Good | Jotup

AM Best Affirms Credit Ratings of CICA-RE

Retrieved on:

Friday, March 22, 2024

Insurance, Professional Services, ALL, News, CICA, Credit, AM Best, CIMA, Good, Geography, GWP

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

Key Points:

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 Best’s Credit Ratings .
For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s 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 Black Gold Re Limited

Retrieved on:

Thursday, March 21, 2024

Finance, Consulting, Banking, Professional Services, Insurance, ERM, ALL, News, Black gold, Credit, AM Best, Good

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Black Gold Re Limited (BGRe) (Bermuda).

Key Points:

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Black Gold Re Limited (BGRe) (Bermuda).
For current Best’s 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 Best’s Credit Ratings .
For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

NSF Marks Milestones in Personal Care for Athletes

Retrieved on:

Thursday, March 21, 2024

These certifications mark two major milestones: CBDHCC is NSF’s first client in the world to comply with NSF Guideline 527, which demonstrates the product formula meets strict limits and is free of unsafe levels of impurities and adulterants; it is also the first personal care product to earn NSF Certified for Sport® certification.

Key Points:

These certifications mark two major milestones: CBDHCC is NSF’s first client in the world to comply with NSF Guideline 527, which demonstrates the product formula meets strict limits and is free of unsafe levels of impurities and adulterants; it is also the first personal care product to earn NSF Certified for Sport® certification.
"The spirit of clean athletic competition is something we all connect with,” said David Trosin, Senior Director, Global Certification at NSF.
NSF Certified for Sport® certifies dietary supplements, functional foods, cosmetics and personal care products to be free from substances banned by major sporting organizations.
Products Certified for Sport® must also be certified to either NSF/ANSI 173, NSF 229 or NSF 527 to ensure their contents match their claims.

AM Best Assigns Issue Credit Rating to Lincoln National Corporation’s New Senior Unsecured Notes

Retrieved on:

Friday, March 15, 2024

Insurance, Professional Services, Risk, LNC, ALL, Lincoln National Corporation, Sale, News, Long-Term Capital Management, Credit, Credit rating, AM Best, Good, Bank

AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb+” (Good) to the $350 million 5.852% senior unsecured notes, due March 15, 2034, issued by Lincoln National Corporation (LNC) (headquartered in Radnor, PA).

Key Points:

AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb+” (Good) to the $350 million 5.852% senior unsecured notes, due March 15, 2034, issued by Lincoln National Corporation (LNC) (headquartered in Radnor, PA).
LNC’s existing Long-Term Issuer Credit Rating and Long-Term IRs remain unchanged.
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 Centerline Insurance Company Under Review With Negative Implications

Retrieved on:

Friday, March 15, 2024

Insurance, Professional Services, ALL, News, Wind, Credit, AM Best, Good, MGA, IBNR

AM Best has placed under review with negative implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Centerline Insurance Company (Centerline) (headquartered in Knoxville, TN).

Key Points:

AM Best has placed under review with negative implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Centerline Insurance Company (Centerline) (headquartered in Knoxville, TN).
The Credit Ratings (ratings) of Centerline were placed under review with negative implications based on the company’s significant surplus decline in year-end 2023.
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 Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best Withdraws Credit Ratings of Moda Health Plan, Inc. and Oregon Dental Service

Retrieved on:

Friday, March 15, 2024

Banking, Professional Services, Insurance, Finance, ODS, ERM, ALL, News, FSR, Fair, Capital adequacy ratio, Moda, Credit, AM Best, Moda Health, Good, Risk management

Concurrently, AM Best has downgraded the FSR to B (Fair) from B+ (Good) and the Long-Term ICR to “bb+” (Fair) from “bbb-” (Good) of Oregon Dental Service (ODS).

Key Points:

Concurrently, AM Best has downgraded the FSR to B (Fair) from B+ (Good) and the Long-Term ICR to “bb+” (Fair) from “bbb-” (Good) of Oregon Dental Service (ODS).
Furthermore, AM Best has withdrawn these ratings as the companies have requested to no longer participate in AM Best’s interactive rating process.
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 Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best Downgrades and Withdraws Credit Ratings of Conifer Holdings, Inc. and Subsidiaries

Retrieved on:

Thursday, March 14, 2024

Finance, Data Analytics, Professional Services, Other Professional Services, Insurance, ERM, ALL, News, CHI, Credit, AM Best, CIC, Good, Conifer, Risk management

Concurrently, AM Best has placed all of these Credit Ratings (ratings) under review with negative implications.

Key Points:

Concurrently, AM Best has placed all of these Credit Ratings (ratings) under review with negative implications.
At the same time, AM Best has withdrawn all of these ratings as the company has requested to no longer participate in AM Best’s interactive rating process.
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 Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best Affirms Credit Ratings of Insurance Subsidiaries of OneMain Holdings, Inc.

Retrieved on:

Thursday, March 14, 2024

Professional Services, Insurance, Finance, ERM, COVID-19, ALL, News, OMF, Credit, AM Best, Good

Both companies are wholly owned subsidiaries of OneMain Holdings, Inc. (OneMain) [NYSE: OMF] (headquartered in Evansville, IN).

Key Points:

Both companies are wholly owned subsidiaries of OneMain Holdings, Inc. (OneMain) [NYSE: OMF] (headquartered in Evansville, IN).
AHLIC and Triton are dependent on OneMain as a primary distribution source, and both insurance companies continue to have significant concentration in credit insurance products.
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 Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best Assigns Credit Rating to Mozart Insurance, Ltd.

Retrieved on:

Thursday, March 14, 2024

Insurance, Professional Services, Disability, ERM, Growth, Mundial, ALL, News, Credit, AM Best, Good, USD

AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb” (Good) of Mozart Insurance, Ltd. (Mozart) (Bermuda).

Key Points:

AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb” (Good) of Mozart Insurance, Ltd. (Mozart) (Bermuda).
Mozart was incorporated in Bermuda on July 12, 2019, and registered as a Class 3A insurer on Sept. 26, 2019.
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.

CBD Healthcare Company Becomes the First-Ever Worldwide to Earn Prestigious NSF International Certifications in Personal Care for Athletes (NSF Guideline 527 and NSF Certified for Sport)

Retrieved on:

Friday, March 15, 2024

CBD Healthcare Company (CBDHCC) has become the First-Ever Personal Care Product to have earned certification to NSF Guideline 527 and NSF Certified for Sport® for its Broad-Spectrum CBD Balancing Massage and Body Oil.

Key Points:

CBD Healthcare Company (CBDHCC) has become the First-Ever Personal Care Product to have earned certification to NSF Guideline 527 and NSF Certified for Sport® for its Broad-Spectrum CBD Balancing Massage and Body Oil.
"The spirit of clean athletic competition is something we all connect with,” said David Lonza, Vice President, Health Sciences at NSF.
NSF Certified for Sport® certifies dietary supplements, functional foods, cosmetics and personal care products to be free from substances banned by major sporting organizations.
Products Certified for Sport® must also be certified to either NSF/ANSI 173, NSF 229 or NSF 527 to ensure their contents match their claims.