KBRA Comments on National Commerce Corporation’s Acquisition of FirstAtlantic Financial Holdings, Inc.

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has released a comment on National Commerce Corporation’s acquisition of FirstAtlantic Financial Holdings, Inc. The comment makes the following key points: Birmingham, Alabama based National... Read more »

A.M. Best Affirms Credit Ratings of China BOCOM Insurance Company Limited

HONG KONG--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of China BOCOM Insurance Company Limited (CBIC) (Hong Kong). The outlook... Read more »

A.M. Best Assigns Issue Credit Rating to Manulife Financial Corporation’s Subordinated Notes Offering

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has assigned a Long-Term Issue Credit Rating of “bbb+” to the recently announced CAD 750 million 3.049% subordinated notes due 2029 of Manulife Financial Corporation (MFC) (Toronto, Canada).... Read more »

A.M. Best Affirms Credit Ratings of MAPFRE PRAICO Group Members

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” of MAPFRE PRAICO Insurance Company and its affiliate, MAPFRE Pan American... Read more »

A.M. Best Affirms Credit Ratings of Associated Electric & Gas Insurance Services Limited

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Associated Electric & Gas Insurance Services Limited (AEGIS) (Hamilton, Bermuda).... Read more »

A.M. Best Affirms Credit Ratings of Electric Insurance Company and Its Subsidiary

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of "a+" of Electric Insurance Company (Electric) (Beverly, MA) and its wholly owned... Read more »

A.M. Best Affirms Credit Ratings of TDC Insurance Company Limited

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of TDC Insurance Company Limited (TDCIC) (Basseterre, St. Kitts and Nevis).... Read more »

Best’s Special Report: U.S. Property/Casualty Industry Sustains Favorable Rating Activity in First-Half 2017

OLDWICK, N.J.--(BUSINESS WIRE)--Credit rating activity for the U.S. property/casualty (P/C) industry in the first half of 2017 was favorable, with upgrades outpacing downgrades. Nearly one-third of the 2017 upgrades were driven by... Read more »

A.M. Best Revises Under Review Status to Negative for Credit Ratings of TOWER Insurance Limited and TOWER Limited

SINGAPORE--(BUSINESS WIRE)--A.M. Best has revised the implications of the under review status to negative from developing for the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR)... Read more »

A.M. Best Affirms Credit Ratings of Members of Ally Insurance Group

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” of the members of the Ally Insurance Group (Ally Insurance). The... Read more »