Page 54 - Proper Use News Today

AM Best has downgraded the Financial Strength Rating to B++ from A- and the Long-Term Issuer Credit Rating to“ bbb+” from“ a-” of Journey Insurance Company. The outlook for the FSR has been revised to stable from negative. The outlook for the Long-Term ICR is negative.

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of members of Nodak Insurance Group. Concurrently, AM Best has affirmed the Long-Term ICR of“ bbb+” of NI Holdings, Inc., a publicly traded holding company. The ratings also reflect Nodak’ s neutral business profile driven by its market position as a leader in personal...

AM Best has placed under review with positive implications the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of the members of AmeriTrust Group, whose principal insurance subsidiaries operate under an intercompany reinsurance pooling agreement. AmeriTrust Group is headquartered in Southfield, Michigan.

AM Best has affirmed the Long-Term Issuer Credit Rating of“ bb+” to Austral Participações S.A.. Concurrently, AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term ICR of“ bbb+” of Austral Resseguradora S.A. and Austral Seguradora S.A. The outlook of these ratings is positive. All companies are domiciled in Brazil, and collectively are referred...

AM Best has revised the outlook on the Long-Term Issuer Credit Rating to positive from stable and affirmed the Financial Strength Rating of B++ and the Long-Term ICR of“ bbb” of Aseguradora General, S.A.. AGen was established in 1967 and is the sixth-largest insurer operating in Guatemala. The company’ s majority shareholder is Luensi, S.A., a pure holding company with...

AM Best has downgraded the Financial Strength Rating to A- from A and the Long-Term Issuer Credit Rating to“ a-” from“ a” of Louisiana Farm Bureau Mutual Insurance Company. The outlook of these Credit Ratings is stable. ERM remains appropriate and in line with the company’ s risk profile, with strategies focused on the identification, mitigation and control of risk...

AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) of Aetna Insurance Company Limited

AM Best has downgraded the Financial Strength Rating (FSR) to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to "bb+" (Fair) from "bbb-" (Good) of Société Tunisienne

AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Guild Insurance Limited. In addition, the ratings factor in no rating lift or drag from the company’ s ultimate ownership by The Pharmacy Guild of Australia. However, following the latest judgments in a series of...

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "a+" (Excellent) of QBE Europe SA/NV (Belgium), QBE UK Limited (United