All the headlines from our AM Best Topic Page, ordered by recency.
Dec 23 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Excellent) of U.K. based HSB Engineering Insurance Limited (HSBEIL) with a stable outlook.Best said it “regards HSBEIL...
Dec 20 2004 // The consolidation within the group accident and sickness market has created integration challenges for the surviving group accident and sickness writers, according to a special report by the A.M. Best Co.The Canadian life...
Dec 17 2004 // A.M. Best Co. announced that it has affirmed its Syndicate Rating of “A “(Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 623 and Lloyd’s Syndicate 2623, which...
Dec 17 2004 // A.M. Best Co. announced that it has affirmed its Syndicate Rating of “A” (Excellent) and the issuer credit rating of “a+” of Lloyd’s Syndicate 958, which is managed by Omega Underwriting...
Dec 16 2004 // A.M. Best Co. has downgraded the financial strength rating to A (Excellent) from A+ (Superior) of Groupama S.A. (Groupama) (France).At the same time, A.M. Best has assigned an issuer credit rating (ICR) of “a”...
Dec 14 2004 // A.M. Best Co. has placed the financial strength rating of B (Fair) of The Proformance Insurance Company (Proformance) (Freehold, N.J.) under review with negative implications.This action reflects the deterioration of...
Dec 10 2004 // A.M. Best Co. has affirmed the financial strength rating of B++ (Very Good) of Compania Internacional de Seguros S.A. (IS) (Panama). The rating outlook is stable.This rating reflects IS’ solid capitalization,...
Dec 6 2004 // The capital surplus for U.S. property casualty insurers increased by 21.8 percent in 2003, fueled by “vastly improved operating earnings” and a big boost in unrealized capital gains, according to A. M. Best...
Dec 6 2004 // A special report released by A.M. Best Co. cites “vastly improved operating earnings” recorded in 2003 and a considerable boost from unrealized capital gains, as fueling a 21.8 percent increase in the U.S....
Dec 6 2004 // A multi-state settlement with UnumProvident Corp. over its disputed handling of disability claims would cost the firm more than $120 million to comply and require it to review more than seven years of claims. It also calls...
Dec 1 2004 // A.M. Best Co. announced that it has affirmed the Best’s Syndicate Rating of “A” (Excellent) and the issuer credit rating (ICR) of “a” of Lloyd’s Syndicate 570, which is managed by Atrium...
Dec 1 2004 // A.M. Best Co. announced that it has affirmed the Syndicate Rating of “A” (Excellent) and the issuer credit rating of “a+” of Lloyd’s Syndicate 609, which is managed by Atrium Underwriters...
Nov 24 2004 // A.M. Best Co. announced that it has affirmed its “A” (Excellent) Syndicate Rating and the issuer credit rating of “a+” of Lloyd’s Syndicate 2001, which is managed by Amlin Underwriting Limited...
Nov 24 2004 // A.M. Best Co. has assigned an initial financial strength rating of A- (Excellent) and an issuer credit rating of “a-” to Wellington Specialty Insurance Company (Scottsdale, Ariz.) (Wellington Specialty), a...
Nov 19 2004 // A.M. Best Co. announced that it has affirmed its Syndicate Rating of “A” (Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 510, which is managed by the U.K.-based R J...
Nov 19 2004 // A special report released by A.M. Best Co. cites “vastly improved operating earnings” recorded in 2003 and a considerable boost from unrealized capital gains, as fueling a 21.8 percent increase in the U.S....
Nov 19 2004 // A.M. Best Co. has released a statement indicating that it “does not anticipate the re-evaluation of ratings as a result of the increased scrutiny of finite reinsurance transactions by regulators and other interested...
Nov 18 2004 // Self-insurance pools interactively rated by A.M. Best Co. bear out the effectiveness of the stringent entrance requirements of members, focused loss-mitigation activities, and ownership interest in both the loss exposure...
Nov 18 2004 // A multi-state settlement with UnumProvident Corp. over its disputed handling of disability claims would cost the firm more than $120 million to comply and require it to review more than seven years of claims. It also calls...
Nov 17 2004 // A.M. Best Co. has upgraded the financial strength rating to B++ (Very Good) from B+ (Very Good) of Sierra Health Services Inc.’s core HMO subsidiaries, Health Plan of Nevada Inc. (both of Las Vegas, Nev.), and its...