ALL

AM Best Assigns Credit Ratings to Vantage Risk Assurance Company

Retrieved on: 
Thursday, March 31, 2022
Insurance, Professional Services, AM, Credit, Risk management, VRAC, ALL, Industry, AM Best, News, Insurance, Acquisition

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Credit Rating of a- (Excellent) to Vantage Risk Assurance Company (VRAC) (Topeka, KS).

Key Points: 
  • AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Credit Rating of a- (Excellent) to Vantage Risk Assurance Company (VRAC) (Topeka, KS).
  • The ratings reflect VRACs balance sheet strength, which AM Best assesses as very strong, as well as its adequate 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 Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Assigns Credit Ratings to Wilton Re Overseas Limited

Retrieved on: 
Thursday, March 31, 2022
Insurance, Professional Services, AM, CPP, CPP Investment Board, Growth, Credit, Insurance, Superior, Risk management, ALL, Industry, WROL, AM Best, Investment, Time, Solution, News, Business, Acquisition

AM Best has assigned a Financial Strength Rating of A+ (Superior) and a Long-Term Issuer Credit Rating of aa- (Superior) to Wilton Re Overseas Limited (WROL) (Bermuda).

Key Points: 
  • AM Best has assigned a Financial Strength Rating of A+ (Superior) and a Long-Term Issuer Credit Rating of aa- (Superior) to Wilton Re Overseas Limited (WROL) (Bermuda).
  • The outlook assigned to 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 Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Withdraws Credit Ratings of Digital Edge Insurance Company and Digital Affect Insurance Company

Retrieved on: 
Thursday, March 31, 2022
Insurance, Professional Services, AM, Credit, Superior, FSR, ALL, Industry, Data, AM Best, News, Insurance, Risk management

AM Best has withdrawn the Financial Strength Ratings (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of aa (Superior) of Digital Edge Insurance Company and Digital Affect Insurance Company (both headquartered in Burlington, VT).

Key Points: 
  • AM Best has withdrawn the Financial Strength Ratings (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of aa (Superior) of Digital Edge Insurance Company and Digital Affect Insurance Company (both headquartered in Burlington, VT).
  • The ratings were withdrawn upon notification from the companies that they are now shell companies that do not bear insurance risk.
  • For additional information regarding the use and limitations of Credit Rating 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 Withdraws Credit Ratings of Noor Takaful Family PJSC

Retrieved on: 
Thursday, March 31, 2022
Banking, Professional Services, Insurance, Finance, Risk, AM, Credit, DAT, PJSC, FSR, ALL, Industry, Review, NTF, AM Best, United Arab Emirates, News, Return on equity, National Takaful Company, Insurance, Risk management, Watania

AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of B (Fair) and the Long-Term Issuer Credit Rating (Long-Term ICR) of bb (Fair) of Noor Takaful Family PJSC (NTF) (United Arab Emirates).

Key Points: 
  • AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of B (Fair) and the Long-Term Issuer Credit Rating (Long-Term ICR) of bb (Fair) of Noor Takaful Family PJSC (NTF) (United Arab Emirates).
  • Concurrently, AM Best has withdrawn these Credit Ratings as the company has requested to no longer participate in AM Bests interactive rating 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 use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Withdraws Credit Ratings of Noor Takaful General PJSC

Retrieved on: 
Thursday, March 31, 2022
Insurance, Professional Services, Risk, AM, NTG, Credit, DAT, PJSC, FSR, ALL, Industry, Review, AM Best, United Arab Emirates, News, National Takaful Company, Insurance, Risk management, Watania

AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of B (Fair) and the Long-Term Issuer Credit Rating (Long-Term ICR) of bb (Fair) of Noor Takaful General PJSC (NTG) (United Arab Emirates).

Key Points: 
  • AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of B (Fair) and the Long-Term Issuer Credit Rating (Long-Term ICR) of bb (Fair) of Noor Takaful General PJSC (NTG) (United Arab Emirates).
  • Concurrently, AM Best has withdrawn these Credit Ratings (ratings) as the company has requested to no longer participate in AM Bests interactive rating 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 use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Affirms Credit Ratings of Adamjee Insurance Company Limited

Retrieved on: 
Thursday, March 31, 2022
Professional Services, Insurance, Finance, Risk, Life, AM, Credit, Insurance, Risk management, Adamjee, ALL, Industry, AM Best, United Arab Emirates, Takaful, PKR, Income, News, Maintenance, History

AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of bb+ (Fair) of Adamjee Insurance Company Limited (Adamjee) (Pakistan).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of bb+ (Fair) of Adamjee Insurance Company Limited (Adamjee) (Pakistan).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, 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 specialising in the insurance industry.

AM Best Affirms Credit Ratings of Kuwait Insurance Company S.A.K.P.

Retrieved on: 
Thursday, March 31, 2022
Insurance, Professional Services, Life, AM, USD, Credit, KIC, Risk management, ALL, Industry, AM Best, News, KD, Insurance

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Kuwait Insurance Company S.A.K.P.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Kuwait Insurance Company S.A.K.P.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, 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 specialising in the insurance industry.

AM Best Assigns Credit Ratings to Axeria IARD

Retrieved on: 
Thursday, March 31, 2022
Insurance, Professional Services, AM, Credit, Risk management, ALL, Industry, AM Best, Union, News, Insurance

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent) to Axeria IARD (Axeria) (France).

Key Points: 
  • AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent) to Axeria IARD (Axeria) (France).
  • The outlook assigned to 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 use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Assigns Credit Ratings to Tokio Marine Canada Ltd.

Retrieved on: 
Thursday, March 31, 2022
Insurance, Professional Services, AM, ERM, Credit, ALL, TMC, Industry, CAD, AM Best, News, Insurance, Risk management

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent) to Tokio Marine Canada Ltd. (TMC) (Toronto, ON).

Key Points: 
  • AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent) to Tokio Marine Canada Ltd. (TMC) (Toronto, ON).
  • The outlook assigned to 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 Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Places Credit Ratings of National Takaful Company (Watania) PJSC Under Review With Negative Implications

Retrieved on: 
Thursday, March 31, 2022
Other Professional Services, Professional Services, Insurance, AM, Credit, DAT, ALL, Industry, Review, AM Best, News, Insurance, Risk management, Watania

The under review with negative implications status reflects DATs weaker credit fundamentals and the potential negative impact the transaction may have on Watania's prospective credit fundamentals.

Key Points: 
  • The under review with negative implications status reflects DATs weaker credit fundamentals and the potential negative impact the transaction may have on Watania's prospective credit fundamentals.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, 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 specialising in the insurance industry.