KBRA Assigns Preliminary Ratings to FREMF 2018-K731 and Freddie Mac Structured Pass-Through Certificates K-0731

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to ten classes of FREMF Series 2018-K731 mortgage pass-through certificates and six classes of Freddie Mac... Read more »

KBRA Comments on Renasant Corporation’s Acquisition of Brand Group Holdings, Inc.

NEW YORK--(BUSINESS WIRE)--Tupelo, Mississippi based Renasant Corporation (NASDAQ: RNST) ("Renasant”), the parent company of Renasant Bank, and Brand Group Holdings, Inc. ("Brand"), the parent company of The Brand Banking Company, have announced... Read more »

KBRA Assigns Preliminary Ratings to Upstart Securitization Trust 2018-1

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to four classes of notes issued by Upstart Securitization Trust 2018-1 (“UPST 2018-1”). This is a $227.211 million consumer loan ABS transaction... Read more »

KBRA Comments on Cross River Bank’s Settlement with the FDIC

NEW YORK--(BUSINESS WIRE)--The FDIC announced yesterday that it had reached settlements with Cross River Bank (“Cross River”) and Freedom Financial Asset Management (FFAM). Kroll Bond Rating Agency (KBRA) believes that the settlement... Read more »

A.M. Best Affirms Credit Ratings of China Taiping Insurance (Macau) Co., Ltd.

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 Taiping Insurance (Macau) Co., Ltd. (CTIM) (Macau). The outlook... Read more »

A.M. Best Affirms Credit Ratings of Pacific International Insurance Pty Limited

HONG KONG--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Pacific International Insurance Pty Limited (Pacific) (Australia). The outlook of... Read more »

KBRA Publishes Research: REIT Q4’17 Credit Update – Calm Before the Storm

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) issues a new report, “REIT Q4’17 Credit Update - Calm Before the Storm.” The report makes the following key points: REIT leverage marked decade and... Read more »

A.M. Best Affirms Credit Ratings of Insurance Company London-Almaty JSC

LONDON--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of C++ (Marginal) and the Long-Term Issuer Credit Rating of “b+” of Insurance Company London-Almaty JSC (London Almaty) (Kazakhstan). The outlook of these... Read more »

A.M. Best Assigns Issue Credit Ratings to The Progressive Corporation’s Senior Unsecured Notes and Preferred Shares

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has assigned a Long-Term Issue Credit Rating (Long Term IR) of “a” to the recently announced $600 million 4.20% senior unsecured notes due 2048 of The Progressive Corporation... Read more »

A.M. Best Comments on Credit Ratings of Macau Insurance Company Limited, Amid Pending Regulatory Decision on Guaranteeing of Technical Reserves

HONG KONG--(BUSINESS WIRE)--A.M. Best has commented that the Credit Ratings (ratings) of Macau Insurance Company Limited (Macau Insurance) (Macau) remain unchanged despite a pending decision by the regulator on the amount of... Read more »