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Posted inRatings

AM Best downgrades and withdraws credit ratings of Navigators International Insurance Company

LONDON: Insurance sector rating agency, AM Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-”…
Posted by NNR November 13, 2020
Posted inRatings

S&P Global Ratings revises Bank Norwegian outlook from “Negative” to “Stable”

OSLO: S&P Global Ratings has published an update on the rating of Bank Norwegian. S&P Global Ratings revises the outlook from "Negative" to "Stable", while affirming the long-term rating of…
Posted by NNR November 12, 2020
Posted inRatings

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" outlook and A3/Prime-2, with a…
Posted by NNR November 12, 2020
Posted inRatings

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 ICR) to “aa+” from “aa”…
Posted by NNR November 11, 2020
Posted inRatings

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 to the potential negative impacts…
Posted by NNR November 10, 2020
Posted inRatings

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 to a federal investigation into…
Posted by NNR November 10, 2020
Posted inRatings

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 Long-Term Issuer Credit Rating (Long-Term…
Posted by NNR November 6, 2020
Posted inRatings

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 the Long-Term Issuer Credit Rating…
Posted by NNR November 5, 2020
Posted inRatings

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 Insurance Company. The outlook of…
Posted by NNR November 5, 2020
Posted inRatings

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 Rating for the year 2019.…
Posted by NNR November 1, 2020
Posted inRatings

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. The outlook assigned to these…
Posted by NNR October 28, 2020
Posted inRatings

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 Holdings LLC, a Delaware limited…
Posted by NNR October 28, 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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