A.M. Best Downgrades Ratings of Argus Group Holdings Limited's Subsidiaries; Assigns Issuer Credit Rating to Argus Group Holding Limited Jul 2, 2009 03:55PM

OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has downgraded the financial strength rating (FSR) to A- (Excellent) from A (Excellent) and assigned issuer credit ratings (ICR) of "a-" to Argus Group Holdings Limited's (AGH) (BSE: AGH.BH) subsidiaries, Argus Insurance Company Limited (AICL), Somers Isle Insurance Company Limited (SIIC) and Bermuda Life Insurance Company Limited (BLIC). The outlook for the FSR has been revised to negative from stable, while the outlook for the ICRs is negative. Concurrently A.M. Best has assigned an ICR of "bbb-" to AGH with a negative outlook. All companies are ...


A.M. Best Affirm Ratings of BF&M Life Insurance Company Limited and BF&M General Insurance Company Limited Jul 2, 2009 03:55PM

OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has affirmed the financial strength ratings (FSR) of A (Excellent) and issuer credit ratings (ICR) of "a" of BF&M Life Insurance Company Limited (BF&M Life) and BF&M General Insurance Company Limited (BF&M General) (both of Hamilton, Bermuda). A.M. Best also has withdrawn the FSR of A (Excellent) and adjusted the ICR to "bbb" from "a" of the group's holding company, BF&M Limited (Hamilton, Bermuda). The outlook for all ratings is stable. A.M. Best's financial strength rating is defined as an independent ...


A.M. Best Affirms Ratings of Colonial Group International Ltd's Operating Subsidiaries Jul 2, 2009 03:55PM

OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has affirmed the financial strength ratings (FSR) of A- (Excellent) and issuer credit ratings (ICR) of "a-" of the life/health and property/casualty operating subsidiaries of Colonial Group International Ltd (Colonial Group) (Bermuda). The outlook for all ratings is stable. Colonial Group is a wholly owned intermediate holding company of Edmund Gibbons Limited, the ultimate parent company based in Bermuda. (See below for a detailed listing of the companies and ratings.) A.M. Best also has withdrawn the FSR and ICR of Colonial Group. The ...


A.M. Best Affirms Ratings of RBC Insurance Group's Members Jul 2, 2009 03:23PM

OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has affirmed the financial strength ratings of A (Excellent) and issuer credit ratings of "a" of the life/health members of RBC Insurance Group (RBC Insurance): RBC Life Insurance Company (RBC Life) (Mississauga, Ontario) and the U.S. life insurance entity, Liberty Life Insurance Company (Liberty Life) (Greenville, SC). The outlook for all ratings is stable. RBC Life's ratings reflect its strong risk-adjusted capitalization, generally increasing premium trends, as well as the overall strength and stability of RBC Insurance. RBC Life is the Canadian life insurance ...


Best's Review's Insurance Broker Ranking Shows Aon, Marsh at the Top, Shifting Lineup Jul 2, 2009 03:12PM

OLDWICK, N.J.--(BUSINESS WIRE)-- Despite the downturn in the economy, the multibillion dollar global insurance brokerage business held steady, for the most part, in terms of brokerage revenues in 2008. Best's Review's annual Top Global Insurance Broker ranking reports Aon Corp. as the No. 1 global broker with $6.2 billion in brokerage revenues. No. 2 is Marsh Inc. with $4.5 billion in brokerage revenues. Rounding out the top five are Willis Group Holdings Ltd., Arthur J. Gallagher & Co. and Jardine Lloyd Thompson Group plc. The ...


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Jun 30, 2009 09:33AM A.M. Best Upgrades Ratings American Inter-Fidelity Exchange
Jun 29, 2009 05:35PM Energi Announces Formation of Energi Excess Casualty
Jun 29, 2009 04:16PM A.M. Best's 2009 E-Fusion Award Competition Is Open for Entry
Jun 29, 2009 03:09PM BestWeek Asia/Pacific: Financial Crisis May Open New Markets for Insuring Small to Medium Enterprises
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Jun 29, 2009 02:54PM A.M. Best Assigns Indicative Rating to Sun Life Financial Inc.'s Senior Unsecured Debt Offering
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Jun 29, 2009 01:37PM State Auto to Offer Flood Insurance
Jun 29, 2009 12:19PM A.M. Best Insurance Law Podcast Examines the Financial Crisis' Impact on Claims
Jun 29, 2009 12:01PM A.M. Best Comments on Ratings of IPC Holdings Ltd. and Its Subsidiaries
Jun 29, 2009 11:59AM A.M. Best Names Washington News Bureau Manager
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Jun 29, 2009 11:26AM A.M. Best Assigns Indicative Debt Ratings to Torchmark Corporation's Shelf Registration
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Jun 29, 2009 10:18AM A.M. Best Affirms Ratings of Bank of Montreal Insurance (Barbados) Limited
Jun 26, 2009 04:10PM BestWeek: Recession a Bane and a Boon to Workers' Comp Writers
Jun 26, 2009 04:00PM RLI 2nd Quarter Earnings Release Teleconference
Jun 26, 2009 03:05PM A.M. Best Removes From Under Review the Ratings of Four Trust Preferred CDO Transactions
Jun 26, 2009 11:33AM A.M. Best Special Report: Life/Annuity Companies Adjust to Volatile Markets
Jun 26, 2009 09:52AM Urban League's Camp Atwater kicks off 88th year of fun in the sun
Jun 25, 2009 02:00PM Great American Insurance Group's Ocean Marine Division Introduces Clean Marina Endorsement
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Jun 24, 2009 04:47PM Meadowbrook Insurance Group, Inc. Announces Affirmation of A- (Excellent) A.M. Best Rating
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Jun 24, 2009 04:11PM A.M. Best Affirms Ratings of Mitsui Sumitomo Insurance Company Limited and Its U.S. Subsidiaries
Jun 24, 2009 04:04PM A.M. Best Assigns Ratings to CastlePoint Florida Insurance Company
Jun 24, 2009 04:01PM A.M. Best Downgrades Ratings of Gulf Insurance Limited; Places Under Review With Negative Implications
Jun 24, 2009 03:46PM A.M. Best Revises Outlook to Positive for Doctors Company Insurance Group and Its Members
Jun 24, 2009 03:41PM A.M. Best Affirms Ratings of Markel Corporation and Its Domestic Subsidiaries
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Jun 24, 2009 03:15PM Former State Auto Chairman Dies at Age 81
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Jun 24, 2009 11:41AM A.M. Best Insurance Law Podcast Discusses the Impact of Florida Legislature on Property Insurance Law
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Jun 24, 2009 10:56AM A.M. Best Upgrades Ratings of Pacific Indemnity Insurance Company
Jun 24, 2009 10:22AM A.M. Best Affirms Ratings of Operating Subsidiaries of Triple-S Management Corporation
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