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Posted inRatings

AM Best affirms credit ratings of Samsung Fire & Marine Insurance of Europe Limited

LONDON: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of Samsung Fire & Marine Insurance Company of Europe Limited…
Posted by NNR June 25, 2020
Posted inRatings

Performance bond demand spotlights differences between approaches of European and US models

LONDON: European governments need to seriously consider the behavioural consequences of different performance bond models for government investment projects, especially as they embark on projects to kick-start COVID-19-affected economies. In…
Posted by NNR June 25, 2020
Posted inRatings

AM Best affirms credit ratings of Toyota Motor Insurance Company

OLDWICK: Global rating agency AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Toyota Motor Insurance Company (TMIC) (Cedar…
Posted by NNR June 25, 2020
Posted inRatings

S&P reaffirms Meridian Energy’s BBB+ corporate credit rating

PERTH: Ratings agency Standard & Poor’s has reaffirmed Meridian Energy’s corporate credit rating as BBB+/Stable/A-2. This includes the current one-notch uplift from the Company’s stand-alone rating of ‘bbb’, reflecting the…
Posted by NNR June 25, 2020
Posted inRatings

S&P Global upgrades Petropavlovsk PLC ratings with stable outlook on solid performance

LONDON: Petropavlovsk PLC announced that S&P Global Ratings (S&PGR) has upgraded its long-term issuer credit and issue ratings on Petropavlovsk and its senior unsecured bonds to 'B' from 'B-' with…
Posted by NNR June 24, 2020
Posted inRatings

AM Best affirms credit ratings of AMERISAFE Inc. and its operating subsidiaries

OLDWICK: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” of American Interstate Insurance Company (Omaha, NE), Silver…
Posted by NNR June 23, 2020
Posted inRatings

AM Best upgrades issuer credit rating of Nations Insurance Company

OLDWICK: AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb+” from “bb” and affirmed the Financial Strength Rating (FSR) of B (Fair) of Nations Insurance Company…
Posted by NNR June 23, 2020
Posted inRatings

Fitch reaffirms GFH Financial Group’s long-and short-term issuer default rating

DUBAI: GFH Financial Group announced Fitch Ratings, the international credit rating agency, has reaffirmed the Group’s rating Long-and Short-Term Issuer Default Rating (IDR) at 'B’ with the outlook on the…
Posted by NNR June 21, 2020
Posted inRatings

AM Best affirms credit ratings of Solen Versicherungen and Noble Assurance Company

LONDON: American rating agency AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of Switzerland based Solen Versicherungen AG (SVAG)…
Posted by NNR June 20, 2020
Posted inRatings

AM Best revises issuer credit rating outlook to negative for Navigators International Insurance Company

LONDON: AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating of A (Excellent) and the…
Posted by NNR June 20, 2020
Posted inRatings

AM Best affirms ratings of Orient Insurance and Orient Takaful

The group has a track record of consistently outperforming its peers in terms of underwriting and overall profitability, which has been largely free of material fluctuations despite severe competition and…
Posted by NNR June 18, 2020
Posted inRatings

AM Best downgrades credit ratings of Turkey’s Milli Re

LONDON: Rating agency AM Best has downgraded the Financial Strength Rating (FSR) to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb+” from “bbb-”…
Posted by NNR June 18, 2020

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All news and articles on NewsnReleases are based on press releases, corporate announcements and analysts’ reports issued to London Stock Exchange (LSE), Euronext, Singapore Exchange (SGX), Japan Stock Exchange (JPX), Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchange etc.

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