AM Best
Hurricane season leaves companies facing rating pressures
Insurance companies could be left facing rating pressures as the potential for continued hurricane-related activity increases throughout the peak season, according to experts at A.M. Best Co.
AM Best affirms Caisse Centrale de Réassurance ratings
AM Best has affirmed the financial strength rating of A++ (Superior) and issuer credit rating of “aa+” of Caisse Centrale de Réassurance (CCR) (France).
US insurers lost $27bn on H1 catastrophes
AM Best estimates US insurers’ pre-tax catastrophe-related losses in the first half of 2011, were $27bn, up $15.1bn, or 127%, from $11.9bn reported during the same period a year ago.
AM Best removes rating of Lemma from under review
AM Best Europe has removed the rating of Lemma Insurance Company from under review with negative implications and affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-”.
AM Best Europe recruits new MD
Stefan Holzberger has joined AM Best’s European business in the role of managing director, analytics.
AM Best appoints Holzberger as EMEA MD
AM Best has appointed Stefan Holzberger as managing director, analytics.
AM Best affirms ratings of German insurer SOVAG
AM Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of 'bbb' of SCHWARZMEER UND OSTSEE Versicherungs-Aktiengesellschaft SOVAG. The outlook for both ratings remains stable.
AM Best: "Smooth" Solvency II transition will help Lloyd's
AM Best has affirmed the financial strength rating of A (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s and Lloyd’s Insurance Company (China).
AM Best affirms Lloyd’s Syndicate 1084 rating and withdraws Chaucer Holdings rating
AM Best Europe has affirmed the financial strength rating of Lloyd’s Syndicate 1084 as A (Excellent) and the issuer credit rating (ICR) of “a+”.
AM Best affirms Hanover ‘A’ rating
AM Best has affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of “a” of The Hanover Insurance Group Property and Casualty Companies (The Hanover) and its members.
AM Best affirms Travelers Companies ratings
AM Best has affirmed the financial strength ratings (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa” of Travelers, its property/casualty members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s affiliate,…
AM Best removes ratings of Tunis Re from under review
AM Best has removed ratings of Tunis Re from under review with negative implications, and affirmed the financial strength rating of B+ and issuer credit rating of bbb-. The outlook assigned to both ratings is stable.
Solvency II to impact EU captive industry
The looming implementation of Solvency II will change the market environment dramatically for captive insurers according to recent research.
AM Best revises BP's captive Jupiter's outlook
AM Best Europe has revised the outlook of Jupiter Insurance to stable from negative and affirmed the financial strength rating of A (Excellent) and issuer credit rating of "a".
Chaucer rating unchanged as largest shareholder rejects bid
AM Best Europe has said that the financial strength rating of A (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 1084 and the ICR of “bbb” of Chaucer Holdings are unchanged following the announcement that the board of CH has…
Overseas focus - China: a market of opportunity?
With an enormous population and low insurance penetration, China should be a market ripe for entering. Jakki May finds out it isn't as simple as it sounds but reveals an appetite for change and growth.
AM Best affirms ratings of Swedish insurer Solid
AM Best Europe has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Solid Forsakringsaktiebolag(Sweden).
AM Best affirms ratings of Swedish insurer Solid
AM Best Europe has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Solid Forsakringsaktiebolag(Sweden).
Omega rating under review over exposure management concerns
AM Best has placed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of Omega Specialty Insurance (Bermuda) and the ICR of “bbb” of Omega Insurance Holdings under review with negative implications.
AM Best assigns ratings to GBG Insurance
AM Best Europe has assigned a financial strength rating of B+ (good) and issuer credit rating of “bbb-” to GBG Insurance Guernsey (GBG).
Weighing Solvency II impacts on AM Best
Am Best said the implementation of Solvency II is shifting the focus from its quantitative impact to the specifics of the implementation.
Post Europe: Captives and the regulatory environment
Protected cell companies have been making the headlines lately but Vic Wyman reports on whether changes to the regulatory environment might put an end to this.
Axa declared largest insurer in the world by net written premium
The world's largest insurers, measured by assets and net premiums are based in Japan and France respectively, AM Best has found in its annual ranking of global insurers.
AM Best affirms and upgrades Ecclesiastical ratings
AM Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of "a" of Ecclesiastical Insurance Office (United Kingdom).