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EIM’s rating outlook upgraded to positive
11 May 2018
New Jersey Reporter Ned Holmes

A.M. Best has revised the outlook for the long term issuer credit rating of Energy Insurance Mutual from stable to positive

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National Grid captive ratings affirmed
11 May 2018
London Reporter Ned Holmes

National Grid Insurance has had its financial strength rating of A (Excellent) and the long term issuer credit rating of “a” affirmed by A.M. Best

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Brazilian captive ratings affirmed
10 May 2018
New Jersey Reporter Ned Holmes

Brazilian insurer J.Malucelli Seg and its captive reinsurer J.Malucelli Re have had their financial strength ratings of A- (Excellent) and long term issuer credit ratings of “a-” affirmed by AM Best

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Palms ‘excellent’ ratings affirmed
25 April 2018
New Jersey Reporter Ned Holmes

Ratings agency A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” of Palms Insurance Company

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BNY Mellon captives ratings affirmed
19 April 2018
New Jersey Reporter Ned Holmes

A.M. Best has affirmed the financial ratings of A (Excellent) and the long-term issuer credit ratings of “a+” of BNY Trade Insurance and The Hamilton Insurance Corporation

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Pfizer captive ratings affirmed
18 April 2018
New Jersey Reporter Ned Holmes

Pfizer’s captive insurance company, Blue Whale Re, has had its financial strength rating of A (Excellent) and its long-term issuer credit rating (long-term ICR) of “a+” affirmed by A.M. Best

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Rating of Redding Funding secured notes affirmed
13 April 2018
New Jersey Reporter Ned Holmes

A.M. Best has affirmed the long-term issuer credit rating of “a+” on the initial $1.2 billion of 5.75 percent secured notes issued by Redding Funding, a wholly owned subsidiary of Wilton Re

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