Category: Ratings

LONDON: While many London Market participants began 2020 generally optimistic on the back of signs of pricing improvement, the COVID-19 pandemic has cast a shadow...

OLDWICK: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of M&C General Insurance Company...

OLDWICK: Global insurance sector rating agency, AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR)...

MEXICO CITY: AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Redbridge Insurance Company...

SINGAPORE: AM Best has downgraded the Financial Strength Rating to B+ (Good) from B++ (Good) and the Long-Term Issuer Credit Rating to “bbb-” from “bbb”...

LONDON: S&P Global Ratings (S&P) has upgraded the ContourGlobal PLC (CG) issuer credit rating to ‘BB’ from ‘BB-‘, its subsidiary ContourGlobal Power Holdings (CGPH) to...

SINGAPORE: CapitaLand will be launching an ecommerce platform eCapitaMall, and an online food ordering platform Capita3Eats to complement sales of its shopping malls in Singapore....

KRASNODAR: PJSC Magnit, one of Russia’s leading retailers, announces the assignment of the credit rating by ACRA Agency to the exchange-traded bonds of PJSC Magnit....

OLDWICK: With mortgage delinquency rates expected to dramatically increase due to COVID-19 pandemic-related forbearance and job loss, AM Best has explored the spillover effect into...

MEXICO CITY: AM Best has revised its market segment outlook to negative from stable on Colombia’s insurance industry, owing mainly to the COVID-19 pandemic and...

NEW YORK: For a fourth straight year, the U.S. insurance industry reduced its hedge fund investments, by $2.6 billion in 2019 to $11.9 billion, with...

LONDON: Directa Plus Plc has received a Technology Innovation Award 2020 from global consultants Frost & Sullivan for its graphene based Grafysorber technology for treating...