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SARRG’s ratings downgraded
21 December 2016
Oldwick, New Jersey Reporter Becky Butcher

A.M. Best has downgraded the financial strength rating of Security America Risk Retention Group (SARRG), based in Burlington, Vermont, from “B++ (Good)” to “B+ (Good)”...

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Ratings affirmed for Nissan captive
13 December 2016
Oldwick, New Jersey Reporter Becky Butcher

A.M. Best has affirmed the financial strength ratings of “A- (Excellent)” and the long-term issuer credit rating of "a-" of Nissan Global Reinsurance (NGRe), the captive insurer of Nissan Motor Company, located in Bermuda...

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‘Excellent’ ratings for Telefonica captive
13 December 2016
London Reporter Becky Butcher

A.M. Best has assigned a financial strength rating of “A- (Excellent)” and a long-term issuer credit rating of “a-” to Nova Casiopea Re (NCRe), the captive reinsurer of Telefonica, a Spanish broadband and telecommunications provider...

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A.M. Best affirms Schlumberger and CNOOC captives
09 December 2016
Oldwick, New Jersey Reporter Becky Butcher

A.M. Best has affirmed the financial strength rating of “A (Excellent)” and the long-term issuer credit rating of “a” of Schlumberger Limited’s captive insurance companies...

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Moody’s upgrades Stein Insurance's outlook
06 December 2016
Sydney Reporter Becky Butcher

Moody’s Investors Service has revised the rating outlook of Stein Insurance Company, the core captive insurance subsidiary BHP Billiton, from negative to stable...

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ASRRG ratings downgraded
01 December 2016
Atlanta Reporter Barney Dixon

A.M. Best has downgraded the American Safety Risk Retention Group (ASRRG), but also revised its outlook upwards to ‘stable’...

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Negative outlook for HAI Group
25 November 2016
Oldwick Reporter Becky Butcher

HAI Group has had its financial strength and long-term issuer credit ratings affirmed, but the outlooks for both have been revised down...

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