All the headlines from our AM Best Topic Page, ordered by recency.
Mar 18 2003 // A.M. Best Co. announced that it has affirmed the financial strength rating of B++ (Very Good) of Japan’s Fuji Fire & Marine Insurance Company Ltd. with a stable outlook, and the A+ (Superior) financial strength...
Mar 17 2003 // A.M. Best Co. announced that it has affirmed the various financial strength ratings of the operating subsidiaries of Toronto-based Fairfax Financial Holdings Limited, with the exception of TIG Insurance Group, which was...
Mar 13 2003 // The number of insolvencies among property/casualty insurance companies remained high in 2002, with 38 companies placed either under regulatory supervision or into liquidation, according to the special report, “Rising...
Mar 11 2003 // A.M. Best Co. has downgraded the financial strength rating to A (Excellent) from A+ (Superior) of Liberty Mutual Insurance Companies (Liberty Mutual) (Boston).A.M. Best has also downgraded the financial strength rating to...
Mar 11 2003 // A.M. Best Co. announced that it has raised the financial strength rating to A (Excellent) from A- (Excellent) of AXIS Specialty Limited (AXIS) (Bermuda) and its operating affiliates with a stable outlook. “This...
Mar 11 2003 // A.M. Best Co. announced that it “has placed the financial strength rating of A- (Excellent) of The Underwriter Insurance Company Limited (TU), United Kingdom, under review with negative...
Mar 6 2003 // A.M. Best Co. has commented that the financial strength rating of A- (Excellent) of The Royal & Sun Alliance Insurance Group plc (R&SA), United Kingdom and the “bbb” and “bbb-” ratings of...
Mar 4 2003 // A.M. Best Co. has lowered the financial strength rating to A+ (Superior) from A++ (Superior) of Bermuda-based Top Layer Reinsurance Ltd. and maintained a stable outlook on the company.The lowering of this rating is a...
Mar 4 2003 // A.M. Best Co. has lowered the financial strength rating of Long Grove, Ill.-based Kemper Insurance Cos. to “B” (fair) from “B+” (very good).The rating remains under review with negative...
Mar 4 2003 // A.M. Best Co. has affirmed the financial strength rating of “A+” (superior) for the Mayfield Village, Ohio-based Progressive Casualty Pool.At the same time, A.M. Best has affirmed the “a+” senior...
Mar 3 2003 // A.M. Best Co. has affirmed the financial strength rating of B++ (Very Good) of Egyptian Reinsurance Company (Egypt Re).The affirmation reflects the maintenance of excellent risk-adjusted capital adequacy and improved...
Mar 3 2003 // A.M. Best Co. has lowered the financial strength rating to B (Fair) from B+ (Very Good) of the participants in the Kemper Insurance Companies (Long Grove, Ill.) inter-company pool, 10 reinsured affiliates and one domestic...
Feb 28 2003 // A.M. Best Co. announced that it has recently integrated its Asia/Pacific insurance rating and information operations to serve Japan, Australia and New Zealand under A.M. Best Asia-Pacific Ltd. in Hong...
Feb 26 2003 // A.M. Best Co. announced that it has affirmed the financial strength rating of A (Excellent) of NIPPONKOA Insurance Company, Ltd., Tokyo, with a stable outlook. Best also assigned the company a financial size category of...
Feb 25 2003 // A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) of HSBC Medical Insurance Limited, Hong Kong. The outlook is stable.The rating reflects HSBC Medical’s leadership position in the group...
Feb 21 2003 // A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) of Sun Hung Kai Properties Insurance Limited (SHKPI), Hong Kong. The outlook is stable.The rating reflects SHKPI’s prudent capitalization,...
Feb 20 2003 // A.M. Best Co. has lowered the financial strength rating to A- (Excellent) from A (Excellent) of Unum Japan Accident Insurance Company, Ltd., Tokyo, Japan, and placed the rating under review with negative implications. The...
Feb 14 2003 // A.M. Best Co. has assigned an initial financial strength rating of A+ (Superior) to The Nichido Fire and Marine Insurance Company, Ltd., Tokyo, Japan, with a negative outlook. The company has a financial size category of...
Feb 14 2003 // A.M. Best Co. has assigned a financial strength rating of A (Excellent) to Infinity Property and Casualty Group, the core auto subsidiaries of Infinity Property and Casualty Corp. (IPCC), based in Birmingham, Ala.IPCC was...
Feb 13 2003 // A.M. Best Co. released comment on the continuous uncertainties regarding the future ownership of the Gerling-Konzern Versicherungs-Beteiligungs-AG (GKB) and the potential impact on the A- (Excellent) financial strength...