AM Best Changes Outlook to Stable for Merchants Mutual Insurance Company and Its Subsidiaries On May 1, 2025, AM Best revised the outlooks for Merchants Mutual Insurance Company and its subsidiaries, Merchants National Insurance Company and Merchants Preferred Insurance Company,…
AM Best Reaffirms Credit Ratings for Tower Limited, Highlights Strong Capital Position and Positive Outlook AM Best has reaffirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) for Tower…
FRMO Corp. Releases Q3 2025 Earnings and Sets Conference Call Date FRMO Corp. (OTC Pink: FRMO) has released its financial results for the third quarter of fiscal year 2025, ending February 28, 2025. The company reported a total book value…
AM Best Revises AXA Mansard’s Outlook to Negative Amid Macroeconomic Pressures in Nigeria AM Best, the global credit rating agency focused on the insurance industry, has revised the outlooks of AXA Mansard Insurance Plc, a leading Nigerian composite insurer, from…
AM Best Affirms Credit Ratings of Pie Insurance and Pie Casualty AM Best has officially removed Pie Insurance Group from its previous under-review status, which carried negative implications, and has reaffirmed the Financial Strength Rating (FSR) of A- (Excellent) along…
The Baldwin Group Secures $110M Note Purchase for New Insurance Exchange The Baldwin Group, operating under the brand name The Baldwin Insurance Group, Inc. (NASDAQ: BWIN), has officially announced a significant financial development in its ongoing expansion efforts. The company…
AM Best Reaffirms Credit Ratings for Summit Insurance Company Limited AM Best has reaffirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (ICR) of “a-” (Excellent) for Summit Insurance Company Limited (Summit), headquartered in…
Protective and Resolution Life Enter $9.7B Strategic Reinsurance Agreement Protective Life Corporation (“Protective”), a U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), has announced the signing of a major strategic reinsurance agreement with Resolution Life, a global insurance group known…
Rivonia Road Capital Extends $50 Million Credit Facility to Insurance Commission Advance Provider Rivonia Road Capital LLC (“Rivonia”) is pleased to announce the successful closing of a $50 million senior secured revolving credit facility for a leading provider of commission…
AM Best Upgrades Outlook to Positive for Grange Insurance Group Members AM Best has recently revised the outlooks for Grange Insurance Group (Grange) from stable to positive, signifying an improvement in the company’s overall financial and operational performance. Additionally, AM…
Q1 2025 Insurance Labor Market Study Shows Continued Stability The latest iteration of the Semi-Annual U.S. Insurance Labor Market Study, conducted by The Jacobson Group, a premier provider of talent solutions for the insurance industry, and Aon plc (NYSE: AON),…
AM Best Confirms Credit Ratings for Fidelis Insurance Holdings Limited and Its Subsidiaries AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) for Fidelis Insurance Bermuda Limited…
