AM Best removes from under review, upgrades ratings of insurance companies February 4, 2021 OLDWICK: Global rating agency AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating (FSR) to A++ (Superior)…
AM Best February 4, 2021 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…
UK commercial property insurers looking beyond difficult 2020 February 1, 2021 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,…
AM Best affirms issue credit rating of Northwind Holdings LLC October 28, 2020 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…
AM Best affirms credit ratings of Eurasia Insurance Company August 21, 2020 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…
AM Best affirms ratings of State Automobile Mutual Insurance and its subsidiaries July 17, 2020 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…
AM Best affirms credit ratings of Wright National Flood Insurance July 8, 2020 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…
AM Best downgrades credit ratings of General Insurance Corporation of India July 2, 2020 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…
U.S. insurers’ private equity holdings continue to climb June 30, 2020 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…
London Life International Reinsurance assigned strong ratings with stable outlook June 25, 2020 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…
