All the headlines from our AM Best Topic Page, ordered by recency.
Dec 14 2005 // A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) of Jupiter Insurance Ltd. (Jupiter) (Guernsey) and has assigned an issuer credit rating (ICR) of “aa-“. The outlook on both...
Dec 13 2005 // A.M. Best Co. has assigned a financial strength rating (FSR) of A- (Excellent) and an issuer credit rating of “a-” to Validus Reinsurance Ltd. (Validus) (Bermuda). The ratings have a stable outlook.Validus will...
Nov 22 2005 // A.M. Best Co. has issued a study, which concludes that catastrophic loss, both natural and man-made, is “the number one threat to the financial strength and credit quality of property and casualty insurers due to the...
Nov 17 2005 // A.M. Best Co. has assigned a debt rating of “a-” to Ameriprise Financial, Inc.’s announced issuance of $1.5 billion in senior unsecured notes to be drawn down from the $1.7 billion shelf registration...
Nov 16 2005 // A.M. Best Co. has assigned financial strength ratings (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” to the operating companies of Delaware-based Darwin Group Inc. (DGI), which consists of...
Nov 11 2005 // A.M. Best Co. has assigned an issuer credit rating (ICR) of “bb” to North Pointe Holdings Corp. and has upgraded the financial strength rating (FSR) to B++ (Very Good) from B+ (Very Good) of its subsidiary,...
Nov 4 2005 // A.M. Best Co. followed Standard & Poor’s and Fitch Ratings (See IJ Web site Nov. 3) in downgrading the financial strength ratings (FSR) and debt ratings of the operating subsidiaries of Bermuda-based...
Nov 4 2005 // A.M. Best Co. has downgraded the financial strength rating to B (Fair) from A- (Excellent) of Mississippi Farm Bureau Mutual Insurance Company of Jackson, Miss. The rating remains under review with negative...
Nov 2 2005 // A.M. Best Co. has downgraded the financial strength rating (FSR) to A- (Excellent) from A (Excellent) and the issuer credit rating (ICR) to “a-” from “a” of Endurance Specialty Insurance Ltd....
Nov 1 2005 // A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Arch Insurance Company (Europe) Limited (Arch Europe) (United Kingdom). The outlook for both...
Oct 28 2005 // Along with affirming the parent company’s ratings (See previous article), A.M. Best Co. announced that it has affirmed the financial strength rating of “A+†(Superior) and the issuer credit rating of...
Oct 18 2005 // A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” of the publicly-traded holding...
Oct 17 2005 // The U.S. property/casualty industry recorded an underwriting profit of $13.2 billion during the first six months of 2005, a substantial gain from the record results posted during the comparable period of 2004, according to...
Oct 6 2005 // Bermuda-based Quanta Capital Holdings Ltd., provided the following comments on A.M. Best’s decision to place Quanta Reinsurance Ltd. and its subsidiaries and Quanta Europe Ltd. under review with negative implications...
Oct 4 2005 // A.M. Best Co. has assigned a financial strength rating of B (Fair) and an issuer credit rating of “bb” to East Africa Reinsurance Company Limited (EARE) (Kenya). The outlook for both ratings is stable.The...
Oct 3 2005 // A.M. Best Co. has assigned the financial strength ratings of A+ (Superior) and issuer credit ratings of “aa” to Progressive Garden State Insurance Company, Progressive Freedom Insurance Company and Drive New...
Sep 26 2005 // In 2004, after growing significantly for three consecutive calendar years, direct premium volume for the surplus lines industry remained relatively flat, according to a special report released by A.M. Best Co. The...
Sep 22 2005 // A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) of Wawanesa Mutual Insurance Company (WMIC) (Winnipeg), including its branch, The Wawanesa Mutual Insurance Company, (United States Branch)...
Sep 15 2005 // Due to the evolving effects of Hurricane Katrina, A.M. Best Co. has been aggregating public and private information in order to assess the financial impact it will have on insurers.A.M. Best expects all rated companies...
Sep 5 2005 // Employment Practices Liability ProgramNuts & Bolts: Arrowhead General Insurance Agency Inc.’s professional liability division launched an employment practices liability insurance program for small- and...