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April 4, 2022
AM Best has removed from under review with positive implications and upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to "aa" (Superior) from "aa-" (Superior) and affirmed the Financial
April 4, 2022
The majority owner of Euro Accident is Impilo AB, a Swedish investment firm focused on Nordic health care investments. AM Best expects the company’ s risk-adjusted capitalisation to remain at the strongest level prospectively, underpinned by good earnings generation and taking into account projected dividend payments to service the approximately SEK 618...
April 2, 2022
Press release content from Business Wire. The AP news staff was not involved in its creation.
April 1, 2022
AM Best has affirmed the Financial Strength Rating of B- and the Long-Term Issuer Credit Rating of“ bb-” of Kommesk-Omir Insurance Company JSC. The outlook of these Credit Ratings is stable. The ratings also factor in Kommesk’ s exposure to the high levels of economic, political and financial system risk associated with operating predominantly in Kazakhstan, as...
April 1, 2022
AM Best has affirmed the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of "bb-" (Fair) of Kommesk-Omir Insurance Company JSC (Kommesk) (Kazakhstan). The outlook of these
April 1, 2022
AM Best has affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of“ bb” of Al-Sagr National Insurance Company P.S.C.. The outlook of these Credit Ratings is negative. Concurrently, AM Best has withdrawn the ratings as the company has requested to no longer participate in AM Best’ s interactive rating process.
April 1, 2022
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of“ bbb-” of New Zealand Medical Indemnity Insurance Limited. The outlook of these Credit Ratings is stable. AM Best views NZMII’ s business profile as limited given its position as a small and niche insurer in New Zealand focused on providing medical indemnity...
April 1, 2022
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Aspida Life Re Ltd.. Concurrently, AM Best has assigned an FSR of A- and a Long-Term ICR of“ a-” to Aspida Life Insurance Company. The ratings of Aspida Life Insurance Company reflect its balance sheet strength, which AM Best assesses as very strong, as well as its...
April 1, 2022
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of the rated operating subsidiaries of SiriusPoint Ltd.. Concurrently, AM Best has affirmed the Long-Term Issue Credit Rating of“ bbb-” on the USD 115 million, 7% senior unsecured notes, due 2025, of SiriusPoint. The assessment also considers SiriusPoint’ s good...
March 31, 2022
Bill in parliament to protect agricultural land