Credit rating agencies

AM Best Maintains Under Review With Developing Implications Status for Credit Ratings of Madison National Life Insurance Company, Inc.

Retrieved on: 
Wednesday, July 14, 2021

AM Best has maintained the under review with developing implications status for the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Madison National Life Insurance Company, Inc. (Madison National) (Madison, WI).

Key Points: 
  • AM Best has maintained the under review with developing implications status for the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Madison National Life Insurance Company, Inc. (Madison National) (Madison, WI).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper media use of Bests Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Bests Credit Ratings and AM Best Rating Action Press Releases .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

KBRA Assigns Preliminary Ratings to Towd Point Mortgage Funding 2021 – Hastings 1 PLC

Retrieved on: 
Wednesday, July 14, 2021

Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.

Key Points: 
  • Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.
  • 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.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

AM Best Affirms Credit Ratings of Brookfield Annuity Company

Retrieved on: 
Wednesday, July 14, 2021

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Brookfield Annuity Company (Toronto, Ontario, Canada).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Brookfield Annuity Company (Toronto, Ontario, Canada).
  • Brookfield Annuity Company is a wholly owned subsidiary of Brookfield Asset Management Reinsurance Partners Ltd (BAM Re) [TSX: BAMR; NYSE: BAMR].
  • The ratings reflect Brookfield Annuity Companys balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
  • For information on the proper media use of Bests Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Bests Credit Ratings and AM Best Rating Action Press Releases .

AM Best Revises Issuer Credit Rating Outlook to Positive for CAMICO Mutual Insurance Company

Retrieved on: 
Wednesday, July 14, 2021

AM Best has revised the Long-Term Issuer Credit Rating (Long-Term ICR) outlook to positive from stable and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of bbb (Good) of CAMICO Mutual Insurance Company (CAMICO) (San Mateo, CA).

Key Points: 
  • AM Best has revised the Long-Term Issuer Credit Rating (Long-Term ICR) outlook to positive from stable and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of bbb (Good) of CAMICO Mutual Insurance Company (CAMICO) (San Mateo, CA).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper media use of Bests Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Bests Credit Ratings and AM Best Rating Action Press Releases .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best Upgrades Issuer Credit Rating of Frank Winston Crum Insurance Company

Retrieved on: 
Wednesday, July 14, 2021

AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to bbb+ (Good) from bbb (Good) and affirmed the Financial Strength Rating of B++ (Good) of Frank Winston Crum Insurance Company (FWCI) (Clearwater, FL).

Key Points: 
  • AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to bbb+ (Good) from bbb (Good) and affirmed the Financial Strength Rating of B++ (Good) of Frank Winston Crum Insurance Company (FWCI) (Clearwater, FL).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper media use of Bests Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Bests Credit Ratings and AM Best Rating Action Press Releases .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best Assigns Credit Ratings to Vantage Risk Specialty Insurance Company

Retrieved on: 
Tuesday, July 13, 2021

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent) to Vantage Risk Specialty Insurance Company (Vantage Risk) (Chicago, IL).

Key Points: 
  • AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent) to Vantage Risk Specialty Insurance Company (Vantage Risk) (Chicago, IL).
  • Vantage Group Holdings Ltd. acquired Vantage Risk to write excess and surplus (E&S) lines for the greater group.
  • In addition, Vantage Risk will benefit from common management, branding and financial flexibility of the greater Vantage Group Holdings Ltd.
  • For information on the proper media use of Bests Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Bests Credit Ratings and AM Best Rating Action Press Releases .

AM Best Affirms Credit Ratings of Guardian Life Insurance Company of America and Its Subsidiaries

Retrieved on: 
Tuesday, July 13, 2021

AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of aa+ (Superior) of Guardian Life Insurance Company of America (Guardian Life) (New York, NY) and its core subsidiaries, Guardian Insurance & Annuity Company, Inc. (Wilmington, DE) and Berkshire Life Insurance Company of America (Pittsfield, MA) (together referred to as Guardian).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of aa+ (Superior) of Guardian Life Insurance Company of America (Guardian Life) (New York, NY) and its core subsidiaries, Guardian Insurance & Annuity Company, Inc. (Wilmington, DE) and Berkshire Life Insurance Company of America (Pittsfield, MA) (together referred to as Guardian).
  • Concurrently, AM Best has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of aa- (Superior) of Guardian Lifes surplus notes.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper media use of Bests Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Bests Credit Ratings and AM Best Rating Action Press Releases .

KBRA Assigns Preliminary Ratings to NBC Funding LLC Series 2021-1 Senior Secured Notes

Retrieved on: 
Tuesday, July 13, 2021

Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.

Key Points: 
  • Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.
  • 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.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

AM Best Withdraws Credit Ratings of Western Home Insurance Company

Retrieved on: 
Tuesday, July 13, 2021

AM Best has withdrawn the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of aa- (Superior) of Western Home Insurance Company (Western Home) (Edina, MN).

Key Points: 
  • AM Best has withdrawn the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of aa- (Superior) of Western Home Insurance Company (Western Home) (Edina, MN).
  • In addition, Western Home was a member of Western National Insurance Pool; all ratings of the pools remaining members remain unchanged.
  • Western Home was acquired by Obsidian Insurance Holdings, Inc. (Obsidian), a hybrid-fronting group, from Western National Mutual Insurance Company (Western National).
  • For information on the proper media use of Bests Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Bests Credit Ratings and AM Best Rating Action Press Releases .

AM Best Assigns Credit Ratings to Greenval Insurance Company Designated Activity Company

Retrieved on: 
Monday, July 12, 2021

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent) to Greenval Insurance Company Designated Activity Company (Greenval) (Ireland).

Key Points: 
  • AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent) to Greenval Insurance Company Designated Activity Company (Greenval) (Ireland).
  • For current Bests Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive .
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper media use of Bests Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Bests Credit Ratings and AM Best Rating Action Press Releases .