AM Best maintains ratings for Suez Canal Insurance amidst economic challenges in Egypt
LONDON: AM Best has reaffirmed the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of “bb-” (Fair) for Suez Canal Insurance...
AM Best removes from under review, upgrades ratings of insurance companies
OLDWICK: Global rating agency AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating (FSR) to A++ (Superior) from...
AM Best
Founded in 1899, AM Best is the world’s first credit rating agency. It all began with the founder working out of a one-room office in...
UK commercial property insurers looking beyond difficult 2020
LONDON: Although disputes around non-damage business interruption (BI) cover, which made 2020 a difficult year for U.K. commercial property insurers, should subside in 2021, challenges...
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...
AM Best affirms credit ratings of Eurasia Insurance Company
LONDON: Insurance sector rating agency, AM Best has affirmed the credit ratings of Eurasia Insurance Company based on company’s strong operating performance, neutral business profile...
AM Best affirms ratings of State Automobile Mutual Insurance and its subsidiaries
OLDWICK: AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of State...
AM Best affirms credit ratings of Wright National Flood Insurance
OLDWICK: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit of “a-” of Wright National Flood Insurance Company...
AM Best downgrades credit ratings of General Insurance Corporation of India
SINGAPORE: Global rating agency AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating...
U.S. insurers’ private equity holdings continue to climb
NEW YORK: U.S. insurance companies for a fourth-straight year increased their private equity holdings by nearly 10% in 2019 to $81.3 billion as this asset...
London Life International Reinsurance assigned strong ratings with stable outlook
OLDWICK: Rating agency AM Best has assigned a Financial Strength Rating of A+ (Superior) and a Long-Term Issuer Credit Rating of “aa” to London Life...
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...