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Fitch Ratings affirms Credit Agricole captives
01 October 2020
Frankfurt Reporter Becky Bellamy

The ratings reflect Fitch’s view that CAA and CAR are core captive companies of Credit Agricole, and that its regional banks will provide support to the core captive insurance subsidiaries if needed

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A.M. Best affirms SCOR’s ratings
28 September 2020
Amsterdam Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of ‘A+’ and its long-term issuer credit rating of “aa-” of SCOR SE, a global reinsurance company, and its main operating subsidiaries

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Cosco Shipping captive has ‘excellent’ ratings affirmed
18 September 2020
Hong Kong Reporter Becky Bellamy

A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” of Cosco Shipping Captive Insurance Company, located in China

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A.M. Best affirms credit ratings of Fortegra Financial Corporation’s insurance subsidiaries
17 September 2020
New Jersey Reporter Becky Bellamy

A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit ratings of “a-” of the US-based operating subsidiaries of Fortegra Financial Corporation

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Lufthansa captive receives rating downgrade
01 September 2020
Amsterdam Reporter Maria Ward-Brennan

A.M. Best has downgraded the financial strength rating to A- from A and the long-term issuer credit rating to “a-” from “a” of Delvag Versicherungs-AG, based in Germany

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Maxseguros EPM captive ratings affirmed
27 August 2020
Mexico City Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-” of Maxseguros EPM, based in Bermuda

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BP’s captive ratings affirmed
06 August 2020
London Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating and the long-term issuer credit rating of Saturn Insurance Inc. and Jupiter Insurance Limited

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