AM Best has upgraded the financial strength rating to ‘A-’ (Excellent) from ‘B++’ (Good) of Saipem’s captive reinsurer, Sigurd Rück AG
The result reflects Lloyd's market’s excellent position in the global general (re)insurance market as a leading writer of specialty property and casualty risks
The revision of the outlook to ‘negative’ is driven by the group’s reduction in capital level
AM Best has assigned a financial strength rating of ‘A-’ (Excellent) and a long-term issuer credit rating of ‘a-’ (Excellent) to Cincinnati Equitable Insurance
The group's operational performance drives the positive outlook, as strong underwriting results and investment income contribute to continuous surplus growth
AM Best has revised the outlooks to ‘positive’ from 'stable’ for the National Guaranty Insurance Company of Vermont, Waste Management’s captive.
AM Best has downgraded the financial strength rating to ‘B’ (Fair) from ‘B+’ (Good) of specialist facultative reinsurer Sun Re.
