AM Best
AM Best sees positive implications for Folgate rating after Hadron deal
AM Best is reviewing the ratings of Folgate Insurance after the takeover by Hadron, flagging Folgate is expected to be “strategically important” to the US hybrid carrier.
AM Best rates MGA Castel
The organisation said it is the first UK MGA to receive a performance assessment from the rating agency.
Industry braces for "very active few weeks" following Axa vs Wolseley BI ruling
Market experts think the Axa and Corbin & King verdict could spark a chain reaction in the insurance industry, leading to a reopening of claims and renegotiated settlements.
RSA assigned A rating by AM Best following takeover by Intact
The rating service also predicted moderate premium growth for the insurer.
Folgate assigned BB+ rating by A.M. Best
Decision comes as the insurer gears up for UK market return in December.
Ratings agencies give steady response to Aspen sale
Moody’s and S&P declare no change while AM Best begins a review.
The Stats: February 2016
The private car insurance market has been on a mild roller-coaster ride over the last 12 months, according to the Average Premium Index from SSP.
AM Best says M&A activity will continue
Company points to mergers between insurers having an effect on the broker market.
QBE's credit outlook revised to stable
AM Best says move follows series of capital actions to reduce the group’s financial leverage.
Elite Insurance expects to be rated by end of Q2
Provider reversed decision on ratings due to the "demise of other unrated insurers".
AmTrust strikes £56m deal for Sagicor
AmTrust Financial Services is to buy Sagicor Europe (SEL) and Sagicor at Lloyd's for £56m.
AM Best confirms RSA's 'A' rating
RSA has had its ‘A’ rating for financial strength confirmed by AM Best.
QBE maintains rating status despite profit warning
Credit rating agencies Fitch and AM Best have both reaffirmed their ‘excellent’ level ratings on QBE following it announcement on 12 January that group profits would be up to 50% lower than the $1.3bn (£834m) announced in 2010.
Capita appoints new chief of service provision from FSA
Capita Commercial Insurance Services has appointed Greg Carter as director of client services, reporting to Brent Escott, head of the general insurance division.
Fears over reserving raised at AM Best conference
Delegates at the AM Best 2011 Insurance Market Briefing were warned that concern was growing about the adequacy of reserves in the UK non-life company market.
Standard & Poor's man joins insurance consultancy
Insurance consultancy firm Litmus Analysis, has appointed a new partner to the business.
A.M. Best warns of need for rate rises
A.M. Best has warned that UK insurers’ ability to subsidise weak accident-year returns with reserve releases has been reduced and called for corrective pricing.
New credit rating service Litmus Analysis enters the financial market
A new credit ratings analysis service, which aims to clarify how ratings are calculated, has been launched.
Markel's insurance arm gets thumbs up from AM Best
A.M. Best has upgraded the issuer credit rating of Markel International Insurance Company (MIIC)