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AM Best Affirms Credit Ratings of Mutua de Riesgo Maritimo, Sociedad de Seguros a Prima Fija

Retrieved on: 
Friday, July 9, 2021

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb (Good) of Mutua de Riesgo Maritimo, Sociedad de Seguros a Prima Fija (Murimar) (Spain).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb (Good) of Mutua de Riesgo Maritimo, Sociedad de Seguros a Prima Fija (Murimar) (Spain).
  • AM Best will continue to monitor closely the companys ability to generate capital to support its growth strategy.
  • 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 .

Best’s Review Interviews Guardian Life’s CEO Andrew McMahon on Re-Articulating Business Practices

Retrieved on: 
Thursday, July 8, 2021

Bests Review interviews Guardian Life Insurance Company of Americas new chief executive officer, Andrew McMahon, who wants his company to spend the next year rearticulating business practices at all levels.

Key Points: 
  • Bests Review interviews Guardian Life Insurance Company of Americas new chief executive officer, Andrew McMahon, who wants his company to spend the next year rearticulating business practices at all levels.
  • See how he plans to attain these goals in Guardian Lifes CEO Andrew McMahon Wants to Mutual Insurer to Spend 2021 Looking Within.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.
  • Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City.

AM Best Affirms Credit Ratings of Beazley’s Lloyd’s Syndicates and Beazley plc Subsidiaries

Retrieved on: 
Friday, July 2, 2021

AM Best has affirmed the Financial Strength Ratings (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of a+ (Excellent) of Lloyds Syndicate 2623, Lloyds Syndicate 623, Lloyds Syndicate 3623 and Lloyds Syndicate 3622 (the syndicates) (United Kingdom).

Key Points: 
  • AM Best has affirmed the Financial Strength Ratings (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of a+ (Excellent) of Lloyds Syndicate 2623, Lloyds Syndicate 623, Lloyds Syndicate 3623 and Lloyds Syndicate 3622 (the syndicates) (United Kingdom).
  • The syndicates are managed by Beazley Furlonge Limited, and their ratings reflect the financial strength of the Lloyds market, which underpins the security of all syndicates.
  • 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 Affirms Credit Ratings of Toyota Motor Insurance Company

Retrieved on: 
Friday, July 2, 2021

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of Toyota Motor Insurance Company (TMIC) (Cedar Rapids, IA).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of Toyota Motor Insurance Company (TMIC) (Cedar Rapids, IA).
  • 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 .

AM Best Affirms Credit Ratings of Milli Reasurans Turk Anonim Sirketi

Retrieved on: 
Friday, July 2, 2021

AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of bb+ (Fair) of Milli Reasurans Turk Anonim Sirketi (Milli Re) (Turkey).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of bb+ (Fair) of Milli Reasurans Turk Anonim Sirketi (Milli Re) (Turkey).
  • Capital requirements relate largely to underwriting risk, driven by the business written by Milli Res subsidiary, Anadolu Anonim Turk Sigorta Sirketi (Anadolu).
  • 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 Affirms Credit Ratings of Hanwha General Insurance Company Limited

Retrieved on: 
Wednesday, June 30, 2021

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of Hanwha General Insurance Company Limited (HGI) (South Korea).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of Hanwha General Insurance Company Limited (HGI) (South Korea).
  • The ratings also reflect various forms of implicit and explicit support that the company receives from its parent, Hanwha Life Insurance Co., Ltd. (Hanwha Life).
  • 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 Affirms Credit Ratings of Massachusetts Mutual Life Insurance Company and Its Subsidiaries

Retrieved on: 
Friday, June 25, 2021

AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of aa+ (Superior) of Massachusetts Mutual Life Insurance Company (MassMutual) (domiciled in Springfield, MA) and its life/health subsidiaries, C.M.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of aa+ (Superior) of Massachusetts Mutual Life Insurance Company (MassMutual) (domiciled in Springfield, MA) and its life/health subsidiaries, C.M.
  • Life Insurance Company and MML Bay State Life Insurance Company (both domiciled in Enfield, CT).
  • 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 Affirms Credit Ratings of AMERISAFE, Inc. and Its Operating Subsidiaries

Retrieved on: 
Thursday, June 24, 2021

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

Key Points: 
  • The outlook of these Credit Ratings (ratings) is stable.
  • The ratings reflect AMERISAFE Insurance Groups balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
  • 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 Withdraws Credit Ratings of Lifetime Income Limited

Retrieved on: 
Thursday, June 24, 2021

AM Best has maintained the under review with negative implications status for the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of bb- (Fair) of Lifetime Income Limited (LIL) (New Zealand).

Key Points: 
  • AM Best has maintained the under review with negative implications status for the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of bb- (Fair) of Lifetime Income Limited (LIL) (New Zealand).
  • Concurrently, AM Best has withdrawn these Credit Ratings (ratings) as the company has requested to no longer participate in AM Bests interactive ratings process.
  • 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 Affirms Credit Ratings of ERIKA Försäkringsaktiebolag (publ)

Retrieved on: 
Thursday, June 24, 2021

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of ERIKA Frskringsaktiebolag (publ) (Erika) (Sweden).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of ERIKA Frskringsaktiebolag (publ) (Erika) (Sweden).
  • 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 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 .