Page 98 - Proper Use News Today

Posted on 17299 AM Best has assigned the Long-Term Issuer Credit Rating (Long-Term ICR) of “bb+” to Austral Participações S.A. (Austral). The outlook assigned to this Credit Rating is positive. Concurrently, AM Best has affirmed the FSR of B++ (Good) and the Long-Term ICR of “bbb+” of Austral Resseguradora S.A. (Austral Re) and Austral Seguradora S.A. The outlook of these Credit Ratings (ratings) is positive. All companies ...

Posted on 11244 AM Best has affirmed the Financial Strength Rating of A-(Excellent), the Long-Term Issuer Credit Rating of “a-” and the Mexico National Scale Rating of “aaa.MX” of Virginia Surety Seguros de México S.A. de C.V. (VSSM) (Mexico City, Mexico). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect VSSM’s balance sheet strength, which AM Best assesses as strong, as well as its adequate ope...

Posted on 8368 AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” to Eureka-Re SCC (Eureka) (Barbados). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Eureka’s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk manageme...

Posted on 8472 AM Best has affirmed the Financial Strength Rating (FSR) of B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” of Acerta Compañia de Seguros, S.A. (Acerta) (Panama). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Acerta’s balance sheet strength, which AM Best categorizes as strongest, as well as its marginal operating performance, neutral business profile and...

Posted on 10091 AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Compañía Internacional de Seguros, S.A. (CIS) (Panama City, Panama). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect CIS’ balance sheet strength, which AM Best categorizes as strongest, as well as its strong operating performance, neutral business profile and appropr...

Posted on 378 AM Best has revised the outlook to positive from stable for the Long-Term Issuer Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and a Long-Term ICR of “bbb” of Genesee Patrons Cooperative Insurance Company (Genesee) (Batavia, NY). The outlook of the FSR is stable. The Credit Ratings (ratings) reflect Genesee’s balance sheet strength, which AM Best categorizes as strong, as we...

Posted on 20070 AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of AVLA Perú Compañía de Seguros S.A. (AVLAP) (Lima, Peru). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect AVLAP’s balance sheet strength, which AM Best categorizes as very strong, as well as its adequate operating performance, neutral business profile and appropriate ...

Posted on 16703 AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Société Hospitalière d’Assurances Mutuelles (Sham) (France). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Sham’s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, neutral business profile and appr...

Posted on 176 AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Accelerant Insurance Limited (AIL) (Malta) and Accelerant Specialty Insurance Company (ASIC) (Little Rock, AR). The companies are wholly owned subsidiaries of Accelerant Holdings (Accelerant) (Cayman Islands), the non-operating holding company of the Accelerant group. The outlook of these Credit Rat...

AM Best Assigns Credit Ratings to 1842 Insurance Company AM Best Assigns Credit Ratings to 1842 Insurance Company AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of a to 1842 Insurance Company (1842) (Bel Air, MD). The outlook assigned to these Credit Ratings (ratings) is stable. 1842 is a newly formed member of Harford Mutual Insurance Group (Harford). The ratings reflect 1842s balance sheet strength, which AM Best categorizes as very st...