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AM Best Affirms Credit Ratings of UnitedHealth Group Incorporated and Most Subsidiaries; Upgrades Credit Ratings of Certain Subsidiaries - Press Release

Dec 18, 2020 19:23 UTC
AM Best Affirms Credit Ratings of UnitedHealth Group Incorporated and Most Subsidiaries; Upgrades Credit Ratings of Certain Subsidiaries
OLDWICK, N.J. (Business Wire)
AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” and the Long-Term Issue Credit Ratings (Long-Term IR) of UnitedHealth Group Incorporated (UnitedHealth Group) (Minnetonka, MN) [NYSE: UNH]. AM Best also has affirmed the Short-Term Issue Credit Rating (Short-Term IR) of UnitedHealth Group. Concurrently, AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+” of the majority of the health and dental insurance subsidiaries of ....

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AM Best Affirms Credit Ratings of Chubb Limited 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 Chubb Limited and Its Subsidiaries
December 17, 2020 GMT
OLDWICK, N.J. (BUSINESS WIRE) Dec 17, 2020
AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” of the subsidiaries of Chubb Limited (Zurich, Switzerland) [NYSE: CB], which include the members of the Chubb US Group of Insurance Companies (Chubb US Group) and the members of Chubb Bermuda Insurance Ltd. (Chubb Bermuda) and Chubb Tempest Reinsurance Ltd. (Chubb Tempest Re) (both domiciled in Bermuda). ....

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AM Best Revises Outlooks to Stable for Employers Holdings, Inc. and Its Subsidiaries

Press release content from Business Wire. The AP news staff was not involved in its creation.
AM Best Revises Outlooks to Stable for Employers Holdings, Inc. and Its Subsidiaries
December 15, 2020 GMT
OLDWICK, N.J. (BUSINESS WIRE) Dec 15, 2020
AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of Employers Preferred Insurance Company and its pooled affiliates, collectively referred to as Employers Insurance Group
(Employers). (See below for a detailed list of companies.) Concurrently, AM Best has revised the outlooks to stable from positive and affirmed the Long-Term ICR of “bbb-” and the indicative Long-Term Issue Credit Ratings (Long-Term IR) of Employers Holdings, Inc. (EHI) [NYSE:EIG], the publicly traded ultimate parent of Employers. All companies are headquartered in Reno, NV. ....

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AM Best Affirms Credit Ratings of The Progressive Corporation and Its Members

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AM Best has affirmed 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). Additionally, AM Best has affirmed 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. AM Best also has affirmed the FSR of A (Excellent) and the Long-Term ICR of a+ of National Continental Insurance Company (National Continental) (Bohemia, NY). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies and ratings.) ....

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AM Best Affirms Credit Ratings of Nassau Financial Group, L.P.s Insurance Subsidiaries

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AM Best has affirmed the Financial Strength Rating (FSR) of B+ (Good) and the Long-Term Issue Credit Ratings (Long-Term ICR) of “bbb-” of Nassau Life Insurance Company (NNY), Nassau Life and Annuity Company (NLA), Nassau Life Insurance Company of Kansas (Overland Park, KS) and Nassau Life Insurance Company of Texas (Austin, TX). All of the aforementioned entities, including an unrated entity, Nassau Re (Cayman) Ltd., which is used for internal reinsurance, are collectively referred to as the Nassau Insurance Group (Nassau). Concurrently, AM Best has affirmed the FSR of B (Fair) and the Long-Term ICR of “bb” of PHL Variable Insurance Company (PHL). ....

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