AM Best Upgrades Credit Ratings of Atlantic Casualty Insurance Company; Affirms Credit Ratings of Auto-Owners Insurance Company and Most Subsidiaries
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AM Best has assigned a Preliminary Credit Assessment to Omaha National Insurance Company with a Financial Strength Assessment of A- pca and a Long-Term Issuer Credit Assessment of“ a-” pca. The very strong balance sheet assessment reflects ONIC’ s strongest level of risk-adjusted capitalization, as measured by Best’ s Capital Adequacy Ratio, on a pro forma basis...
Press release content from Business Wire. The AP news staff was not involved in its creation. AM Best Comments on Credit Ratings of ProSight Specialty Group Members Following Acquisition Announcement January 15, 2021 GMT OLDWICK, N.J.--(BUSINESS WIRE)--Jan 15, 2021-- AM Best has commented that the Credit Ratings (ratings) of New York Marine and General Insurance Company (New York, NY) and its wholly owned subsidiaries, Gotham Insurance Company (New York, NY) and Southwest Marine and General Insurance Company (Scottsdale, AZ) (collectively referred to as ProSight Specialty Group) remain un...
Posted on 9114 AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of New York Marine and General Insurance Company (New York, NY) and its wholly owned subsidiaries, Gotham Insurance Company (New York, NY) and Southwest Marine and General Insurance Company (Scottsdale, AZ) (collectively referred to as ProSight Specialty Group). Concurrently, AM Best has affirmed the Long-Term ICR of “bbb-” of ProSight Global, Inc. (Delaware). The outlook of the...