Archives for August, 2017

31 Aug

KBRA Assigns BBB Senior Unsecured Debt Rating for Fidelity Financial Corporation

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has assigned a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 for Fidelity Financial Corporation (“the Company”), a bank holding company headquartered in Wichita, Kansas. In addition, KBRA has assigned senior unsecured debt and deposit ratings of BBB+, a subordinated debt rating of BBB, and short-term debt and deposit ratings of K2 for the subsidiary bank, Fidelity Bank. The O
31 Aug

A.M. Best Affirms Credit Ratings of Health Care Service Corporation and Its Subsidiaries; Upgrades Credit Ratings of GHS Insurance Company

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” of Health Care Service Corporation, a Mutual Legal Reserve Company (d/b/a Blue Cross Blue Shield of Illinois/Texas/New Mexico/Oklahoma/Montana) (HCSC) (headquartered in Chicago, IL) and its subsidiaries, HCSC Insurance Services Company (Chicago, IL) and GHS Health Maintenance Organization, Inc. (Tulsa, OK). Concurrently, A.M.
31 Aug

A.M. Best Affirms Credit Ratings of nib nz limited

SINGAPORE--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of nib nz limited (nib nz) (New Zealand). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect nib nz’s strong risk-adjusted capitalization and continued favorable operating performance. The company’s strong risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), is due to its low product risk profile
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