All the headlines from our AM Best Topic Page, ordered by recency.
Aug 30 2016 // A.M. Best has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and the issuer credit rating to “a-” from “a+” for American Capital Assurance Corp (ACAC) of St....
Aug 26 2016 // A.M. Besthas revised the outlooks to positive from stable and affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Wisconsin Mutual Insurance Co. (WMIC) in Madison,...
Aug 25 2016 // A.M. Best revised the issuer credit rating (ICR) outlook to positive from stable, and affirmed the financial strength rating (FSR) of A (Excellent) and the ICRs of “a” of State National Insurance Co. Inc. and...
Aug 24 2016 // The business outlook for the London insurance market is a familiar one across other global markets: underwriting profits are under pressure as ongoing soft market prices begin to take a toll.In separate reports on the...
Aug 22 2016 // A.M. Best has revised its outlook from stable to negative for New York-based Lancer Insurance Co. and Lancer Indemnity Co.The move comes as Lancer Insurance’s underwriting performance declined in the past several...
Aug 11 2016 // A.M. Best has revised its outlook from stable to negative for New York-based Lancer Insurance Co. and Lancer Indemnity Co..The move comes as Lancer Insurance’s underwriting performance declined in the past several...
Aug 8 2016 // A.M. Best has assigned a financial strength rating of “A” (Excellent) and an issuer credit rating of “a” to UK-based Starr International (Europe) Ltd. (SIEL). The outlook assigned to each rating is...
Aug 3 2016 // Captive insurance companies rated by A.M. Best ended 2015 in strong form, recording pretax operating income of $1.4 billion, a 13.5 percent increase over 2014, according to a new A.M. Best special report.The Best Special...
Jul 28 2016 // A.M. Best has affirmed the financial strength rating (FSR) of B (Fair) and the issuer credit rating (ICR) of “bb+” of Century Casualty Company in Alpharetta, Ga. The outlook for the FSR remains stable, while...
Jul 25 2016 // Ironshore Inc., the insurer purchased by Chinese conglomerate Fosun International Ltd. last year, filed for an initial public offering in the U.S. after a ratings firm cited concerns about the parent firm’s financial...
Jul 22 2016 // A.M. Best has revised the outlooks to stable from positive of Lloyd’s and Lloyd’s Insurance Co. (China) Ltd., while at the same time affirming their financial strength rating (FSR) of A (Excellent) and issuer...
Jul 14 2016 // Fitch Ratings this week warned that users of insurance ratings from four large credit rating agencies (CRAs) fail to understand differences in the rating scales – differences that separate A.M. Best from the rest of that...
Jul 11 2016 // A.M. Best removed from under review with positive implications and upgraded the financial strength rating (FSR) to A (Excellent) from A- (Excellent) and the issuer credit rating (ICR) to “a” from...
Jul 8 2016 // Driven by the highest level of first-quarter catastrophe losses since 2011, the underwriting results of the U.S. property/casualty (P/C) industry in the first quarter of 2016 deteriorated from the prior year. The industry...
Jul 7 2016 // A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb” of Southern Pioneer Property and Casualty Insurance Co....
Jul 6 2016 // Harrington Re, a fledgling Bermuda operation sponsored by AXIS Capital Holdings Ltd., has raised $600 million in capital designed to beef up underwriting and investment plans put forth by its sponsor. Blackstone Group will...
Jul 5 2016 // A.M. Besthas affirmed the financial strength ratings of A (Excellent) and the issuer credit ratings of “a+” of UK-based Markel International Insurance Co. Ltd.(MIICL) and Lloyd’s Syndicate 3000. The...
Jun 27 2016 // A.M. Best has changed its mind about Ironshore, removing the Bermuda-based specialty insurer from its status as “under review with negative implications.”A year after initially taking action, the ratings agency...
Jun 27 2016 // The earnings of French and German insurers during the first half of 2016 will be dampened by flood claims following storms Elvira and Friederike, which pounded the countries in quick succession between late May and early...
Jun 20 2016 // A.M. Best has downgraded the financial strength rating to A (Excellent) from A+ (Superior) and the issuer credit ratings to “a+” from “aa-” of the members of Walnut Creek, Calif.-based CSAA...