Best’s Briefing: Catastrophe-Ridden 2017 Could Drive Global Re Sector’s Profitability Level to Six-Year Low

OLDWICK, N.J.--(BUSINESS WIRE)--A catastrophe-ridden 2017 could drive the overall profitability level for A.M. Best’s composite of global reinsurers to a six-year low, according to a new Best’s Briefing. The briefing, titled, “Global... Read more »

A.M. Best Assigns Issue Credit Ratings to Anthem, Inc.’s Forthcoming Senior Unsecured Notes

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has assigned Long-Term Issue Credit Ratings of “bbb+” to the forthcoming $900 million 2.5% senior unsecured notes due 2020, the $750 million 2.95% senior unsecured notes due 2022,... Read more »

KBRA Assigns Preliminary Ratings to CCUBS 2017-C1

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 15 classes of CCUBS 2017-C1 (see ratings list below), a $696.7 million CMBS conduit transaction... Read more »

KBRA Assigns Preliminary Ratings to Progress Residential 2017-SFR2

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has assigned preliminary ratings to six classes of Progress Residential 2017-SFR2 (Progress 2017-SFR2) single-family rental pass-through certificates. Progress 2017-SFR2 is a single-borrower, s... Read more »

KBRA Assigns Preliminary Ratings to CSAIL 2017-CX10

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 15 classes of CSAIL 2017-CX10 (see ratings list below), a $855.3 million CMBS conduit transaction... Read more »

KBRA Assigns Preliminary Ratings to WFCM 2017-C41

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 15 classes of the WFCM 2017-C41 transaction (see ratings list below). WFCM 2017-C41 is a... Read more »

KBRA Releases Rating Report for MB Financial, Inc. and MB Financial Bank, N.A.

NEW YORK--(BUSINESS WIRE)--On November 7, 2017, Kroll Bond Rating Agency (KBRA) assigned a senior unsecured debt rating of A-, subordinated debt rating of BBB+, preferred stock rating of BBB and a short-term... Read more »

A.M. Best Affirms Credit Ratings of Pacífico Compañía de Seguros y Reaseguros S.A.

MEXICO CITY--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Pacífico Compañía de Seguros y Reaseguros S.A.... Read more »

KBRA Assigns Preliminary Ratings to Upstart Securitization Trust 2017-2

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes issued by Upstart Securitization Trust 2017-2 (“UPST 2017-2”). This is a $175.059 million consumer loan ABS transaction... Read more »

KBRA Assigns AA+/Stable Rating on the State of Wisconsin General Obligation Bonds of 2017 Series B

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has taken rating actions to the following State of Wisconsin Bonds. Ratings       Issuer:                     State of Wisconsin Series/Bond     Rating   Outlook... Read more »