All the headlines from our AM Best Topic Page, ordered by recency.
Aug 29 2003 // Two days after Standard & Poor’s lowered its ratings on Munich Re (See IJ Website August 28), and previous article), A.M. Best Co. announced that it has downgraded the group’s financial strength ratings to...
Aug 22 2003 // Five online insurance-related projects have been selected as finalists for the E-Fusion Award, A.M. Best Company’s annual competition designed to recognize outstanding, resourceful uses of Internet technology by an...
Aug 8 2003 // A $308 million after-tax charge taken by Chicago-based carrier CAN Financial Corp.’s primary insurance subsidiaries have led to a downgrade by Fitch Ratings, while A.M. Best says its ratings had already taken into...
Aug 7 2003 // A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) of Sompo Japan Insurance Inc., Japan. The outlook is negative.The rating reflects Sompo Japan’s deteriorated risk-adjusted capitalization,...
Aug 4 2003 // A.M. Best Upholds ‘Excellent’ Rating Of CAP-MPT The A.M. Best Company has upheld its rating of “A” (Excellent) to the Cooperative of American Physicians Inc. – Mutual Protection Trust...
Aug 4 2003 // A.M. Best Co. has placed the financial strength rating of “B” (Fair) of Dewitt-based Iowa Mutual Group under review with positive implications.This rating action acknowledges the agreement between Iowa Mutual...
Aug 1 2003 // A.M. Best Co. has affirmed the A- (Excellent) financial strength rating of Corifrance (France). The rating reflects Corifrance’s excellent capitalization and improving operating performance. An offsetting factor...
Jul 25 2003 // A.M. Best Co. has assigned an initial financial strength rating of A- (Excellent) to Transmonde Services Insurance Company Ltd., Bermuda. The outlook is stable.The rating reflects the company’s strong level of...
Jul 23 2003 // A.M. Best Co. has assigned an initial financial strength rating of “A+” (Superior) to Nichido Insurance Company (Pacific) Limited, (Nichido Pacific), Guam. The outlook is negative. Satisfying A.M. Best’s...
Jul 21 2003 // A.M. Best Co. has downgraded the financial strength rating to E (Under Regulatory Supervision) from C++ (Marginal) of Wasatch Crest Mutual Insurance Company (WCM).The rating reflects the Utah Insurance Department’s...
Jul 21 2003 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of Royal Bank of Canada Insurance Company Ltd., (RBCI) (St. Michael, Barbados). The rating has a stable outlook. The rating for RBCI reflects its...
Jul 18 2003 // A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) of Lloyd’s of London. The outlook remains stable. The rating reflects Lloyd’s maintenance of an excellent business...
Jul 11 2003 // A.M. Best Co. has upgraded the financial strength rating to A (Excellent) from A- (Excellent) of Gerling Canada Insurance Company (Ontario), which will be known as GCAN Insurance Company in the near future. The rating...
Jul 11 2003 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of Seguros Inbursa SA (Mexico). The rating outlook is stable.The rating is attributable to Seguros Inbursa’s solid financial strength,...
Jul 8 2003 // A.M. Best Co. announced that it has affirmed the financial strength rating of A (Excellent) of the U.S.-based Mapfre Reinsurance Corporation (MRC) (Florham Park, NJ), with a stable outlook. “The rating is based on...
Jul 7 2003 // A.M. Best Co. has assigned an initial financial strength rating of A- (Excellent) to James River Insurance Company (James River) (Wilmington, Del.). The rating outlook is stable.The company is the insurance subsidiary of...
Jul 2 2003 // A.M. Best Co. announced that it has affirmed the financial strength rating of A- (Excellent) of Bermuda-based Goshawk Reinsurance Limited with a stable outlook.“The rating affirmation reflects the company’s...
Jul 2 2003 // A.M. Best Co. has assigned a financial strength rating of A (Excellent) to Underwriters Reinsurance Company (URC) (New Hampshire), soon to be renamed RSUI Indemnity Company. The rating outlook is stable.The rating action...
Jul 1 2003 // A.M. Best Co. announced that it has upgraded the financial strength rating to A- (Excellent) from B++ (Very Good) of the U.K.-basedarkel International Insurance Company Ltd (MIIC), has also assigned a Best’s...
Jun 30 2003 // The A.M. Best Company has upheld its rating of “A” (Excellent) to the Cooperative of American Physicians Inc. – Mutual Protection Trust (CAP-MPT), a provider of medical professional liability protection...