All the headlines from our AM Best Topic Page, ordered by recency.
May 17 2018 // A.M. Best has a stable outlook on the German non-life insurance sector as Germany’s robust economy continues to drive growth.According to the ratings agency, the country’s technical profitability is solid and...
May 16 2018 // A.M. Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of Benchmark Insurance Co. (Benchmark) in...
May 14 2018 // Munch Reinsurance Co. has repurposed a Bermuda unit that was authorized for property/casualty business into a reinsurer for its U.S. life reinsurance business.The unit, Munich Re Bermuda, was formerly named Princeton Eagle...
May 14 2018 // A.M. Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and Long-Term ICR of “a” of...
May 7 2018 // Upgrade: Nodak InsuranceA.M. Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” from “a” and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Nodak...
May 3 2018 // A.M. Best has affirmed its financial strength rating of A- (Excellent) and its long-term issuer credit ratings of “a-” while revising its outlook to negative from stable for Glastonbury, Conn.-based Connecticut...
May 1 2018 // A.M. Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Illinois Casualty Co. (Illinois...
Apr 23 2018 // A.M. Best has downgraded the Financial Strength Rating to B- (Fair) from B++ (Good) and the Long-Term Issuer Credit Rating to “bb-” from “bbb” of MedMal Direct Insurance Co., headquartered in...
Apr 20 2018 // Ratings agency A.M. Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “bbb+” for the...
Apr 16 2018 // The underwriting performance in the U.S. directors and officers (D&O) liability insurance market deteriorated significantly in 2017.Competitive pricing and an increasing number of lawsuits have hurt the line’s...
Apr 13 2018 // A.M. Best has upgraded the Long-Term Issuer Credit Rating to “bbb+” from “bbb” and affirmed the Financial Strength Rating of B++ (Good) of Hartland Mutual Insurance Co. (Hartland Mutual), based in...
Apr 11 2018 // A.M. Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” from “a” and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Nodak Insurance Company (Nodak...
Apr 6 2018 // A.M. Best has upgraded the Long-Term Issuer Credit Rating to “bbb+” from “bbb” and affirmed the Financial Strength Rating of B++ (Good) of Kentucky Growers Insurance Company (KGIC) of Lexington, KY....
Apr 5 2018 // A.M. Best has removed from under review with negative implications, downgraded the Long-Term Issuer Credit Ratings to “aa-” from “aa” and affirmed the Financial Strength Rating of A+ (Superior) for...
Apr 5 2018 // The increasing use of predictive analytics among commercial lines insurers has helped improve their bottom lines and led to more balanced underwriting cycles, A.M. Best says in a report.“Underwriting cycles have been...
Apr 3 2018 // Workers’ compensation insurer Stonetrust Commercial Insurance Co. has begun writing business in Missouri and Tennessee.Stonetrust, which is headquartered in Baton Rouge, Louisiana, is also writing in Louisiana,...
Apr 2 2018 // The U.S. property/casualty industry recorded a net underwriting loss of $23.5 billion for year-end 2017, according to preliminary results from A.M. Best. That was $18 billion bigger than the underwriting loss in 2016.The...
Mar 22 2018 // A.M. Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” from...
Mar 21 2018 // A.M. Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of workers’ compensation insurer,...
Mar 20 2018 // The U.S. property/casualty industry recorded a net underwriting loss of $23.5 billion for year-end 2017, according to preliminary results from A.M. Best. That was $18 billion bigger than the underwriting loss in 2016.The...