All the headlines from our AM Best Topic Page, ordered by recency.
Jun 25 2003 // A.M. Best Co. has assigned an initial financial strength rating of B++ (Very Good) to Oriental Fire and Marine Insurance Company Ltd (OFMI), South Korea. The outlook is stable.The rating reflects OFMI’s strong market...
Jun 24 2003 // Employers Insurance Company of Nevada, A Mutual Company (EICN) announced that it has received an “A- (Excellent)” rating from A.M. Best Company.“Today is an historic day in the continuing evolution of...
Jun 23 2003 // The property/casualty industry’s combined ratio improved about 2.6 points to 99.7 for the first quarter in 2003, the industry’s strongest first-quarter underwriting performance in the most recent five-year...
Jun 23 2003 // A.M. Best Co. said the current financial strength and debt ratings of the Liberty Mutual Insurance Cos. remain unchanged following its announcement regarding the acquisition of Prudential Financial Inc.’s U.S....
Jun 23 2003 // Indianapolis-based Baldwin & Lyons Inc. reported that A.M. Best has upgraded its financial rating of the company’s subsidiary, Sagamore Insurance Co., from “A” to “A+” (Superior). Baldwin...
Jun 19 2003 // A.M. Best Co. has upgraded the financial strength rating to A (Excellent) from A- (Excellent) of Folksamerica Reinsurance Company (New York). The rating outlook is stable. The rating reflects Folksamerica’s increased...
Jun 17 2003 // A.M. Best Co. has placed the financial strength rating of A- (Excellent) of National Service Contract Insurance Company RRG (NSC) (Hawaii) under review with negative implications. The status will remain pending the results...
Jun 17 2003 // A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) of the St. Paul Cos. Inc.’s property/casualty subsidiaries. Concurrently, A.M. Best has downgraded its senior debt rating to...
Jun 16 2003 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of The St. Paul Companies, Inc.’s (St. Paul, MN) property/casualty subsidiaries. Concurrently, A.M. Best has downgraded its senior debt rating...
Jun 16 2003 // A.M. Best Co. announced that it has downgraded the financial strength rating to B (Fair) from B++ (Very Good) of the New York-based MLMIC Group, removed the rating from under review, and assigned a “negative”...
Jun 13 2003 // A.M. Best Co. announced that it has affirmed the financial strength rating of ‘A++’ (Superior) of Koelnische Rueckversicherungs-AG (Cologne Re) and its core subsidiaries, with a stable outlook. The affirmation...
Jun 12 2003 // Dallas Fire Insurance Company, a Dallas, Texas-based writer of property and casualty insurance, announced it has been upgraded to a “B+IV” by the A.M. Best Company. The company said the upgrade was due to...
Jun 11 2003 // A.M. Best Co. has downgraded the financial strength rating of Midland, Mich.-based Dorinco Reinsurance Co. to “A-” (Excellent) from “A” (Excellent).The rating action reflects deterioration in...
Jun 9 2003 // A.M. Best Co. has placed the financial strength rating of A- (Excellent) of the Atlantic Mutual Companies (The Atlantic) (New York) under review with negative implications.Concurrently, A.M. Best has placed the...
Jun 9 2003 // Every day, agents and brokers use financial strength ratings of insurers in their business. A carrier’s ratings may affect an agent’s ability to place risks with that insurer, or the client’s willingness...
Jun 4 2003 // A.M. Best Co. announced that it has assigned a “Best’s syndicate rating of A- (Excellent) to Lloyd’s Syndicate 2010, managed by Cathedral Underwriting Ltd.” , with a “stable”...
Jun 3 2003 // Indianapolis-based Baldwin & Lyons Inc. reported that A.M. Best has upgraded its financial rating of the company’s subsidiary, Sagamore Insurance Company, from “A” to “A+”...
May 23 2003 // A.M. Best Co. said the current financial strength and debt ratings of the Liberty Mutual Insurance Companies (Liberty Mutual) (Boston) remain unchanged following its announcement regarding the acquisition of Prudential...
May 22 2003 // A.M. Best Co. announced that it has affirmed the financial strength rating of ‘A’ (Excellent) for the Bermuda-based PXRE Group Ltd.’s reinsurance subsidiaries, but has maintained its...
May 22 2003 // A.M. Best Co. has downgraded the financial strength ratings to C (Weak) from B (Fair) of Republic Western Insurance Company (Arizona) and North American Fire & Casualty Insurance Company (Louisiana).The companies are...