Best's rating changes. (Ratings).This summary of Best's Rating Best's rating A rating A.M. Best Co. assigns to insurance companies based on the company's ability to meet its obligations to its policyholders. Changes includes U.S.-domiciled life, health-care and property/casualty insurers as well as international insurers that had ratings assigned as·sign tr.v. as·signed, as·sign·ing, as·signs 1. To set apart for a particular purpose; designate: assigned a day for the inspection. 2. , changed or placed under review since this section last appeared in the February February: see month. 2003 edition of Best's Review. Best's Rating Changes is an abbreviated version of Best's Rating Monitor, which is published in Best Week, our weekly insurance industry newsletter. See page 15 for the Current Guide to Best's Ratings or visit the A.M. Best Co. Web site at www.ambest.com/ratings/access.html for detailed rating definitions. The A.M. Best rating of any company and basic company information are also available free of charge at the Web site.
Ratings Changed
Rating Current Previous
Action Company Name & Domicile AMB# Rating Rating
Life
Ameribest Life Insurance 07773 NR-5 A
Company
US: Georgia
American Maturity Life 08480 NR-3 A+
Insurance Company
US: Connecticut
- AXA Corporate Solutions Life 09083 B A u
Reinsurance
US: Delaware
Delta Life and Annuity Company 06196 NR-5 A
US: Kansas
First Columbine Life Insurance 60293 NR-5 A+
Company
US: Colorado
Keyport Benefit Life Insurance 09575 NR-3 A+
Company
US: New York
- Lincoln Heritage Life Insurance 06694 B++ A-
Company
US: Illinois
Mellon Life Insurance Company 09048 NR-5 A-
US: Delaware
- Merrill Lynch Life Insurance 09537 A A+
Company
US: Arkansas
- ML Life Insurance Company 08487 A A+
of New York
US: New York
- Monitor Life Insurance Co of NY 08664 B+ B++
US: New York
Northbrook Life Insurance 06299 NR-3 A+
Company
US: Arizona
Northern Life Insurance Company 06841 NR-5 A+
US: Washington
Health Care
AET Health Care Plan of Georgia Inc 68911 NR-3 A-
US: Georgia
Aetna Health of North TX 68920 NR-3 A-
US: Texas
- Commercial Travelers Mutual 07361 B+ B++
Insurance Co
US: New York
Genesis Health Plan of Ohio Inc 64058 NR-3 C pd
US: Ohio
Lovelace Health Systems 68562 NR-5 A u
US: New Mexico
- Medico Life Insurance Company 07378 B- B
US: Nebraska
+ Midwest Security Life Insurance 08297 A- B++
Company
US: Wisconsin
- Mutual Protective Insurance Company 03150 B- B
US: Nebraska
New UNICARE Health Plan of Oklahoma Inc 64633 A- NR-2
US: Oklahoma
New UNICARE Health Plan of Virginia Inc 64725 A-
US: Virginia
+ UNICARE Health Plans of Texas 64240 A- B++
US: Texas
Wellness Plan of North Carolina Inc 64273 NR-5 C+ pd
US: North Carolina
Property/Casualty
- 1st Auto & Casualty Insurance 11233 B B+
Company
US: Wisconsin
- Acceptance Insurance Company 02681 E C-
US: Nebraska
- American Nat'l Lawyers Ins 11383 E D
Recip (RPG)
US: Tennessee
+ Anchor General Insurance Company 00364 B+ B
US: California
+ AXA Corporate Solutions 03718 A A- u
Insurance Co
US: New York
- AXA Corporate Solutions 12315 A- u A u
Uoyds Ins Co TX
US: Texas
- AXA Corporate Solutions 03811 B A u
Reinsurance Co
US: Delaware
- AXA Re America Insurance Company 12329 A- u A u
US: Delaware
- AXA Re Property & Casualty 04779 A- u A u
Ins Co
US: Delaware
+ Bituminous Casualty Corporation 02075 A+ A
US: Illinois
+ Bituminous Fire & Marine 02076 A+ A
Insurance
US: Illinois
+ Bituminous Insurance Companies 18434 A+ A
US: Illinois
Casualty Reciprocal Exchange 02141 E NR-4
US: Missouri
Commerce Group Insurance Company 85728 NR-5 A+
Canada:Quebec
- Commercial Risk Re-Insurance 11378 B++ u A-
Company
US: Vermont
Constitution Insurance Company 11980 NR-3 B-
US: New York
- Doctors Insurance Recip RRG 11111 E D
US: Illinois
New Encompass Insurance Company 11794 A+ NR-3
US: Illinois
Equity Mutual Insurance Company 02142 E NR-4
US: Missouri
General Secur P & C Co 03129 NR-5 A-u
US: New York
General Security Insurance Company 11353 NR-5 A-u
US: New York
Gerling Global Reins Corp of 03046 NR-3 B-
America
US: New York
New Germania Select Insurance Company 12564 A
US: Texas
Grange Mutual Insurance Company 10561 F NR-4
(OR)
US: Oregon
ING Wellington Insurance Company 85746 NR-5 A+
Canada: Ontario
Lyndon Property Group 18571 NR-5 A-
US: Missouri
New Maxum Indemnity Company 12563 A-
US: Delaware
+ Mutual Fire Insurance Co in 04735 B+ B- u
Calvert Cty
US: Maryland
+ Old Republic Minnehoma Insurance 00641 A= B+
Company
US: Arizona
+ Old Republic Union Insurance 03769 A B++
Company
US: Illinois
Overseas Partners US Reinsurance 55027 NR-5 B++
Company
US: Delaware
- Reciprocal Alliance (RRG) 11797 E D
US: Tennessee
- Reciprocal of America 03776 E C-
US: Virginia
- Statewide Insurnace Company 02589 C+ B-
US: Illinois
Thames Insurance Company Inc 03774 NR-3 A-
US: Connecticut
Western Diversified Casualty 04822 NR-3 A-
Ins Co
US: Wisconsin
International
- Allianz Suisse Lebensversicherungs 86461 A+ A++ u
Switzerland
- Allianz Suisse Versicherungs 86462 A+ A++ u
Switzerland
AXA Cessions 84358 NR-5 A+
France
+ Bankers Insurance Company Limited 87227 B pd B- pd
United Kingdom
+ BRIT Insurance Limited 86954 A A- u
United Kingdom
British Aviation Ins Co Ltd 86166 NR-3 B pd
United Kingdom
- Churchill Insurance Company 87274 B+ pd B++ pd
Limited
United Kingdom
- Commercial Risk Reinsurance 86514 B++ u A-
Company
Bermuda
Credit Suisse Pooled Pensions 87598 NR-5 B++ pd
Limited
United Kingdom
- Cumberland Insurance Company 87308 B+ pd B++ pd
Limited
United Kingdom
- DAS Legal Expenses Insurance 87310 B++ pd A- pd
Company
United Kingdom
Eagle Star Insurance Company 85397 NR-3 B+ pd
Limited
United Kingdom
- Financial Insurance Company Limited 85812 B pd B++ pd
United Kingdom
- Groupama General Insurance Company 87434 C pd B- pd
United Kingdom
- Groupama Insurance Company Limited 85211 C pd B- pd
United Kingdom
- Hamilton Insurance Company Limited 86142 B+ pd B++ pd
United Kingdom
New HDI Haftpflichtverbend Deutsch 85068 A+ NR-5
Industrie
Germany
HDI Haftpflichtverband Deutsch 85259 NR-5 A+
Industrie
Germany
- Hermes Assured Limited 87386 B- pd B pd
United Kingdom
- Isis Managed Pension Funds Limited 87436 B++ pd A- pd
United Kingdom
Lloyd's Syndicate 1003 48206 NR-3 A s
United Kingdom
- Meiji Life Insurance Company 85358 A A+
Japan
- MISR Insurance Company 85257 A- A
Egypt
Muenchener Rueckversicherungs 85011 NR-5 A++
Germany
- National Ins & Guarantee Corp PLC 87479 B pd B+ pd
United Kingdom
Orion Personal Insurances Limited 86501 NR-3 B+ pd
United Kingdom
Overseas Partners Assurance Ltd 55024 NR-5 B++
Bermuda
Overseas Partners Ltd 86669 NR-5 B++
Bermuda
Overseas Partners Re Ltd 86934 NR-5 B++
Bermuda
New Singapore Reinsurance Corporation 85224 A- NR-5
Singapore
- Sompo Japan Insurance Company of 86495 B- pd B+ pd
Europe
United Kingdom
Sun Life Assurance Co of Canada 87614 NR-5 B+ pd
(UK)
United Kingdom
Sun Life Pensions Management 87611 NR-5 A- pd
Limited
United Kingdom
Sun Life Unit Assurance Limited 87616 NR-5 A- pd
United Kingdom
+ Tokio Marine Europe Insurance 85366 B++ pd B+ pd
Limited
United Kingdom
- Trafalgar Insurance Public 87635 B pd B+ pd
Limited Co
United Kingdom
Vereinte Lebensversicherung AG 85944 NR-5 A++ u
Germany
Vereinte Versicherung AG 85843 NR-5 A++ u
Germany
Winterthur Pension Funds 87805 NR-5 B+ pd
UK Limited
United Kingdom
Ratings Under Review
Rating Current Previous
Action Company Name & Domicile AMB# Rating Rating
Property/Casualty
U AXA Corporate Solutions E&S 10785 A- u A- u
Lines Ins Co
US: Delaware
U Merastar Insurance Company 03596 A- u A-
US: Tennessee
U Prudential Commercial Insurance 03794 A- u A-
Company
US: Delaware
U Prudential General Insurance 03795 A- u A-
Company
US: Delaware
U Prudential P & C Ins Co 04785 A- u A-
US: Indiana
U Prudential Property & Casualty 05697 A- u A-
Group
US: Indiana
U THI Holdings Group 18534 A- u A-
US: Ohio
U Titan Indemnity Company 00548 A- u A-
US: Texas
U Titan Insurance Company 10709 A- u A-
US: Michigan
U Victoria Automobile Insurance 11688 A- u A-
Company
US: Indiana
U Victoria Fire & Casualty Company 00671 A- u A-
US: Ohio
U Victoria National Insurance Company 12059 A- u A-
US: Ohio
U Victoria Select Insurance Company 11689 A- u A-
US: Ohio
U Victoria Specialty Insurance Company 12058 A- u A-
US: Ohio
U Worldwide Direct Auto Insurance 03045 A u A
Company
US: Ohio
U Worldwide Insurance Company 00609 A u A
US: Ohio
Rating Action: (+) or (-) Rating upgraded or downgraded
(New) Assigned initial rating; (u)Rating placed under review
CURRENT GUIDE TO BEST'S RATINGS For a complete explanation of Best's Ratings, please refer to the Preface pref·ace n. 1. a. A preliminary statement or essay introducing a book that explains its scope, intention, or background and is usually written by the author. b. An introductory section, as of a speech. 2. of Best's Insurance Reports[R] or Best's Key Rating Guide[R]. Best's Ratings reflect our independent opinion, but are not a warranty An assurance, promise, or guaranty by one party that a particular statement of fact is true and may be relied upon by the other party. Warranties are used in a variety of commercial situations. In many instances a business may voluntarily make a warranty. of a company's financial strength and ability to meet its obligations to policyholders. * For the latest Best's Ratings and Best's Company Reports (which include Bests Ratings) visit the A.M. Best Web site at www.ambest.com. You may also obtain Best's Company Reports by calling our Customer Service Department at (908) 439-2200, Ext. 5742. To expedite ex·pe·dite tr.v. ex·pe·dit·ed, ex·pe·dit·ing, ex·pe·dites 1. To speed up the progress of; accelerate. 2. your request, please provide the company's Identification number (AMB AMB Ambient AMB Ambassador AMB Amber AMB Ambulance AMB Associação Médica Brasileira (Brazil) AMB Ambulatory AMB Advanced Memory Buffer (FBDIMM control unit on DRAM) #). * All rating actions are published in the Rating Monitor section of BestWeek[R]. Selected rating changes and new ratings are published in Best's Review[R] (our monthly magazine). BESTS RATINGS A.M. Best ratings (A++ to F) are assigned to insurance companies that subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our interactive rating service. The Best's Rating represents an opinion based on a comprehensive quantitative quantitative /quan·ti·ta·tive/ (kwahn´ti-ta?tiv) 1. denoting or expressing a quantity. 2. relating to the proportionate quantities or to the amount of the constituents of a compound. and qualitative qualitative /qual·i·ta·tive/ (kwahl´i-ta?tiv) pertaining to quality. Cf. quantitative. qualitative pertaining to observations of a categorical nature, e.g. breed, sex. evaluation of a company's balance sheet strength, operating performance and business profile. Secure Best's Ratings A++ and A+: Superior A and A-: Excellent B++ and B+: Very Good Vulnerable Best's Ratings B and B-: Fair C++ and C+: Marginal (jargon) marginal - 1. Extremely small. "A marginal increase in core can decrease GC time drastically." In everyday terms, this means that it is a lot easier to clean off your desk if you have a spare place to put some of the junk while you sort through it. 2. C and C-: Weak D: Poor E: Under Regulatory reg·u·late tr.v. reg·u·lat·ed, reg·u·lat·ing, reg·u·lates 1. To control or direct according to rule, principle, or law. 2. Supervision F: In Liquidation The collection of assets belonging to a debtor to be applied to the discharge of his or her outstanding debts. A type of proceeding pursuant to federal Bankruptcy S: Rating Suspended sus·pend v. sus·pend·ed, sus·pend·ing, sus·pends v.tr. 1. To bar for a period from a privilege, office, or position, usually as a punishment: suspend a student from school. RATING MODIFIERS Under Review (U) Rating Modifiers are assigned to Best's Ratings to identity companies whose rating opinions are Under Review and may be subject to near-term near-term adj. Of, for, or involving a short period of time in the near future. change. Best's Public Data (pd) Rating Modifiers may be assigned to Health Maintenance Organizations (HMOs), Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. , UK and other European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. insurers that do not subscribe to our interactive rating process. Best's Public Data Ratings reflect both qualitative and quantitative analysis Quantitative Analysis A security analysis that uses financial information derived from company annual reports and income statements to evaluate an investment decision. Notes: using publicly available data and other public information. Syndicate Syndicate organized crime unit throughout major cities of the United States. [Am. Hist.: NCE, 2018] See : Gangsterism (s) Rating Modifiers are assigned to syndicates operating at Lloyd's Lloyd's, London insurance underwriting corporation of many separate syndicates; often called Lloyd's of London. Founded in the late 17th cent. by a group of merchants, shipowners, and insurance brokers at the coffeehouse of Edward Lloyd, the association is now . Rating Modifiers u: Under Review s: Syndicate pd: Public Data NOT RATED CATEGORIES (NR) Companies not assigned a Best's Rating are assigned to one of five NR categories which identifies the primary reason a rating opinion was not assigned to the company. For additional information, refer to the Preface. NR-1: Insufficient in·suf·fi·cient adj. 1. Not sufficient. 2. Incapable of proper functioning. Data NR-2: Insufficient Size and/or and/or conj. Used to indicate that either or both of the items connected by it are involved. Usage Note: And/or is widely used in legal and business writing. Operating Experience NR-3: Rating Procedure Inapplicable in·ap·pli·ca·ble adj. Not applicable: rules inapplicable to day students. in·ap NR-4: Company Request NR-5: Not Formally Followed FINANCIAL SIZE CATEGORIES (FSC FSC See: Foreign Sales Corporation ) Assigned to all insurance companies and reflects their size based on their capital, surplus and conditional Subject to change; dependent upon or granted based on the occurrence of a future, uncertain event. A conditional payment is the payment of a debt or obligation contingent upon the performance of a certain specified act. reserve funds. For information, refer to the Preface. Best's Ratings are proprietary and may not be reproduced without permission. |
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