A.M. Best has downgraded American Transportation Group Insurance Risk Retention Group’s financial strength rating to C++ (Marginal) from B and the Long-Term Issuer Credit Rating to “b” from “bb”
US health insurers will receive an increase in both the number of claims related to the COVID-19 pandemic, as well as a rise in the severity of claims, according to A.M. Best
A.M. Best has revealed it is developing stress testing to conduct on its rated insurance companies’ balance sheets
The firm said this step marks the “natural evolution” of its product offerings and capabilities
A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” of NiSource Insurance Corporation
A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” of ICM Assurance
A.M. Best has affirmed the financial strength rating of “B++” (Good) and the long-term issuer credit rating of “bbb+” of AES Global Insurance Company
A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” of Park Assurance Company