PayPal Holdings, Inc. (NASDAQ: PYPL) has announced an expanded global strategic partnership with Adyen, a leading financial technology platform for major businesses. Under this enhanced collaboration, Adyen will integrate Fastlane by PayPal into its services for enterprise and marketplace clients…
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) for Seguros Reservas S.A. (Seguros Reservas) (Santo Domingo, Dominican Republic). The outlook for these ratings is stable. These ratings reflect…
AM Best has reaffirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) for International Traders Insurance Co., Ltd. (ITICO) based in the Turks and Caicos Islands, British West Indies. The outlook for…
Dawn Walker, Associate Director of Industry Relations – DUAE at AM Best, recently appeared on the Insurance Nerds’ Assignment of Benefits Podcast, which has been spotlighting Florida’s insurance market, to discuss the current state of the Delegated Underwriting Authority Enterprise…
AM Best has reaffirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (ICR) of “aa-” (Superior) for the operating subsidiaries of Everest Group, Ltd. (Bermuda), collectively known as Everest. Additionally, the Long-Term ICRs of…
AM Best has reaffirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (ICR) of “a-” (Excellent) for Quanta Insurance Company, Inc. (QIC) based in Houston, TX. The outlook for these ratings remains stable. The…
AM Best has continued its under review with negative implications status for the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) for Topa Insurance Company and Dorchester Insurance Company, Ltd., both subsidiaries of…
AM Best has reaffirmed New York Life Insurance Company, New York Life Insurance and Annuity Corporation (NYLIAC), Life Insurance Company of North America (LINA), New York Life Group Insurance Company of NY (NYLGICNY), and NYLIFE Insurance Company of Arizona with…
AM Best has assigned a Performance Assessment (assessment) of PA-4 (Fair) to Edward William Insurance Services LLC (EW) of the United States, with a stable outlook. The assessment highlights EW’s strengths in underwriting capabilities, particularly in the marine yacht coverage…
The European Equity Fund, Inc. (NYSE: EEA) announced today the outcomes of its Annual Meeting of Stockholders convened on June 27, 2024. Both Class I Directors nominated by the Board of Directors, Ms. Hepsen Uzcan and Mr. Christian M. Zügel,…
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) for the property/casualty subsidiaries of The Hanover Insurance Group, Inc. [NYSE: THG], collectively known as The Hanover.…
AM Best has affirmed that the under review with developing implications status for the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) for Accredited Specialty Insurance Company (ASI) (Gilbert, AZ), Accredited…
