Credit rating agencies

AM Best Upgrades Credit Ratings of Oxford Life Insurance Company and Christian Fidelity Life Insurance Company

Retrieved on: 
Thursday, July 29, 2021

AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to a (Excellent) from a- (Excellent) of Oxford Life Insurance Company (Oxford Life) (Phoenix, AZ), and its subsidiary, Christian Fidelity Life Insurance Company (Dallas, TX), which are collectively referred to as Oxford Group.

Key Points: 
  • AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to a (Excellent) from a- (Excellent) of Oxford Life Insurance Company (Oxford Life) (Phoenix, AZ), and its subsidiary, Christian Fidelity Life Insurance Company (Dallas, TX), which are collectively referred to as Oxford Group.
  • The outlook of these Credit Ratings (ratings) has been revised to stable from positive.
  • 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 Al Dhafra Insurance Company P.S.C.

Retrieved on: 
Thursday, July 29, 2021

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb+ (Good) of Al Dhafra Insurance Company P.S.C.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb+ (Good) of Al Dhafra Insurance Company P.S.C.
  • 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 specialising in the insurance industry.

AM Best Affirms Credit Ratings of RoyalStar Assurance Ltd.

Retrieved on: 
Thursday, July 29, 2021

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of a (Excellent) of RoyalStar Assurance Ltd. (RSA) (Nassau, Bahamas).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of a (Excellent) of RoyalStar Assurance Ltd. (RSA) (Nassau, Bahamas).
  • 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 .

AM Best Affirms Credit Ratings of American Equity Investment Life Insurance Company and Its Subsidiaries

Retrieved on: 
Thursday, July 29, 2021

AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of a- (Excellent) of American Equity Investment Life Insurance Company (AEILIC) and its subsidiaries, American Equity Investment Life Insurance Company of New York (Lake Success, NY) and Eagle Life Insurance Company, collectively referred to as AEL.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of a- (Excellent) of American Equity Investment Life Insurance Company (AEILIC) and its subsidiaries, American Equity Investment Life Insurance Company of New York (Lake Success, NY) and Eagle Life Insurance Company, collectively referred to as AEL.
  • Concurrently, AM Best has affirmed the Long Term ICR of bbb-(Good) of American Equity Investment Life Holding Company [NYSE: AEL] and its Long Term Issue Credit Ratings (Long-Terms IRs).
  • 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 Eurasia Insurance Company JSC

Retrieved on: 
Thursday, July 29, 2021

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb+ (Good) of Eurasia Insurance Company JSC (Eurasia) (Kazakhstan).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb+ (Good) of Eurasia Insurance Company JSC (Eurasia) (Kazakhstan).
  • In addition, AM Best notes the weaker credit profile of Eurasias parent, Eurasian Financial Company JSC (EFC), primarily due to the parents ownership of JSC Eurasian Bank.
  • 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 .

Fitch Ratings ESG Relevance Scores Data Now Available on RIMES

Retrieved on: 
Thursday, July 29, 2021

RIMES has strengthened its market leading Environmental, Social and Governance (ESG) Data Management service with Fitch Ratings ESG Relevance Scores Data, which is provided by Fitch Solutions.

Key Points: 
  • RIMES has strengthened its market leading Environmental, Social and Governance (ESG) Data Management service with Fitch Ratings ESG Relevance Scores Data, which is provided by Fitch Solutions.
  • The Scores provide clients of RIMES and Fitch Solutions with a neutral view on how different ESG factors impact creditworthiness, and which issues are material and relevant to credit assessments.
  • With Fitch Ratings ESG Relevance Scores, RIMES clients will be able to access more than 10,000 entities and transactions and over 140,000 ESG data points to support credit risk assessments, adding to the credit risk capabilities already available on RIMES.
  • Alessandro Ferrari, CMO at RIMES comments: RIMES ESG Data Management service is part of our industry leading Managed Data Services (MDS) platform and is the industrys broadest ESG data service.

S&P Global Ratings Affirms BAM’s AA Rating and Stable Outlook

Retrieved on: 
Thursday, July 29, 2021

S&P Global Ratings published its full annual analysis of Build America Mutual and affirmed BAMs AA rating and stable outlook, the strongest rating S&P assigns to any active bond insurer.

Key Points: 
  • S&P Global Ratings published its full annual analysis of Build America Mutual and affirmed BAMs AA rating and stable outlook, the strongest rating S&P assigns to any active bond insurer.
  • BAM-insured municipal bond sales increased 27% in the first half of 2021 to a record $9.5 billion, which followed a full-year record for par insured in 2020.
  • The report recognized BAMs excellent capital adequacy, proven record of credit discipline, and low-risk portfolio, which includes only U.S. municipal bonds from issuers who provide essential public services.
  • BAM has a broad presence across the U.S. and its insured exposure represents the lowest risk sectors, as measured by S&P Global Ratings capital charges, the agency said in its report.

B. Riley Financial Announces Offering of $150 Million Senior Notes Due 2028 and "BBB+" Rating from Egan-Jones

Retrieved on: 
Friday, July 30, 2021

The Company expects to grant the underwriters a 30-day option to purchase additional senior notes in connection with the offering.

Key Points: 
  • The Company expects to grant the underwriters a 30-day option to purchase additional senior notes in connection with the offering.
  • B. Riley Financial and this issuance of notes both received an investment grade rating of BBB+ from Egan-Jones Ratings Company, an independent, unaffiliated rating agency.
  • B. Riley Securities, Janney Montgomery Scott, Ladenburg Thalmann and William Blair are acting as book-running managers for this offering.
  • B. Riley Financial provides collaborative solutions tailored to fit the capital raising and business advisory needs of its clients and partners.

Accern Announces Addition of Morningstar Global Equity Research to Its Leading No-Code Platform

Retrieved on: 
Thursday, July 29, 2021

NEW YORK, July 29, 2021 /PRNewswire/ -- Accern Corporation, a leading no-code, artificial intelligence (AI) company, today announced the addition of Morningstar's global equity research to its platform.

Key Points: 
  • NEW YORK, July 29, 2021 /PRNewswire/ -- Accern Corporation, a leading no-code, artificial intelligence (AI) company, today announced the addition of Morningstar's global equity research to its platform.
  • Morningstar is a leading provider of independent investment research, with a team of more than 120 equity analysts providing fundamental research on over 1,500 global companies.
  • The addition of Morningstar Global Equity Research is a major step forward for the firm as it expands the data sources and use cases that customers can benefit from.
  • To learn more about the addition of Morningstar equity research to Accern's platform, visit www.accern.com/data .

Dun & Bradstreet Expands Its Board of Directors and Welcomes Banking Industry Veteran Ellen R. Alemany

Retrieved on: 
Wednesday, July 28, 2021

Dun & Bradstreet Holdings, Inc. (Dun & Bradstreet) (NYSE: DNB), a leading global provider of business decisioning data and analytics, announced today the appointment of Ellen R. Alemany to the companys Board of Directors, effective immediately.

Key Points: 
  • Dun & Bradstreet Holdings, Inc. (Dun & Bradstreet) (NYSE: DNB), a leading global provider of business decisioning data and analytics, announced today the appointment of Ellen R. Alemany to the companys Board of Directors, effective immediately.
  • Alemanys appointment follows the Companys adoption of a resolution to increase its Board of Directors to ten members.
  • It is my honor to welcome Ellen to our Board of Directors.
  • Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity.