AM Best Affirms Credit Ratings of Bahrain Kuwait Insurance Company B.S.C. AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Bahrain Kuwait Insurance Company B.S.C. (GIG Bahrain) and its…
AM Best Assigns Credit Rating to Liberty Mutual Group’s New Senior Unsecured Notes AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb” (Good) to the EUR 750 million, 3.875% senior unsecured notes, due 2035, issued by Liberty…
Built on founding belief in affordable, accessible coverage, refreshed brand reflects SBLI’s continued purpose of offering “Simply Better Life Insurance.” SBLI (The Savings Bank Mutual Life Insurance Company of Massachusetts), a mutual life insurance company trusted by generations of families…
HDI Global USA Names Todd Spight as Chief Information Security Officer HDI Global Insurance Company (HGIC), the U.S. carrier of international Corporate & Specialty insurer HDI Global (HDI), today announced that Todd Spight has joined the company as its new…
Future Family Appoints Alden Romney as CEO, Claire Tomkins as Executive Chair Future Family, the leading platform for fertility financing and insurance, today announced the appointment of Alden Romney as Chief Executive Officer and Founder Claire Tomkins, PhD, as Executive…
AM Best Upgrades Outlook on Singapore Reinsurance Corporation Limited’s Issuer Credit Rating to Positive AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A…
Credit Ratings for Ally Insurance Group Members Affirmed by AM Best AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) for the members of Ally Insurance Group (Ally Insurance). The…
AM Best Revises Forestry Mutual Insurance Company’s Outlook to Negative AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Forestry Mutual…
Latin American Credit Ratings Strengthened by Robust Market Fundamentals AM Best-rated insurers across Latin America experienced more Long-Term Issuer Credit Rating (Long-Term ICR) upgrades than downgrades in 2024, with the majority of those upgrades occurring in the region’s more mature…
AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of “aa+” (Superior) of Guardian Life Insurance Company of America (Guardian Life) (New York, NY) and its core subsidiaries, The Guardian Insurance & Annuity…
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of COSCO SHIPPING Captive Insurance Co., Ltd. (COSCO SHIPPING Captive) (China). The outlook of these Credit Ratings (ratings) is stable. The…
Total U.S. surplus lines direct premiums written (DPW) reached another record level at nearly $130 billion with a year-over-year increase of 12.3%, notching the seventh straight year of double-digit premium growth for non-admitted insurers, according to a new AM Best report. The Best’s…
