Latest AM Best Headlines

All the headlines from our AM Best Topic Page, ordered by recency.

Ratings Recap: IGIUK, MAPFRE Re (Panama), Arab Misr, Gulf, Caribbean Alliance

Jun 23 2011 // A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to International General Insurance Company (UK) Limited...

Best Upgrades ACE Limited and Subs Issuer Credit Ratings; Affirms FSR’s

Jun 22 2011 // A.M. Best Co. has upgraded the issuer credit ratings (ICR) and senior debt ratings to “a” from “a-” for Zurich-based ACE Limited and ACE INA Holdings Inc. Best has also upgraded the ICR to...

A.M. Best Downgrades Ratings of Dallas National Insurance

Jun 21 2011 // A.M. Best Co. has downgraded the financial strength rating to B (Fair) from B++ (Good) and issuer credit rating to “bb” from “bbb” of Dallas National Insurance Co. (DNIC) in Dallas, Texas. The...

A.M. Best Downgrades Springfield Fire & Casualty Ratings

Jun 21 2011 // A.M. Best Co. has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and issuer credit rating to “a-” from “a” of Springfield Fire & Casualty Co. of Springfield, Ill....

Ratings Recap: United Auto/Argus, Doctors Co., GeoVera, Medical Mutual, MAG Mutual

Jun 17 2011 // A.M. Best Co. has placed under review with developing implications the financial strength rating of ‘C’ (Weak) and issuer credit ratings of “ccc” of Florida-based United Automobile Insurance Group...

Ratings Recap: Lititz, Integon, Maiden, AmTrust, MLBA Mutual

Jun 15 2011 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of A+ (Superior) and issuer credit rating of “aa-” of Lititz Mutual Insurance Pool, which includes the...

Vietnam Insurance Market Readies for Foreign Insurers, New Regulations

Jun 14 2011 // The Vietnamese insurance industry is expected to experience significant change within the coming years as it continues to open up to foreign insurers, and the country’s regulatory framework evolves.Vietnam’s...

Transatlantic, Allied World Agree to Merger

Jun 13 2011 // Transatlantic Holdings, Inc. and Allied World Assurance Co. Holdings, AG on Sunday signed a merger agreement that will create a leading, global specialty insurance and reinsurance company. The combined entity will have...

Ratings Roundup: Park, Farmers of Salem, Auto-Owners, DTRIC

Jun 10 2011 // A.M. Best Co. has downgraded the financial strength rating to ‘C++’ (Marginal) from ‘B-‘ (Fair) and issuer credit rating to “b” from “bb-” of New York’s Park Insurance...

A.M. Best Downgrades Ratings of State Auto Insurance Companies

Jun 2 2011 // A.M. Best Co. has downgraded the financial strength rating (FSR) to A (Excellent) from A+ (Superior) and issuer credit ratings (ICR) to “a+” from “aa-” of Columbus, Ohio-based State Auto Insurance...

Ratings: Doctors Co., Gateway, Kingstone, Farm Credit, Associated Mutual

Jun 2 2011 // A.M. Best Co. has commented that the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of Doctors Company Insurance Group (TDC) and its members, led by The Doctors...

Ratings: Benchmark, Repwest, Sooner, Park Assurance, Mariah Re, ACMAT, Kingsway Amigo

May 31 2011 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” for Minnesota-based Benchmark Insurance...

Ratings: Tunis Re, Endurance (shares), LAPP, Electro Re/First Beacon, National General

May 27 2011 // A.M. Best Europe – Rating Services Limited has removed from under review with negative implications and affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of...

Late April Tornadoes Likely to Affect P/C Insurers’ Earnings, Not Capital

May 23 2011 // The deadly outbreak of tornadoes in late April, which generated insured losses estimated at as much as $6 billion, is unlikely to have an immediate impact on property/casualty insurers’ Best’s ratings.The...

A.M. Best: Outlook Negative for Badger Mutual, A-Rating Affirmed

May 17 2011 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a” of Badger Mutual Insurance Company (Badger) of...

A.M. Best Upgrades Ratings of Amerisafe and Subsidiaries

May 17 2011 // A.M. Best Co. has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and issuer credit ratings (ICR) to “a” from “a-” of DeRidder, La.-based Amerisafe Insurance Group...

Best’s Analysis Concludes Solvency II Will Transform EU Captive Insurers

May 13 2011 // Although it has been coming for more than 10 years, the European Union’s Solvency II regulations covering the community’s insurance industry is now virtually around the corner. Over the years there has been a...

A.M. Best Revises Outlook, Affirms Financial Rating of Andover Cos.

May 12 2011 // Ratings firm A.M. Best Co. has revised the outlook to negative from stable and affirmed the issuer credit ratings of “aa” of the Andover, Mass.-based Andover Companies Pool and its members. The members are...

Ratings Recap: Keystone, Forestry Mutual, Residential Re, National Unity, Dakota

May 12 2011 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from’ B++’ (Good) and the issuer credit ratings (ICRs) to “aa-” from “bbb” of Keystone...

A.M. Best Affirms Ratings of Central States Indemnity Co. of Omaha

May 10 2011 // A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) and issuer credit rating of “aa-” of Central States Indemnity Co. of Omaha (CSI) in Omaha, Neb. The outlook for both ratings is...