News Digest 8/21/2007
A.M. Best Rates Employers Direct Ratings bureau A.M. Best Co. assigns a financial strength rating of A- (Excellent) and an issuer credit rating of “a-” to Employers Direct Insurance Company …
Tagged in: issuer
A.M. Best Rates Employers Direct
Ratings bureau A.M. Best Co. assigns a financial strength rating of A- (Excellent) and an issuer credit rating of “a-” to specialty workers’ compensation carrier Employers Direct Insurance Company of Agoura Hills. The outlook for both ratings is stable. Employers Direct is a wholly-owned subsidiary of Alleghany Corp., a Delaware-domiciled publicly traded holding corporation that …
This content is only available to premium subscribers. Please login here log in
A.M. Best Leaves Fsrs Of Hannover Re Unchanged Following Announcement
A.M. Best Co. leaves the financial strength rating of A (Excellent) and the issuer credit rating of “a” of Hannover Rueckversicherung AG unchanged following the company’s announcement that it has agreed to sell Praetorian Insurance Group to QBE Insurance Group. In the ratings bureau’s press release, A.M. Best reports that it views the transaction positively …
This content is only available to premium subscribers. Please login here log in
A.M. Best Affirms The Financial Strength Of Trustmark Insurance
A.M. Best Company affirms the financial strength rating of B++ (Very Good) for Trustmark Insurance Company and Trustmark Life Insurance Company. It’s also upgraded the issuer credit ratings to bbb+ from bbb for both carriers. The upgrade of the ICR and the positive assignment of the FSR reflect Trustmark’s strengthened capital position after the sale …
This content is only available to premium subscribers. Please login here log in
A.M. Best Affirms Chubb Group
A.M. Best Co. has affirmed the financial strength rating of A++ (Superior) and the issuer credit ratings of “aa+” of New Jersey-domiciled Chubb Group of Insurance Companies and its property/casualty members. Concurrently, A.M. Best has affirmed the ICR and senior debt ratings of “aa-” of The Chubb Corporation, the senior debt rating of “aa” of …
This content is only available to premium subscribers. Please login here log in
A.M. Best Affirms FSR Of Allianz Insurance Group
Ratings bureau A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and the issuer credit ratings of “a” of Burbank-domiciled Allianz Insurance Group, which consists of Allianz Global Risks US Insurance Company and its wholly-owned subsidiary, Allianz Underwriters Insurance Company. A.M. Best also has affirmed the FSR of A and the ICRs …
This content is only available to premium subscribers. Please login here log in
A.M. Best Affirms Ratings Of Trustmark And Revises Outlooks
Ratings agency A.M. Best Co. has affirmed the financial strength rating of B++ (Very Good) and the issuer credit ratings of “bbb” of Trustmark Insurance Company and Trustmark Life Insurance Co., both of Illinois. The FSR outlook has been revised to stable from negative. Concurrently, A.M. Best has affirmed the debt rating of “bb-” on …
This content is only available to premium subscribers. Please login here log in
A.M. Best Removes From Under Review And Affirms Ratings Of Folksamerica Re
A.M. Best Co. has announced that it has removed from under review and affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Folksamerica Reinsurance Company. The New York City company is a member of White Mountains Insurance Group Ltd. The outlook for both ratings is stable. The rating …
This content is only available to premium subscribers. Please login here log in