratings reflect BEST Re’s consistently …

Best Affirms Tunisia’s B.E.S.T Re ‘B++’ Ratings

A.M. Best Co. announced that it has affirmed the financial strength rating of “B++” (Very Good) of Tunisia’s B.E.S.T. Reinsurance (BEST Re). It also assigned an issuer credit rating (ICR) of “bbb” to the company. The outlook on all ratings …

Best Affirms Rating of Tunisia’s BEST Reinsurance

A.M. Best Co. announced that it has, affirmed the financial strength rating of B++ (Very Good) of Tunisia’s BEST Reinsurance (BEST Re), reflecting the company’s “improved level of consolidated risk-adjusted capitalisation, consistently profitable underwriting performance and a diversified spread of …