A.M. Best Removes From Under Review and Upgrades Issuer Credit Rating of Echelon Financial Holdings Inc.

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has removed from under review with positive implications and upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb+” from “bb” of Echelon Financial Holdings Inc. (EFH) [TSX:EFH]... Read more »

A.M. Best Revises Issuer Credit Rating Outlook to Positive for RBC Life Insurance Company

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the... Read more »

Kroll Bond Rating Agency Assigns Long-Term Rating of AA and Stable Outlook to the State of Wisconsin General Obligation Bonds of 2017, Series A

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has assigned a AA long-term rating and Stable Outlook to the State of Wisconsin’s General Obligation Bonds of 2017, Series A (“2017 Bonds”), with an... Read more »

A.M. Best Special Report: Debt Obligations Continue to Increase At Publicly Traded Health Insurers, Yet Interest Coverage Remains Strong

OLDWICK, N.J.--(BUSINESS WIRE)--Long-term debt obligations among a group of 12 publicly traded health insurers have more than tripled over the past decade and collectively totaled $75.4 billion through the third quarter of... Read more »

A.M. Best Affirms Credit Ratings of The National Security Group, Inc. and Its Subsidiaries

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” of National Security Fire and Casualty Company (NSFC).... Read more »

A.M. Best Assigns Issue Credit Rating to The Hartford Financial Services Group, Inc.’s Junior Subordinated Debentures Offering

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has assigned a Long-Term Issue Credit Rating of “bbb” to the recently issued USD $500 million floating rate junior subordinated debentures due 2067 of The Hartford Financial Services... Read more »

A.M. Best Removes from Under Review and Upgrades Credit Ratings of Members of Vantis Life Group; Affirms Credit Ratings of The Penn Mutual Life Insurance Company and Its Subsidiary

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has removed from under review with positive implications and upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term... Read more »

Kroll Bond Rating Agency Assigns Preliminary Ratings to Sequoia Mortgage Trust 2017-3 (SEMT 2017-3)

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to fifty-three classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2017-3 (SEMT 2017-3), a prime jumbo RMBS transaction. The SEMT 2017-3... Read more »

IHS Markit Brings its Award-Winning Bond and CDS Pricing Data to FactSet

LONDON--(BUSINESS WIRE)--IHS Markit (Nasdaq: INFO) today announced that its award-winning pricing data for bonds, credit default swaps (CDS) and structured products are available on FactSet. Read more »

Kroll Bond Rating Agency Assigns Senior Unsecured and Short-Term Debt Ratings to Durant Bancorp, Inc.

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has assigned a senior unsecured debt rating of BBB, subordinated debt rating of BBB-, and short-term debt rating of K3 to Durant, Oklahoma based Durant... Read more »