All the headlines from our AM Best Topic Page, ordered by recency.
Feb 29 2016 // A.M. Best has revised the issuer credit rating (ICR) outlook to negative from stable and affirmed the financial strength rating of A (Excellent) and the ICR of “a+” of W. R. Berkley Insurance (Europe) Ltd....
Feb 24 2016 // A.M. Best has upgraded the issuer credit rating (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of A (Excellent) of Seven Seas Insurance Company, Inc. (Riviera Beach, Fla)....
Feb 18 2016 // A.M. Best has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and the issuer credit rating to “bbb” from “a-” of Hyundai Insurance (China) Co. Ltd., or HIC. Following...
Feb 16 2016 // A.M. Best has revised the outlook to negative from stable and affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of West Virginia Mutual Insurance Company (WVMIC)...
Feb 8 2016 // Underwriting discipline in the marine protection and indemnity (P&I) sector will be tested over the February 2016 renewal period due to market and competitive forces buffeting the sector, according to report published...
Feb 5 2016 // New Jersey Manufacturers Insurance Company’s stellar financial strength rating has been downgraded a notch by A.M. Best, based on concerns about its underwriting and operating performance.The workers’...
Jan 28 2016 // American International Group Inc., which activist investor Carl Icahn is pressuring to divest assets, had the outlook on its credit rating changed to negative from stable by Standard & Poor’s after the insurer...
Jan 28 2016 // A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of B- (Fair) and the issuer credit rating of “bb-” of Greenville Casualty Insurance Company (Greenville)...
Jan 25 2016 // The financial strength rating of A+ (Superior) and the issuer credit rating of “aa-” of Zurich Insurance Co. Ltd. (ZIC) and its rated affiliates are unchanged, following Zurich Insurance Group’s...
Jan 25 2016 // Rating agency A.M. Best said it is maintaining its negative outlook on the commercial lines segment of the U.S. property/casualty industry, despite relatively solid aggregate results over the past several years. The...
Jan 21 2016 // A.M. Best announced the appointment of Jose Ribeiro as managing director – Asia-Pacific, and James Sutherland as commercial director – Asia-Pacific.As managing director, Asia-Pacific, Ribeiro will be responsible for...
Jan 13 2016 // Citing increased regulation of credit rating services and heightened competition in information services, A.M. Best has restructured its operations to separate its rating and research services from its publications and...
Jan 8 2016 // Rating agency A.M. Best said it is maintaining its negative outlook on the commercial lines segment of the U.S. property/casualty (P/C) industry, despite relatively solid aggregate results over the past several years. The...
Jan 5 2016 // Flooding in the final month of 2015 will put pressure on the earnings of U.K. property insurers, according to a briefing published by A.M. Best.Initial estimates of combined insured losses from Storm Desmond, which hit the...
Jan 4 2016 // The world’s largest insurer as measured by 2014 net premiums written is UnitedHealth Group Inc., according to a ranking by A.M. Best of the world’s largest insurance companies.France’s AXA S.A. kept its...
Dec 22 2015 // A.M. Best has downgraded the financial strength rating to B (Fair) from B+ (Good) and the issuer credit rating to “bb” from “bbb-” of ARI Mutual Insurance Company based in Newtown, Pennsylvania....
Dec 22 2015 // A.M. Besthasupgraded the financial strength rating (FSR) to A+ (Superior) from A (Excellent) and the issuer credit rating (ICR) to “aa-” from “a” of The Cincinnati Specialty Underwriters Insurance...
Dec 17 2015 // A.M. Best has downgraded the financial strength rating to B+ (Good) from B++ (Good) and the issuer credit rating to “bbb-” from “bbb” of San Antonio-based National Unity Insurance Co. (National...
Dec 16 2015 // A.M. Best has downgraded the issuer credit rating to “bbb” from “bbb+” and affirmed the financial strength rating of B++ (Good) of Nevada General Insurance Co.The outlook for the ICR has been...
Dec 11 2015 // Ratings agency A.M. Best has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Delta Lloyds Insurance Company of Houston Texas (Delta Lloyds). The outlook for both...