A.M. Best Assigns Indicative Issue Credit Ratings to Markel Corporation’s New Shelf Registration

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has assigned indicative Long-Term Issue Credit Ratings of “bbb+” to senior unsecured issues, “bbb” to subordinated issues, and “bbb-” to preferred stock, to the recently filed shelf registration... Read more »

KBRA Assigns Insurance Financial Strength Ratings of A- to Clear Blue Insurance Group

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has assigned insurance financial strength ratings (IFSR) of A- with a Stable Outlook to the insurance subsidiaries of Clear Blue Financial Holdings, LLC (CBFH) –... Read more »

A.M. Best Comments on Credit Ratings of Canopius Reinsurance AG and Canopius US Insurance, Inc. Following Announced Ownership Change

LONDON--(BUSINESS WIRE)--A.M. Best has commented that the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” of Canopius Reinsurance AG (Canopius Re - previously... Read more »

KBRA Assigns Preliminary Ratings to UBS 2018-C9

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 15 classes of UBS 2018-C9 (see ratings list below), a $839.9 million CMBS conduit transaction... Read more »

A.M. Best Comments on Credit Ratings of Prosperity Life Group Members Following Announced Sale

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has commented that the Credit Ratings (ratings) of Shenandoah Life Insurance Company (Roanoke, VA), SBLI USA Life Insurance Company, Inc. (New York, NY) and S.USA Life Insurance Company,... Read more »

KBRA Assigns Preferred Stock Rating of BB+ for TriState Capital Holdings, Inc.

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigned a preferred stock rating of BB+ for TriState Capital Holdings, Inc. (NASDAQ: TSC) (“the Company”), a bank holding company headquartered in Pittsburgh, Pennsylvania. The... Read more »

A.M. Best Places Credit Ratings of Cigna Corporation and Its Insurance Subsidiaries Under Review With Negative Implications

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has placed under review with negative implications the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” of the key... Read more »

A.M. Best Removes From Under Review With Negative Implications and Downgrades Credit Ratings for Members of NYCM Insurance Group

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has removed from under review with negative implications and downgraded the Financial Strength Rating to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Ratings to “a+”... Read more »

A.M. Best Assigns Credit Ratings to Momentum Life Limited

SINGAPORE--(BUSINESS WIRE)--A.M. Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb” to Momentum Life Limited (Momentum Life) (New Zealand). The outlook assigned to... Read more »

KBRA Releases Report for MTA Transportation Revenue Variable Rate Refunding Bonds, Subseries 2002D-2b (LIBOR FRTN)

NEW YORK--(BUSINESS WIRE)--On March 12, 2018, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA+ with a Stable Outlook on the Metropolitan Transportation Authority (MTA)’s Transportation Revenue Variable Rate Refunding... Read more »