AFIC

AM Best Revises Outlooks to Stable for American Federated Life Insurance Company; Affirms Credit Ratings of American Federated Insurance Company

Retrieved on: 
Thursday, August 31, 2023

Concurrently, AM Best has affirmed the FSR of B (Fair) and the Long-Term ICR of “bb” (Fair) of American Federated Insurance Company (AFIC).

Key Points: 
  • Concurrently, AM Best has affirmed the FSR of B (Fair) and the Long-Term ICR of “bb” (Fair) of American Federated Insurance Company (AFIC).
  • Both companies are known collectively as American Federated Insurance Companies and are domiciled in Flowood, MS.
  • The ratings also reflect drag from the parent holding company, First Tower Finance Company LLC (First Tower Finance).
  • The American Federated Insurance Companies are indirect, wholly owned subsidiaries of First Tower Finance, a multiline specialty finance company.

AM Best Revises Outlooks to Stable for American Federated Insurance Company, Affirms Credit Ratings of American Federated Life Insurance Company

Retrieved on: 
Thursday, August 25, 2022

Concurrently, AM Best has affirmed the FSR of B (Fair) and the Long-Term ICR of bb (Fair) of American Federated Life Insurance Company (AFLIC).

Key Points: 
  • Concurrently, AM Best has affirmed the FSR of B (Fair) and the Long-Term ICR of bb (Fair) of American Federated Life Insurance Company (AFLIC).
  • The ratings also reflect drag from the parent holding company, First Tower Finance Company LLC (First Tower Finance).
  • The American Federated Insurance Companies are indirect, wholly owned subsidiaries of First Tower Finance, a multiline specialty finance company.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

AXA XL appoints Gabriel Okolski as Senior Underwriter, Political Risk, Credit & Bond, Americas

Retrieved on: 
Friday, April 8, 2022

WASHINGTON, April 8, 2022 /PRNewswire/ --AXA XL's Political Risk, Credit & Bond (PRCB) business has appointed Gabriel Okolski as Senior Underwriter, Americas.

Key Points: 
  • WASHINGTON, April 8, 2022 /PRNewswire/ --AXA XL's Political Risk, Credit & Bond (PRCB) business has appointed Gabriel Okolski as Senior Underwriter, Americas.
  • Commenting, Mr. Abramson said: "Gabriel brings extensive experience in credit analysis and structuring and deep expertise and broad relationships in the aviation finance sector.
  • He will be a great asset to our growing team of political risk and credit insurance experts here in D.C."
    In his role, Mr. Okolski is responsible for new business production, underwriting and client and broker relationships.
  • Mr. Okolski joins AXA XL from Marsh where he served as Senior Vice President, Credit and Financial Analyst, working exclusively on the Aircraft Finance Insurance Consortium (AFIC) program for close to five years.

Trendlines Invests in Agri-Fintech Company AgriG8

Retrieved on: 
Monday, January 10, 2022

MISGAV, Israel and SINGAPORE, Jan. 10, 2022 /PRNewswire/ -- The Trendlines Group Ltd. ("Trendlines") , is pleased to announce that its fund, The Trendlines Agrifood Fund Pte.

Key Points: 
  • MISGAV, Israel and SINGAPORE, Jan. 10, 2022 /PRNewswire/ -- The Trendlines Group Ltd. ("Trendlines") , is pleased to announce that its fund, The Trendlines Agrifood Fund Pte.
  • Ltd., has invested in AgriG8 Pte Ltd. ("AgriG8") as its first foray into the thriving agri-fintech space.
  • Trendlines invests in and incubates innovation-based medtech and agrifood technology companies to fulfil its mission to improve the human condition.
  • As intensely hands-on investors, Trendlines is involved in all aspects of its portfolio companies from technology development to business building.

AM Best Revises Outlooks to Negative for American Federated Insurance Company and American Federated Life Insurance Company

Retrieved on: 
Friday, August 27, 2021

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Ratings of bb (Fair) of American Federated Insurance Company (AFIC) and American Federated Life Insurance Company (AFLIC).

Key Points: 
  • AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Ratings of bb (Fair) of American Federated Insurance Company (AFIC) and American Federated Life Insurance Company (AFLIC).
  • Both companies are known collectively as American Federated Insurance Companies and are domiciled in Flowood, MS.
  • The ratings also reflect drag from the parent holding company, First Tower Finance Company LLC (First Tower Finance).
  • The American Federated Insurance Companies are indirect, wholly owned subsidiaries of First Tower Finance, a multiline specialty finance company.