A.M. Best Withdraws Credit Ratings of MedMal Direct Insurance Company

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has downgraded the Financial Strength Rating to B- (Fair) from B++ (Good) and the Long-Term Issuer Credit Rating to “bb-” from “bbb” of MedMal Direct Insurance Company (MedMal... Read more »

KBRA Publishes CMBS Research: “Slowing Rents Bite the Big Apple”

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) releases a research report entitled, “Slowing Rents Bite the Big Apple.” After years of steady increase, Manhattan rents are either declining or experiencing nominal growth.... Read more »

A.M. Best Affirms Credit Ratings of Trisura Guarantee Insurance Company

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 Trisura Guarantee Insurance Company (Trisura Guarantee) (Toronto, Ontario, Canada). The... Read more »

A.M. Best Affirms Credit Ratings of The National Security Group, Inc. and Its Subsidiaries; Revises Outlooks to Positive for Life Health Affiliate

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 Affirms Issue Credit Rating of Redding Funding Ltd.’s Secured Notes

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “a+” on the initial $1.2 billion ($905 million outstanding as of Dec. 31, 2017) of 5.75% Secured Notes... Read more »

KBRA Assigns Preliminary Ratings to Sequoia Mortgage Trust 2018-4 (SEMT 2018-4)

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to fifty-four classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2018-4 (SEMT 2018-4), a prime RMBS transaction. SEMT 2018-4 contains both... Read more »

KBRA Assigns Preliminary Ratings to Ascentium Equipment Receivables 2018-1 Trust

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to seven note classes of Ascentium Equipment Receivables 2018-1 Trust. The notes are newly issued asset-backed securities backed by a portfolio of... Read more »

KBRA Assigns Preliminary Ratings to Dividend Solar Loans 2018-1 LLC

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to four classes of notes issued by Dividend Solar Loans 2018-1, LLC (“DIV 2018-1”). This is a $104.66 million term ABS securitization... Read more »

KBRA Views Passage of The Small Business Credit Availability Act as Generally Credit Negative for the Business Development Company Industry

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) views the passage of a lower asset coverage ratio by The Small Business Credit Availability Act (SBCAA )1 on March 23, 2018 as generally negative.... Read more »

A.M. Best Affirms Credit Ratings of Bahamas First Holdings Limited’s Operating Subsidiaries

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of Bahamas First General Insurance Company Limited (BFG) (Nassau,... Read more »