Credit rating

AM Best Assigns Issue Credit Rating to Primerica, Inc.’s Senior Unsecured Notes

Retrieved on: 
Thursday, November 18, 2021

AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of a- (Excellent) to Primerica, Inc.s (Primerica) (headquartered in Duluth, GA) recently announced $600 million 2.8% senior unsecured notes, due November 2031.

Key Points: 
  • AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of a- (Excellent) to Primerica, Inc.s (Primerica) (headquartered in Duluth, GA) recently announced $600 million 2.8% senior unsecured notes, due November 2031.
  • The outlook assigned to this Credit Rating (rating) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best Assigns Indicative Issue Credit Rating to Massachusetts Mutual Life Insurance Company’s New Surplus Notes

Retrieved on: 
Thursday, November 18, 2021

AM Best has assigned an indicative Long-Term Issue Credit Rating (Long-Term IR) of aa- (Superior) to the surplus notes recently announced by Massachusetts Mutual Life Insurance Company (MassMutual) (Springfield, MA).

Key Points: 
  • AM Best has assigned an indicative Long-Term Issue Credit Rating (Long-Term IR) of aa- (Superior) to the surplus notes recently announced by Massachusetts Mutual Life Insurance Company (MassMutual) (Springfield, MA).
  • MassMutual will offer up to $750 million in surplus notes with maturities due in 40 years.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best Assigns Preliminary Credit Assessment to Omaha National Insurance Company

Retrieved on: 
Friday, November 5, 2021

AM Best has assigned a Preliminary Credit Assessment (PCA) to Omaha National Insurance Company (ONIC) (Omaha, NE) with a Financial Strength Assessment of A- pca (Excellent) and a Long-Term Issuer Credit Assessment of a- pca (Excellent).

Key Points: 
  • AM Best has assigned a Preliminary Credit Assessment (PCA) to Omaha National Insurance Company (ONIC) (Omaha, NE) with a Financial Strength Assessment of A- pca (Excellent) and a Long-Term Issuer Credit Assessment of a- pca (Excellent).
  • For additional information regarding the use and limitations of Credit Rating and Assessment 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 for Members of Columbia Lloyds Companies - Columbia Lloyds Insurance Company and MDOW Insurance Company

Retrieved on: 
Thursday, October 28, 2021

HOUSTON, Oct. 28, 2021 /PRNewswire/ -- AM Besthas upgraded the Financial Strength Rating of Columbia Lloyds Insurance CompanyandMDOW Insurance Company to A- Excellent with a Stable Outlook.

Key Points: 
  • HOUSTON, Oct. 28, 2021 /PRNewswire/ -- AM Besthas upgraded the Financial Strength Rating of Columbia Lloyds Insurance CompanyandMDOW Insurance Company to A- Excellent with a Stable Outlook.
  • About Columbia Lloyds and MDOW Insurance Companies:Founded in 1985, Columbia Lloyds is the parent company of MDOW Insurance Company, both of whom are headquartered in Houston, Texas.
  • Columbia Lloyds and MDOW Insurance Companies are led by Milby Dunn, II as Chairman of the Board, John R. Todd as Pres.
  • Founded in 1899, AM Best is a global credit rating agency specializing in the insurance industry and is the world's oldest and most authoritative insurance rating and information source.

AM Best Assigns Preliminary Credit Assessment to Triangle Life Insurance Co. Ltd.

Retrieved on: 
Friday, October 1, 2021

AM Best has assigned a Preliminary Credit Assessment (PCA) to Triangle Life Insurance Co. Ltd. (Triangle Life) (Bermuda) with a Financial Strength Assessment of A- pca (Excellent) and a Long-Term Issuer Credit Assessment of a- (Excellent) pca.

Key Points: 
  • AM Best has assigned a Preliminary Credit Assessment (PCA) to Triangle Life Insurance Co. Ltd. (Triangle Life) (Bermuda) with a Financial Strength Assessment of A- pca (Excellent) and a Long-Term Issuer Credit Assessment of a- (Excellent) pca.
  • Triangle Life is a start-up life insurer domiciled in Bermuda, which plans to provide protection and savings products to high-net-worth (HNW) individuals globally.
  • For additional information regarding the use and limitations of Credit Rating and Assessment opinions, please view Guide to Bests Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best Assigns Preliminary Credit Assessment to Vista L&C Capital Solutions, LLC

Retrieved on: 
Wednesday, September 29, 2021

AM Best has assigned a Preliminary Credit Assessment (PCA) to Vista L&C Capital Solutions, LLC (Shelburne, Vermont) with a Financial Strength Assessment of B++ pca (Good) and a Long-Term Issuer Credit Assessment of bbb+pca (Good).

Key Points: 
  • AM Best has assigned a Preliminary Credit Assessment (PCA) to Vista L&C Capital Solutions, LLC (Shelburne, Vermont) with a Financial Strength Assessment of B++ pca (Good) and a Long-Term Issuer Credit Assessment of bbb+pca (Good).
  • For additional information regarding the use and limitations of Credit Rating and Assessment opinions, please view Guide to Best's 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 Assigns Issue Credit Rating to The Hartford Financial Services Group, Inc.’s New Senior Unsecured Notes

Retrieved on: 
Thursday, September 16, 2021

AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of a- (Excellent) to The Hartford Financial Services Group, Inc.s (The Hartford) (headquartered in Hartford, CT) [NYSE: HIG] recently announced $600 million, 2.9% senior unsecured notes due September 2051.

Key Points: 
  • AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of a- (Excellent) to The Hartford Financial Services Group, Inc.s (The Hartford) (headquartered in Hartford, CT) [NYSE: HIG] recently announced $600 million, 2.9% senior unsecured notes due September 2051.
  • The outlook assigned to this Credit Rating (rating) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best Places Credit Ratings of Massy United Insurance Ltd. Under Review With Developing Implications Following Acquisition Announcement

Retrieved on: 
Thursday, September 16, 2021

AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of a- (Excellent) of Massy United Insurance Ltd. (Massy United) (Barbados).

Key Points: 
  • AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of a- (Excellent) of Massy United Insurance Ltd. (Massy United) (Barbados).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's 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 Assigns Issue Credit Rating to Group Ark Insurance Limited’s Subordinated Notes

Retrieved on: 
Monday, September 13, 2021

AM Best has assigned a Long-Term Issue Credit Rating of bbb+ (Good) to the USD 70 million floating rate subordinated notes, due 2041, of Group Ark Insurance Limited (GAIL) (Bermuda), a subsidiary of Ark Insurance Holdings Limited (Ark).

Key Points: 
  • AM Best has assigned a Long-Term Issue Credit Rating of bbb+ (Good) to the USD 70 million floating rate subordinated notes, due 2041, of Group Ark Insurance Limited (GAIL) (Bermuda), a subsidiary of Ark Insurance Holdings Limited (Ark).
  • The Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of GAIL remain unchanged.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

AM Best Assigns Issue Credit Rating to W. R. Berkley Corporation’s Senior Unsecured Notes

Retrieved on: 
Thursday, September 9, 2021

AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of a- (Excellent) to the forthcoming $350 million, 3.150% senior unsecured notes, due September 2061, to be issued by W. R. Berkley Corporation (WRB) (Greenwich, CT) [NYSE: WRB].

Key Points: 
  • AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of a- (Excellent) to the forthcoming $350 million, 3.150% senior unsecured notes, due September 2061, to be issued by W. R. Berkley Corporation (WRB) (Greenwich, CT) [NYSE: WRB].
  • Following the issuance of the notes, WRBs financial leverage is expected to remain within AM Bests guidelines for the assigned rating.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.