Industry Rating Services Updates

The following press releases feature information regarding the Property/Casualty insurance market.

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Best’s Special Report: U.S. Property/Casualty Industry’s Net Income Increased 69% in 2018: The year-end statutory filings for the U.S. property/casualty (P/C) industry showed a year-over-year 69% increase in net income to $59.2 billion in 2019, owing ...
Date: June 26, 2019    
AM Best Assigns Credit Ratings to Mutual Insurance Company Limited: AM Best has assigned the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” to Mutual Insurance Company Limited (MIC) ...
Date: June 20, 2019    
AM Best Upgrades Issuer Credit Rating of Federated Rural Electric Insurance Exchange: AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” from “a” and affirmed the Financial Strength Rating (FSR) of A (Excellent) of ...
Date: June 20, 2019    
AM Best Affirms Credit Ratings of Assurant, Inc. and Its Core Subsidiaries: AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long Term ICR) of “a+” of the U.S. ...
Date: June 19, 2019    
AM Best Financial Analyst to Address Reinsurance Buyers Conference: AM Best will participate in the 2019 Reinsurance Buyers Conference, an event hosted by the American Agricultural Insurance Company, which is taking place June ...
Date: June 19, 2019    
Best’s Market Segment Report: Rated Caribbean Insurers’ Net Income Rebounds From Catastrophic Hurricane Seasons: An analysis of AM Best-rated property/casualty (P/C) insurers based in the Caribbean found that overall net income rebounded significantly following the ...
Date: June 17, 2019    
AM Best Withdraws Credit Ratings of Lloyd’s Syndicate 510: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of Lloyd’s Syndicate 510 (Syndicate 510) ...
Date: June 14, 2019    
AM Best to Host Webinar on How Drones, Satellites and Aerial Data-Gathering Are Remaking Insurance Claims: AM Best and Best’s Insurance Professionals & Claims Resources will host a webinar on July 16, 2019, at 2 p.m. ET on how aerial and satellite imagery ...
Date: June 14, 2019    
AM Best Upgrades Issuer Credit Ratings of Members of Fire Districts Insurance Group: AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength Rating of B++ (Good) of the ...
Date: June 13, 2019    
AM BestTV: New Court Venues, Litigation Funding and #MeToo Impacting D&O Market, Say AM Best Analysts: In this AMBestTV episode, Sridhar Manyem, director of industry research and analytics, and Sam Hanig, senior industry analyst, both of AM Best, said insurers ...
Date: June 11, 2019    
AM BestTV: U.S. Inland Marine Sector Shows Exceptional Stability, Says AM Best Associate Director: In this AMBestTV episode, David Blades, associate director, AM Best, said the ongoing profitability of the inland marine insurance sector attracts competition, ...
Date: June 10, 2019    
AM Best Places Credit Ratings of CMIC Group’s Members Under Review With Negative Implications: AM Best has placed under review with negative implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of ...
Date: June 7, 2019    
AM Best Affirms Credit Ratings of Kinsale Insurance Company and Kinsale Capital Group, Inc.: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Kinsale Insurance ...
Date: June 6, 2019    
AM Best Downgrades Issuer Credit Rating of New York Schools Insurance Reciprocal: AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” from “a+” and affirmed the Financial Strength Rating (FSR) of A (Excellent) of ...
Date: June 6, 2019    
AM Best Changes Credit Ratings of INTEGRAND Assurance Company Following Regulatory Action: AM Best has removed from under review with negative implications and changed the Financial Strength Rating to a Non-Rating Designation of E (Under Regulatory ...
Date: June 5, 2019    
AM Best Withdraws Credit Ratings of Eastern Re Ltd., S.P.C.: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Eastern Re Ltd., S.P.C. (Eastern Re) ...
Date: June 4, 2019    
AM Best Looks at the Emerging Risks of Catastrophes: Best’s Review focuses on catastrophes in conjunction with the start of hurricane season this month. While these perennial storms are a constant threat for ...
Date: June 4, 2019    
AM Best Withdraws Credit Ratings of MutualAid eXchange: AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of MutualAid eXchange (MAX) (Overland Park, ...
Date: June 3, 2019    
AM Best Assigns Credit Ratings to Synergy Comp Insurance Company: AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to Synergy Comp Insurance Company (Synergy) ...
Date: June 3, 2019    
AM Best Comments on Credit Ratings of First American Fin Corp and Title Insurance Subs Following Alleged Data Security Incident: AM Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” of the members of ...
Date: May 31, 2019    
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