Credit rating agencies

AM Best Affirms Credit Ratings of Merit Life Insurance Co.

Retrieved on: 
Tuesday, August 3, 2021
Insurance, Professional services, Credit rating agencies, AM Best, Credit rating, Economy, Service companies

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Merit Life Insurance Co. (Merit) (Austin, TX).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Merit Life Insurance Co. (Merit) (Austin, TX).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

KBRA Assigns Preliminary Ratings to Theorem Funding Trust 2021-1

Retrieved on: 
Tuesday, August 3, 2021
Banking, Professional services, Finance, Finance, Money, Credit rating agencies, Nationally recognized statistical rating organization, Bond credit rating, U.S. Securities and Exchange Commission, Kroll, Security, Bond, DBRS

Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.

Key Points: 
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority.
  • Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority pursuant to the Temporary Registration Regime.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

AM Best Affirms Credit Ratings of Transportation Property and Casualty Company Inc.

Retrieved on: 
Monday, August 2, 2021
Banking, Professional services, Insurance, Finance, Credit rating agencies, Insurance, AM Best

AM Best affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of Transportation Property and Casualty Company Inc. (TPCC) (British Columbia, Canada) on July 30, 2021.

Key Points: 
  • AM Best affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of Transportation Property and Casualty Company Inc. (TPCC) (British Columbia, Canada) on July 30, 2021.
  • TPCC is a pure captive insurance company that provides automobile physical damage, general liability and property insurance coverage solely to TransLink.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Withdraws Credit Ratings of Tri-State Consumer Insurance Company

Retrieved on: 
Monday, August 2, 2021
Professional services, Insurance, Finance, Credit rating agencies, AM Best, Tewksbury Township, New Jersey, Stillwater, Oklahoma, Insurance, Credit rating, Geography of Oklahoma, Economy, Geography of the United States

AM Best has withdrawn the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Tri-State Consumer Insurance Company (Tri-State) (Jericho, NY).

Key Points: 
  • AM Best has withdrawn the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Tri-State Consumer Insurance Company (Tri-State) (Jericho, NY).
  • These Credit Ratings (ratings) were under review with developing implications pending Tri-States merger with Stillwater Property and Casualty Insurance Company, which is a member of the Stillwater Insurance Group (Stillwater).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Registered as a Rating Agency in Guatemala

Retrieved on: 
Monday, August 2, 2021
Professional services, Insurance, Finance, Credit rating agencies, AM Best, Tewksbury Township, New Jersey, Insurance, Business organizations

AM Best currently rates several of the leading insurance companies in Guatemalas market, and has been rating insurers in the Latin American region since 1999 with an significantly increased market presence in recent years.

Key Points: 
  • AM Best currently rates several of the leading insurance companies in Guatemalas market, and has been rating insurers in the Latin American region since 1999 with an significantly increased market presence in recent years.
  • We are very proud of being the first foreign credit rating agency to be registered in Guatemala, said De la Torre.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.
  • Copyright 2021 by A.M. Best Rating Services, Inc. and/or its affiliates.

AM Best Assigns Credit Ratings to International General Insurance Company (Europe) SE

Retrieved on: 
Friday, July 30, 2021
Insurance, Professional services, Credit rating agencies, AM Best, Igi, Credit rating, Insurance, Economy, Articles

AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of a (Excellent) to International General Insurance Company (Europe) SE (IGI Europe) (Malta).

Key Points: 
  • AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of a (Excellent) to International General Insurance Company (Europe) SE (IGI Europe) (Malta).
  • The company is a wholly owned subsidiary of International General Insurance Co. Ltd. (IGI Bermuda).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Affirms Credit Ratings of Sammons Financial Group, Inc. and Its Subsidiaries

Retrieved on: 
Friday, July 30, 2021
Banking, Professional services, Insurance, Finance, Sammons Enterprises, Credit rating agencies

The outlook of these Credit Ratings (ratings) is stable.

Key Points: 
  • The outlook of these Credit Ratings (ratings) is stable.
  • Sammons Financial Group, Inc. is an intermediate holding company for Midland National and North American, and is indirectly owned by Sammons Enterprises, Inc. Midland National and North American the groups key life/health insurance subsidiaries are jointly referred to as the Sammons Financial Group (SFG).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Affirms Credit Ratings of Associated Electric & Gas Insurance Services Limited

Retrieved on: 
Thursday, July 29, 2021
Professional services, Finance, Credit rating agencies, AM Best, Credit rating, Economy, Service companies

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of Associated Electric & Gas Insurance Services Limited (AEGIS) (Hamilton, Bermuda).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of Associated Electric & Gas Insurance Services Limited (AEGIS) (Hamilton, Bermuda).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best Upgrades Credit Ratings of Liberty Bankers Life Insurance Company and Its Subsidiaries

Retrieved on: 
Thursday, July 29, 2021
Insurance, Professional services, Finance, Credit rating agencies, AM Best, Tewksbury Township, New Jersey, Insurance, Credit rating

AM Best has upgraded the Financial Strength Rating (FSR) to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to a- (Excellent) from bbb+ (Good) of Liberty Bankers Life Insurance Company (Oklahoma City, OK), and its wholly owned life insurance subsidiaries, The Capitol Life Insurance Company (Dallas, TX) and American Benefit Life Insurance Company (Oklahoma City, OK), together known as the Liberty Bankers Group.

Key Points: 
  • AM Best has upgraded the Financial Strength Rating (FSR) to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to a- (Excellent) from bbb+ (Good) of Liberty Bankers Life Insurance Company (Oklahoma City, OK), and its wholly owned life insurance subsidiaries, The Capitol Life Insurance Company (Dallas, TX) and American Benefit Life Insurance Company (Oklahoma City, OK), together known as the Liberty Bankers Group.
  • Liberty Bankers Group recorded its highest earnings to date in recent periods and AM Best expects the company to maintain current operating levels.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Affirms Credit Ratings of Ocaso, S.A. Seguros y Reaseguros

Retrieved on: 
Thursday, July 29, 2021
Banking, Professional services, Insurance, Finance, Credit rating agencies, AM Best, Tewksbury Township, New Jersey, Credit rating, Economy

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a+ (Excellent) of Ocaso, S.A. Seguros y Reaseguros (Ocaso) (Spain).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a+ (Excellent) of Ocaso, S.A. Seguros y Reaseguros (Ocaso) (Spain).
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .