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AM Best : Revises Outlooks to Stable and Affirms Credit Ratings of Aspen Insurance Holdings Limited and Its Rated Subsidiaries

AM Best : Revises Outlooks to Stable and Affirms Credit Ratings of Aspen Insurance Holdings Limited and Its Rated Subsidiaries
04/30/2021 | 12:41pm EDT
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AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Ratings (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” of Aspen Insurance UK Limited (AIUK) (United Kingdom), Aspen Bermuda Limited (ABL) (Bermuda), Aspen American Insurance Company (AAIC) (Austin, TX) and Aspen Specialty Insurance Company (ASIC) (Bismarck, ND). Concurrently, AM Best has revised the outlook to stable from negative and affirmed the Long-Term ICR of “bbb” of Aspen Insurance Holdings Limited (Aspen) (Bermuda), the non-operating holding company of the Aspen group of companies. AM Best has also revised the outlook to stable from negative and affirmed the Long-Term Issue Credit Ratings (Long-Term IRs) on the debt instrumen ....

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AM Best Affirms Credit Ratings of Industrial Alliance Insurance and Financial Services Inc. and Its Subsidiaries

Press release content from Business Wire. The AP news staff was not involved in its creation.
AM Best Affirms Credit Ratings of Industrial Alliance Insurance and Financial Services Inc. and Its Subsidiaries
April 16, 2021 GMT
OLDWICK, N.J. (BUSINESS WIRE) Apr 16, 2021
AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” of Industrial Alliance Insurance and Financial Services Inc. (IA) (Quebec). Concurrently, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IR) of IA. Additionally, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICRs of “a” of IA’s U.S. life insurance entities within the IA American Life Group. (See below for a detailed listing of companies.) AM Best also has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” of Industrial Alliance Pacific General Insurance Corporation (IAPG) (headquartered in Vancouver, ....

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AM Best Assigns Indicative Issue Credit Ratings to Humana Inc.'s New Shelf Registration

AM Best Assigns Indicative Issue Credit Ratings to Humana Inc.'s New Shelf Registration
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AM Best Revises Outlooks to Stable for Argo Group International Holdings, Ltd. and Its Subsidiaries; Affirms Credit Ratings

Press release content from Business Wire. The AP news staff was not involved in its creation.
AM Best Revises Outlooks to Stable for Argo Group International Holdings, Ltd. and Its Subsidiaries; Affirms Credit Ratings
March 12, 2021 GMT
OLDWICK, N.J. (BUSINESS WIRE) Mar 12, 2021
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of Argo Re Ltd. (Argo Re) (Pembroke, Bermuda) and its subsidiaries. AM Best also has revised the outlooks to stable from negative and affirmed the Long-Term ICR of “bbb-” and the Long-Term Issue Credit Ratings (Long-Term IR) of the parent, Argo Group International Holdings, Ltd. (Argo Group) (Pembroke, Bermuda) [NYSE: ARGO]. Additionally, AM Best has revised the outlooks to stable from negative and affirmed the Long-Term ICR of “bbb-” and the Long-Term IR of Argo Group US, Inc. (Argo US) (head ....

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A.M. Best Company (via Public) / AM Best Comments on Credit Ratings of The Progressive Corp and Members Following Protective Insurance Acquisition Announcement

OLDWICK - FEBRUARY 16, 2021 06:05 PM (EST)
AM Best has commented that the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of aa for members of The Progressive Corporation (Progressive) (Mayfield Village, OH), along with the Long-Term ICR of a for Progressive, the parent holding company, and all Long-Term Issue Credit Ratings (Long-Term IR) on Progressive s senior and preferred stock issuances remain unchanged following the company s Feb. 16, 2021, announcement that it has entered into a definitive agreement to acquire Protective Insurance Corporation (Protective), with a total transaction value of approximately $338 million. The acquisition includes all outstanding Class A and Class B common shares of Protective and is expected to close prior to the end of the third quarter of 2021. The outlook of these Credit Ratings (ratings) is stable. ....

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