All the headlines from our AM Best Topic Page, ordered by recency.
Jul 11 2005 // A.M. Best Co. has affirmed the financial strength ratings of 36 Canadian insurers, downgraded the ratings of four, upgraded the ratings of nine and assigned ratings to three Canadian property/casualty insurers. These...
Jul 11 2005 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of Sirius International Insurance Corporation (Sirius) (Sweden). The outlook on both ratings remains...
Jul 11 2005 // A.M. Best Co. commented this week that while the most recent after tax reserve charge of $183 million falls within A.M. Best’s anticipated range of adverse loss development for XL Capital Group (XL Capital)...
Jul 5 2005 // A.M. Best Co. has affirmed the financial strength ratings of “B++” (very good) and assigned issuer credit ratings of “bbb” to both Lake Forest, Ill.-based Trustmark Insurance Co. and Trustmark Life...
Jun 29 2005 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and has assigned issuer credit ratings (ICR) of “a” to the Markel North America Insurance Group (Markel) and its...
Jun 15 2005 // A.M. Best Co. has downgraded the financial strength rating to B+ (Very Good) from A- (Excellent) for State Farm Florida Insurance Company (State Farm Florida) (Winter Haven, Fla.). The rating has been removed from under...
May 31 2005 // In 2005, ACUITY’s Best Rating has again been reaffirmed as “A+” and A.M. Best considers them “superior” for capital strength. A.M. Best, the insurance industry’s largest and...
May 23 2005 // Internet Basic Liability Policy for Small, Mid-Size Tech FirmsNuts & Bolts: St. Paul Travelers launched a basic Internet liability policy aimed at small to mid-size technology firms. Internet basic liability...
May 11 2005 // Insurance ratings standard-bearer A.M. Best Co. has downgraded the financial strength rating to “A-” (excellent) from “A” (excellent) of Ford Motor Co. subsidiary the American Road Insurance Co.,...
May 8 2005 // Insurance ratings standard-bearer A.M. Best Co. placed the financial strength rating of “A-” (excellent) of the Fort Wayne, Ind.-based Medical Protective Co. under review with developing implications. This...
May 6 2005 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and assigned an issuer credit rating of “a” to St. Paul Travelers Insurance Company Limited (St. Paul) (United Kingdom). Both ratings...
May 5 2005 // A.M. Best Co. has downgraded the issuer credit ratings to “aa-” from “aa” of Transatlantic Reinsurance Company, Putnam Reinsurance Company (both of New York, N.Y.) and Trans Re Zurich (Zurich,...
May 5 2005 // A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) of Ohio-based American Modern Insurance Group (American Modern) and its property/casualty affiliates. A.M. Best has also affirmed the financial...
May 5 2005 // A.M. Best Co. has downgraded the Financial Strength Ratings (FSR) of most of American International Group Inc.’s (AIG) (New York) wholly-owned insurance subsidiaries to A+ (Superior) from A++ (Superior).This action...
May 4 2005 // A.M. Best Co. has assigned a financial strength rating of A- (Excellent) to California Insurance Company (CIC) (San Francisco, Calif.), a wholly-owned subsidiary of Applied Underwriters Inc. (AUI) (Omaha, Neb.). The rating...
May 3 2005 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of Renaissance Reinsurance Ltd. (RenRe Ltd.) and the financial strength ratings of “A” (Excellent) of...
Apr 29 2005 // A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and the issuer credit ratings of “a” of the reinsurance subsidiaries of the PXRE Group Ltd. (PXRE) (Bermuda). PXRE’s reinsurance...
Apr 27 2005 // A.M. Best Co. has affirmed the financial strength rating of B++ (Very Good) and the issuer credit rating of “bbb” of The Egyptian Reinsurance Company (Egypt Re) (Egypt). The outlook for both ratings is...
Apr 25 2005 // The U.S. property/casualty industry reported improved operating results in 2004 for the second straight year, but for the first time since 1978, underwriting results were profitable, with a combined ratio of 97.9,...
Apr 22 2005 // Following its assignment of an “a+” rating to Generali’s 500 million euro ($653.4 million) debt issue (see previous article), A.M. Best Co. announced that it has revised the ratings of the debt...