All the headlines from our AM Best Topic Page, ordered by recency.
Jun 26 2002 // Standard & Poor’s assigned its single-‘A’ counterparty credit and insurer financial strength ratings to U.K.-based Wellington Reinsurance Ltd; while A.M. Best rated the London based reinsurer A...
Jun 26 2002 // A.M. Best Co. has placed the “A” (Excellent) financial strength rating of PMA Capital Insurance Company and the “A-” (Excellent) rating of PMA Insurance Group under Review with Negative...
Jun 25 2002 // A.M. Best Co. assigned initial debt ratings to the existing debt of Cincinnati-Ohio-based American Financial Group Inc. Included is the assignment of a “bbb” to American Financial Group Inc.’s senior...
Jun 24 2002 // A.M. Best affirmed insurer FM Global’s rating of “A+,” but placed a negative outlook on the rating. Factors affecting the rating action included the group’s solid capitalization, prominent market...
Jun 24 2002 // A.M. Best Co. has downgraded the financial strength rating to “A” (Excellent) from “A+” (Superior) of The St. Paul Companies Inc.’s, St. Paul, Minn., p/c subsidiaries and its senior debt...
Jun 24 2002 // A.M. Best affirmed insurer FM Global’s rating of “A+,” but placed a negative outlook on the rating. Factors affecting the rating action included the group’s solid capitalization, prominent market...
Jun 21 2002 // A.M. Best Co. assigned initial debt ratings to the existing debt of Cincinnati-Ohio-based American Financial Group Inc. Included is the assignment of a “bbb” to American Financial Group Inc.’s senior...
Jun 21 2002 // A.M. Best has affirmed a rating of “A-” for Kentucky Employers’ Mutual Insurance (KEMI), a Lexington-based provider of workers’ compensation insurance throughout the state. A.M. Best attributed the...
Jun 20 2002 // A.M. Best Co. announced that it will maintain the “under review status” with developing implications of its A- (Excellent) financial strength rating on Tryg-Baltica Insurance, International Insurance Company...
Jun 20 2002 // Thirty property/casualty insurers were declared insolvent in 2001, according to the special report, “P/C Industry—2001 Insolvencies,” just issued by A.M. Best Co. The same number of companies became...
Jun 19 2002 // A.M. Best Co. has raised the financial strength ratings to A (Excellent) from A- (Excellent) for some of the core auto subsidiaries of Ohio-based American Financial Group, Inc.Additionally, A.M. Best assigned a financial...
Jun 18 2002 // A.M. Best Co. announced that it has affirmed the A (Excellent) financial strength rating of Macau Insurance Company Limited, a general insurer headquartered in the former Portugese enclave of Macau, which is now part of...
Jun 13 2002 // A.M. Best has raised Dallas-based American Contractors Insurance Group’s (ACIG) financial strength rating from “A-” to “A.” A.M. Best based the rating on the financial condition and...
Jun 12 2002 // A.M. Best Co. affirmed an “A-” financial strength rating for Comercial America Insurance Company, a Houston-based unit of ING’s Mexican insurer, ING Comercial America S.A. de C.V. Comercial focuses on the...
Jun 10 2002 // A.M. Best announced that it has downgraded the financial strength ratings to A (Excellent) from A+ (Superior) of the members of the France’s AXA Group Corporate Solutions units (AXACS).Best’s bulletin cited...
Jun 7 2002 // A.M. Best Co. will present the E-Fusion Award, designed to highlight outstanding, resourceful uses of Internet technology by an insurance organization, during its Annual Insurance & Technology Conference,...
Jun 3 2002 // A.M. Best announced that it has downgraded the financial strength rating to B++ (Very Good) from A (Excellent) of Overseas Partners Ltd. (OPL) Bermuda, and removed the company from under review.It indicated that the...
May 31 2002 // A.M. Best has affirmed insurer FM Global’s A+ (superior) rating due to “the group’s superior capitalization, prominent market position within the commercial property market and the long- term benefits to...
May 13 2002 // In order to address the continuing development and expanding growth of the captive market, A.M. Best has published rating methodology specific to single-parent captive insurance companies.A.M. Best’s analysts...
May 13 2002 // “In essence, we’d like to assure all of our policyholders that we are solvent, that we’re still financially strong,” said Jim Zelinski, spokesperson for California State Compensation Insurance Fund,...