FSR

AM Best Assigns Credit Ratings to Curative Insurance Company

Retrieved on: 
Tuesday, January 31, 2023

AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) to Curative Insurance Company (Curative) (Austin, TX).

Key Points: 
  • AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) to Curative Insurance Company (Curative) (Austin, TX).
  • 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 specializing in the insurance industry.

AM Best Affirms Credit Ratings of Factory Mutual Insurance Company and Its Subsidiaries

Retrieved on: 
Friday, January 27, 2023

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa” (Superior) of Factory Mutual Insurance Company (Johnston, RI) and its subsidiaries, which are collectively referred to as FM Global Group (FM Global).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa” (Superior) of Factory Mutual Insurance Company (Johnston, RI) and its subsidiaries, which are collectively referred to as FM Global Group (FM Global).
  • 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 specializing in the insurance industry.

AM Best Affirms Credit Ratings of North End Re Ltd.

Retrieved on: 
Wednesday, January 25, 2023

The ratings reflect North End Re Ltd.’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

Key Points: 
  • The ratings reflect North End Re Ltd.’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
  • North End Re Ltd. geographically complements its sister company, North End Re (Cayman) SPC, which is also in its first full year of establishing reinsurance operations.
  • 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 Financial Strength Credit Rating for Acuity, A Mutual Insurance Company; Revises Issuer Credit Rating Outlook to Negative

Retrieved on: 
Wednesday, January 25, 2023

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa” (Superior) of Acuity, A Mutual Insurance Company (Acuity) (Sheboygan, WI).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa” (Superior) of Acuity, A Mutual Insurance Company (Acuity) (Sheboygan, WI).
  • AM Best has revised the outlook to negative from stable for the Long-Term ICR, while the outlook of the FSR 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 Affirms Credit Ratings of Nippon Life Insurance Company and Its Subsidiary

Retrieved on: 
Friday, January 20, 2023

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” (Superior) of Nippon Life Insurance Company (Nissay) (Japan).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” (Superior) of Nippon Life Insurance Company (Nissay) (Japan).
  • Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” (Excellent) of Nippon Life Insurance Company of America (NLB) (West Des Moines, Iowa, USA).
  • 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 specialising in the insurance industry.

Wireless POS Terminal Global Market Report 2022: Sector to Reach $24.8 Billion by 2031 at a 12.5% CAGR

Retrieved on: 
Monday, January 23, 2023

According to the report, "Wireless POS Terminal Market," the wireless POS terminal market was valued at $7.9 billion in 2021, and is estimated to reach $24.8 billion by 2031, growing at a CAGR of 12.5% from 2022 to 2031.

Key Points: 
  • According to the report, "Wireless POS Terminal Market," the wireless POS terminal market was valued at $7.9 billion in 2021, and is estimated to reach $24.8 billion by 2031, growing at a CAGR of 12.5% from 2022 to 2031.
  • However, high integration costs and security risks associated with the wireless POS terminal is restraining the growth of the market.
  • Information about key drivers, restrains, & opportunities and their impact analysis on the global wireless POS terminal size are provided in the report.
  • The quantitative analysis of the global wireless POS terminal from 2022 to 2031 is provided to determine the market potential.

Lumon Promotes Retractable Balcony Glazing Systems for Year-Round Use in Canadian Cities

Retrieved on: 
Tuesday, January 24, 2023

These systems allow spaces to be ‘enclosed’ when it is raining or windy, and completely open when the weather is good.

Key Points: 
  • These systems allow spaces to be ‘enclosed’ when it is raining or windy, and completely open when the weather is good.
  • This is like a convertible car with a retractable top that can be up or down depending on the weather.
  • Like some convertibles which allow tops to be partially opened, retractable panels can also be partially opened.
  • Within the City of Vancouver, the Building Code allows balcony glass systems, but most zones require the area of the balcony to be included in the FSR calculations.

Wireless POS Terminal Global Market Report 2022: Featuring Aures Group, Diebold Nixdorf & Hewlett Packard Enterprise Development - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 19, 2023

According to the report, "Wireless POS Terminal Market," the wireless POS terminal market was valued at $7.9 billion in 2021, and is estimated to reach $24.8 billion by 2031, growing at a CAGR of 12.5% from 2022 to 2031.

Key Points: 
  • According to the report, "Wireless POS Terminal Market," the wireless POS terminal market was valued at $7.9 billion in 2021, and is estimated to reach $24.8 billion by 2031, growing at a CAGR of 12.5% from 2022 to 2031.
  • However, high integration costs and security risks associated with the wireless POS terminal is restraining the growth of the market.
  • Information about key drivers, restrains, & opportunities and their impact analysis on the global wireless POS terminal size are provided in the report.
  • The quantitative analysis of the global wireless POS terminal from 2022 to 2031 is provided to determine the market potential.

AM Best Downgrades Credit Ratings of California Earthquake Authority

Retrieved on: 
Wednesday, January 18, 2023

AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of California Earthquake Authority (CEA) (Sacramento, CA).

Key Points: 
  • AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of California Earthquake Authority (CEA) (Sacramento, CA).
  • The Credit Ratings (ratings) reflect CEA’s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.
  • 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 Aserta Seguros Vida, S.A. de C.V., Grupo Financiero Aserta

Retrieved on: 
Friday, January 13, 2023

Concurrently, AM Best has withdrawn these Credit Ratings (ratings) as the company has requested to no longer participate in AM Best’s interactive rating process.

Key Points: 
  • Concurrently, AM Best has withdrawn these Credit Ratings (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 is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.