upgrade News

Best Upgrades ACE Limited and Subs Issuer Credit Ratings; Affirms FSR’s

A.M. Best Co. has upgraded the issuer credit ratings (ICR) and senior debt ratings to “a” from “a-” for Zurich-based ACE Limited and ACE INA Holdings Inc. Best has also upgraded the ICR to “aa” from “aa-” and affirmed the …

Best Upgrades Issuer Credit Rating of ACE European Group; Affirms FSR

A.M. Best Europe – Rating Services Limited has upgraded the issuer credit rating (ICR) to “aa” from “aa-” and affirmed the financial strength rating (FSR) of ‘A+’ (Superior) of the UK-based ACE European Group Limited (AEGL). The outlook for the …

Best Affirms No. Am. Casualty Financial Ratings; Upgrades Debt

A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” of North American Casualty Group (NAC) and its members, California Insurance Company, and Continental Indemnity Company, which operate under a pooling arrangement. Best also affirmed NAC’s …

Best Revises Arch Capital and Subs Outlook to Positive; Affirms Ratings

A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Bermuda’s Arch Reinsurance Ltd. and its strategic affiliates. Best also revised …