Latest AM Best Headlines

All the headlines from our AM Best Topic Page, ordered by recency.

A.M. Best Upholds ‘Excellent’ Rating Of CAP-MPT

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...

Best Places Iowa Mutual Under Positive Review

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...

A.M. Best Affirms ‘A-‘ Rating of Corifrance

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...

A.M. Best Assigns Rating to Transmonde Services Co.

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...

A.M. Best Assigns ‘A+’ Rating to Nichido Ins. Co.

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...

A.M. Best Downgrades Wasatch Crest Mutual Rating

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...

A.M. Best Affirms Rating of Royal Bank of Canada Insurance

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...

A.M. Best Affirms Rating of Lloyd’s of London

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...

A.M. Best Upgrades Rating of Gerling Canada Insurance Co.

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...

A.M. Best Affirms Rating of Seguros Inbursa SA

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,...

A.M. Best Affirms ‘A’ Rating of Mapfre Re

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...

A.M. Best Assigns ‘A-‘ Rating to James River Insurance Co.

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...

A.M. Best Affirms Goshawk Re ‘A-‘ Rating

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...

A.M. Best Assigns Rating to Underwriters Reinsurance Co.

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...

Best Upgrades Markel Int’l, Lloyd’s Syndicate 3000 Ratings to ‘A-‘

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...

A.M. Best Upholds ‘Excellent’ Rating Of CAP-MPT

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...

A.M. Best Upgrades AmTrust to ‘A-‘

Jun 30 2003 // A.M. Best Co. has upgraded its rating of Beachwood, Ohio-based AmTrust Group (AG), which focuses on workers’ compensation for smaller employers, to “A-” (Excellent) based on a quantitative and qualitative...

Best Downgrades Employers Re

Jun 30 2003 // A.M. Best Co. has downgraded the financial strength ratings to “A” (Excellent) from “A+” (Superior) of Overland Park, Kan.-based Employers Reinsurance Corp. and its affiliated domestic and...

A.M. Best Affirms Rating of ING Canada

Jun 27 2003 // A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) of ING Canada (Toronto).The group, which operates under a pooling arrangement, consists of Belair Insurance Company Inc., ING Insurance Company of...

A.M. Best Downgrades Rating of Gulf Group

Jun 26 2003 // A.M. Best Co. has downgraded the financial strength rating to A (Excellent) from A+ (Superior) of the Gulf Insurance Group (Hartford, Conn.). The rating outlook is stable.This rating action reflects the group’s...