Fitch and Moody’s affirm al khaliji’s ratings
DOHA, QATAR: Al Khalij Commercial Bank (al khaliji) announced that rating agencies Fitch and Moody’s have affirmed the banks ratings as ‘A’ with a “stable”...
AM Best upgrades credit ratings of Delphi Financial Group, and its subsidiaries
OLDWICK: Global rating agency, AM Best has upgraded the Financial Strength Rating to A++ (Superior) from A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term...
AM Best-rated debt issuance surges over 30% from 2019 amid pandemic
OLDWICK: Total debt issued among AM Best-rated insurers increased 31% to $56.0 billion during the 12-month period that concluded Sept. 30, 2020, as insurers responded...
U.S. insurance companies impairments rise in 2019 due to fraud, bribery investigation
OLDWICK: As many as ten insurance companies became impaired in 2019, compared with three in 2018, including five affiliated life and annuity insurance companies related...
Outlooks for Singapore Reinsurance Corporation revised to negative
OLDWICK: Global rating agency, AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the...
AM Best revises outlooks to positive for SILAC Insurance Company
OLDWICK: Insurance sector rating agency, AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ (Good) and...
AM Best withdraws credit ratings of Weston Insurance Company
OLDWICK: Global rating agency, AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb” of Weston...
BH Mubasher awarded 5-Star Rating by Dubai Financial Market
DUBAI: BH Mubasher Financial Services PJSC, a leading company in the UAE’s financial market, has achieved a 5-starrating in Dubai Financial Market (DFM) Brokers’ Excellence...
Care West Insurance Company assigned financial strength rating of A-
OLDWICK: AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to Care West Insurance Company....
AM Best affirms issue credit rating of Northwind Holdings LLC
OLDWICK: AM Best has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “a” on the $800 million Floating Rate Insured Notes issued by Northwind...
bpha Limited’s A+ rating reaffirmed by Standard & Poor’s
LONDON: Credit rating agency Standard & Poor’s (S&P) has reaffirmed bpha Limited’s long-term credit rating of A+ on 26 October 2020. The outlook for the...
Emeco fully repays $142 million March 2022 Notes
SINGAPORE: Emeco Group has repaid US$142 million (A$195 million), representing 100% of the 31 March 2022 notes (2022 Notes) outstanding, a news release said. The...