Regional Rating Services Updates

The following press releases feature information regarding the Canada marketplace.

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Best’s Special Report: US Life/Annuity Industry Sees 34% Net Income Increase in 2025 : The U.S. life/annuity industry posted a 34% year-over-year increase in net income to nearly $40 billion in 2025, the largest total in the last five years, according to AM Best. These preliminary results are detailed in a new ...
Date: April 1, 2026
AM Best Affirms Credit Ratings of Fidelity & Guaranty Life Holdings, Inc. and Its Life/Health Subsidiaries : AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Fidelity & Guaranty Life Insurance Company (Des Moines, IA) and Fidelity & Guaranty Life Insura...
Date: March 31, 2026
AM Best Places Credit Ratings of Equitable Holdings, Inc. and Its Subsidiaries Under Review With Developing Implications : AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of Equitable Financial Life Insuran...
Date: March 27, 2026
AM Best Places Credit Ratings of Corebridge Financial Inc.’s Subsidiaries Under Review with Developing Implications : AM Best has placed under review with developing implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) of the subsidiaries of Corebridge Financial...
Date: March 27, 2026
AM Best Affirms Credit Ratings of Allianz SE and Its Rated Subsidiaries : AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of Allianz SE (Allianz) (Germany) and its rated subsidiaries. Concurrently, ...
Date: March 27, 2026
AM Best Affirms Credit Ratings of Great-West Lifeco Inc. and Its Subsidiaries : AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa” (Superior) of The Canada Life Assurance Company (Canada Life) (Winnipeg, Manitoba) and...
Date: March 27, 2026
AM Best Places Credit Ratings of Everest Insurance Company of Canada Under Review With Negative Implications : AM Best has placed under review with negative implications the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of Everest Insurance Company of Canada (Everest Canada) (Ont...
Date: March 25, 2026
AM Best Assigns Credit Ratings to AXA XL Excess & Surplus Lines Insurance Company : AM Best has assigned a Financial Strength Rating of A+ (Superior) and a Long-Term Issuer Credit Rating of “aa” (Superior) to AXA XL Excess & Surplus Lines Insurance Company (Delaware), a subsidiary of AXA S.A. The outlook ass...
Date: March 25, 2026
AM Best Comments on Credit Ratings of The Wawanesa Mutual Insurance Company Following Announced Acquisition of Everest Insurance Company of Canada : AM Best has commented that the Credit Ratings (ratings) of The Wawanesa Mutual Insurance Company (Wawanesa Mutual) (Winnipeg, Manitoba, Canada) remain unchanged following its announcement to acquire Everest Insurance Company ...
Date: March 24, 2026
Best’s Special Report: More Upgrades, Fewer Downgrades for U.S. Life/Health Insurers in 2025 : Rating change activity in the U.S. life/health segment declined overall in 2025, with downgrades for Long-Term Issuer Credit Ratings also decreasing slightly to 6.4% of the segment’s rating actions, compared with the same pri...
Date: March 16, 2026
Best’s Special Report: US Property/Casualty Rating Affirmations Rose in 2025 While Upgrades Outnumbered Downgrades : For the first time in several years, rating upgrades outnumbered downgrades for the U.S. property/casualty (P/C) industry in 2025, driven by the performance within the commercial insurance segment, according to a new report f...
Date: March 16, 2026
AM Best Affirms Credit Ratings of Blumont Annuity Company : AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Blumont Annuity Company (Blumont) (Toronto, Ontario, Canada). The outlook of these Credit Rating...
Date: March 12, 2026
Best’s Special Report: Catastrophe Bond Market Growth Accelerates as Loss Multipliers Compress : A new AM Best report suggests that the insurance-linked securities (ILS) market will continue to grow in 2026, perhaps at a slower rate than last year with investors taking profits instead of redeploying capital in a softenin...
Date: March 9, 2026
AM Best Assigns Issue Credit Rating to Fairfax Financial Holdings Limited Senior Unsecured Notes; Comments on Re-Opened Senior Unsecured Notes : AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “a-” (Excellent) to the recently issued CAD 400 million, 4.4 % senior unsecured notes, due February 2036, of Fairfax Financial Holdings Limited (Fairfax) ...
Date: February 27, 2026
AM Best Revises Outlooks to Positive for Starr International Company, Inc.’s Insurance Subsidiaries : AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the insurance subsidiar...
Date: February 26, 2026
AM Best Affirms Credit Ratings of Primerica, Inc. and Its Subsidiaries : AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of Primerica Life Insurance Company (Nashville, TN) and its affiliates, National ...
Date: February 26, 2026
AM Best Takes Various Credit Rating Actions on Travelers Insurance Company of Canada and The Dominion of Canada General Insurance Company; Affirms Credit Ratings of Definity Financial Corporation : AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating (FSR) to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent)...
Date: February 24, 2026

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