Regional Rating Services Updates

The following press releases feature information regarding the Europe, Middle East & Africa marketplace.

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AM Best Affirms Credit Ratings of Halyk Insurance Company of Halyk Bank of Kazakhstan, JSC : AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Halyk Insurance Company of Halyk Bank of Kazakhstan, JSC (Halyk Insurance) (Kazakhstan). The outlook of these...
Date: December 6, 2019
AM Best Affirms Credit Ratings of Jubilee General Insurance Company Limited : AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Jubilee General Insurance Company Limited (Jubilee) (Pakistan). The outlook of these Credit Ratings (ratings)...
Date: December 6, 2019
AM Best Affirms Credit Ratings of StarStone Insurance Bermuda Limited and its Subsidiaries : AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of StarStone Insurance Bermuda Limited (StarStone) (Bermuda) and its subsidiaries, StarStone Insurance SE (L...
Date: December 6, 2019
AM Best Affirms Credit Ratings of Legal & General Group Plc and Legal and General Assurance Society Limited : AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” of the non-operating holding company, Legal & General Group Plc (L&G) (United Kingdom). Concurrently, AM Best has affirmed the Financial Strength ...
Date: December 6, 2019
AM Best Affirms Credit Ratings of Sigurd Rück AG : AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Sigurd Rück AG (Sigurd) (Switzerland). The outlook of these Credit Ratings (ratings) remains stable. The...
Date: December 6, 2019
Best’s Market Segment Report: AM Best Maintains Global Reinsurance Market Outlook at Stable : AM Best has maintained a market segment outlook of stable on the global reinsurance industry for 2020, citing a stabilized pricing environment—albeit at levels below long-term adequacy—the continuing alignment between traditi...
Date: December 6, 2019
AM BestTV: Roles of Brokers, Underwriters Are ‘Blurring,’ Says AM Best Senior Director : In this AMBestTV episode, Catherine Thomas, senior director of analytics, AM Best, said the roles of brokers and underwriters are blurring in the London market as participants look to improve efficiency and drive down costs. ...
Date: December 5, 2019
AM Best Affirms Credit Ratings of The Bahrain National Insurance Company BSC (c) : AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” of The Bahrain National Insurance Company BSC (c) (BNI) (Bahrain). The outlook of these Credit Ratings (ratings...
Date: December 5, 2019
AM Best Assigns Issue Credit Ratings to Chubb INA Holdings Inc.’s Senior Unsecured Notes : AM Best has assigned the Long-Term Issue Credit Rating (Long-Term IR) of “a+” to Chubb INA Holdings Inc.’s (Chubb) (Delaware) recently announced EUR 700 million 0.300% senior unsecured notes due 2024 and EUR 700 million 0.875...
Date: December 3, 2019
AM Best Affirms Credit Ratings of Hiscox Ltd 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+” of Hiscox Insurance Company (Bermuda) Limited (Hiscox Bermuda), Hiscox Insurance Company Limi...
Date: November 27, 2019
AM Best Affirms Credit Ratings of Société Centrale de Réassurance : AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Société Centrale de Réassurance (SCR) (Morocco). The outlook of these Credit Ratings (ratings) is stable. ...
Date: November 27, 2019
Best’s Market Segment Report: Rated Bermuda, Cayman Islands and Barbados Captives Steadily Navigate Market Cycles : The operating results of captive insurance companies AM Best rates in Bermuda, Cayman Islands and Barbados continue to outperform the segment’s counterparts in the commercial casualty sector, and in 2018, a new milestone was ...
Date: November 26, 2019
AM Best Revises Outlooks to Positive for AzRe Reinsurance, OJSC : AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of AzRe Reinsurance, OJSC (AzRe) (Azerbaijan). The revision ...
Date: November 22, 2019
AM Best Revises Outlooks to Negative for Sirius International Insurance Group, Ltd. and Main Rated Subsidiaries : AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Rating (Long-Term ICR) of “a” of Sirius Bermuda Insurance Company Ltd. (Sirius B...
Date: November 21, 2019
AM Best Affirms Credit Ratings of CVS Health Corporation’s Aetna Subsidiaries : AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” of Aetna Life Insurance Company (ALIC) (Hartford, CT) and the other operating entities o...
Date: November 21, 2019
Best’s Market Segment Report: European Captives 2019 – Building Block Rating Considerations : AM Best’s European captive ratings have been stable through the past year, with all of the ratings affirmed and their stable outlooks maintained. Typically, they fulfil the majority of their parent organisation’s insurance ne...
Date: November 21, 2019
AM Best Affirms Credit Ratings of Folgate Insurance Company Limited : AM Best has affirmed the Financial Strength Rating (FSR) of B (Fair) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bb+” of Folgate Insurance Company Limited (Folgate) (United Kingdom). The outlook of these Credit...
Date: November 21, 2019
AM Best Comments on Credit Ratings of Mitsui Sumitomo Ins. Co., Ltd. and Its US Subs., MS Amlin AG and Lloyd’s Syndicate 2001 : AM Best has commented that the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa” of Mitsui Sumitomo Insurance Company, Limited (MSI) (Japan) remain unchanged follo...
Date: November 20, 2019
AM Best Affirms Credit Ratings of Zavarovalnica Triglav d.d. and Pozavarovalnica Triglav Re, d.d. Ljubljana : AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Zavarovalnica Triglav d.d. (Triglav), the operating holding company of the Triglav group, and Pozavarovalnic...
Date: November 19, 2019
AM BestTV: Europe Reveals an Insurance Industry Adapting to Non-Stop Change, Say Execs at AM Best Briefing : In this AMBestTV episode, attendees to AM Best’s Insurance Market Briefing - Europe, held in London, said the ongoing evolution of Lloyd’s, insurance technology and regulatory frameworks are building a culture that is learnin...
Date: November 18, 2019

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