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AM Best Removes From Under Review With Developing Implications, Upgrades Credit Ratings of Standard Security Life Insurance Company of New York

AM Best has removed from under review with developing implications and upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating to“ a” from“ a-” of Standard Security Life Insurance Company of New York. The outlook assigned to the Credit Ratings is stable. The ratings reflect SSL’ s balance sheet strength, which AM Best assesses as...
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AM Best Affirms Credit Ratings of Finial Reinsurance Company and Finial Holdings, Inc.

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Finial Reinsurance Company. Concurrently, AM Best has affirmed the Long-Term ICR of“ bbb-” and the Long-Term Issue Credit Rating of“ bbb-” on $200 million, 7.125% senior unsecured notes, due 2023, of Finial Holdings, Inc.. The ratings of Finial Reinsurance Company...
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AM Best Places Credit Ratings of The National Security Group, Inc. and Its Subsidiaries Under Review With Developing Implications Following Acquisition Announcement

AM Best has placed under review with developing implications the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of National Security Fire and Casualty Company. AM Best also has placed under review with developing implications the FSR of B++ and the Long-Term ICR of“ bbb” of NSFC’ s affiliated life/health insurer, National Security...
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AM Best Affirms Credit Ratings of The Dai-ichi Life Insurance Company, Limited

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of The Dai-ichi Life Insurance Company, Limited, the wholly owned operating subsidiary of Dai-ichi Life Holdings, Inc.. The outlook of these Credit Ratings is stable. This assessment also is supported by the group’ s low financial leverage, albeit higher than some...
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AM Best Affirms Credit Ratings of Post-Telecommunication Joint Stock Insurance Corporation

AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of Post-Telecommunication Joint Stock Insurance Corporation. The outlook of these Credit Ratings is stable. The ratings reflect PTI’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business...
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