AM Best
End of Year Review 2025: Corin Underwriting’s Andy Hurrell
Corin Underwriting CEO Andy Hurrell outlines the view a softening market rewards discipline; raises an eyebrow about the number of MGAs doubling down on scale over specialism; and advises rather than reacting to the crowd, back your underwriting judgement.
AM Best upgrades Lloyd’s to A+ and AA-
AM Best has raised the financial strength rating of Lloyd’s to A+ (superior) from A (excellent) and the long-term issuer credit rating to AA- (superior) from A+ (excellent).
AM Best keeps Accredited ratings under review after Onex buy
AM Best has maintained the under review status of fronting business Accredited after the sale to Onex Partners last week.
Folgate rating upgraded after Hadron deal
AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating of Folgate Insurance following its acquisition by US hybrid carrier Hadron.
AM Best keeps Accredited ratings unchanged during sale turmoil
AM Best has confirmed that the A- (Excellent) ratings of R&Q-owned Accredited remain in place but are still under review.
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.
Accelerant’s UK arm awarded ‘excellent’ ratings
Accelerant Insurance UK Limited has been given top tier ratings from credit issuing agency AM Best.
MGA-backer Bridgehaven secures A- rating from AM Best
Bridgehaven CEO Paul Jewell has hailed the business securing a high level rating from AM Best.
AM Best upgrades Aviva ratings
AM Best has upgraded the financial strength rating of Aviva Insurance to A+ (Superior) from A (Excellent).
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.