Best's Rating Changes. (Ratings).
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 19 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 Life Rating Current Previous Action Company Name & Domicile AMB# Rating Rating AEGIS Insurance Corporation 66832 NR-3 B+ q Canada: Saskatchewan + Banner Life Insurance Company 06468 A++ A+ US: Maryland New Chase Life & Annuity Company 06851 A NR-2 US: Ohio New Chase Life & Annuity Company 60340 A NR-2 of New York US: New York Concordia Life Insurance 08361 NR-3 A- Company Canada: Ontario General Life Insurance 60066 NR-5 A+ Co of America US: Illinois + Homesteaders Life Company 06534 B++ B+ US: Iowa Imperial Life Assurance 06544 NR-3 A- Company of CA Canada: Ontario - Investors Insurance 06583 A A+ u Corporation US: Delaware Lutheran Brotherhood 06673 NR-3 A++ US: Minnesota - Medico Life Ins Co 07378 B B+ US: Nebraska Milwaukee Life Insurance 06720 NR-5 B+ Company US: Wisconsin - Mutual Protective Ins Co 03150 B B+ US: Nebraska North West Life Assurance 07277 NR-5 B+ Co of America US: Washington - Republic-Vanguard Life 06996 A A+ u Insurance Company US: Texas Royal & Sun Alliance 85669 NR-3 A Life CA US: California - SCOR Life U.S. Re 06555 A A+ u Insurance Company US: Texas United Presidential Life 07184 NR-5 A- u Insurance Co US: Indiana + William Penn Life 06734 A++ A Insurance Co of NY US: New York Health Care Rating Current Previous Action Company Name & Domicile AMB# Rating Rating CIGNA Indiana Insurance 60062 NR-5 A- Company US: Indiana Healthsource HMO of New 68936 NR-5 A- York, Inc US: New York Humana HealthChicago, Inc 68537 NR-5 A- US: Delaware Humana Insurance Company 06251 NR-5 A- US: Missouri New Medical One, Inc 64387 F D q US: Puerto Rico Prudential Health Care 68769 NR-5 A- Plan of NY US: New York New Tennessee Coordinated 68942 F C++ q Care Network US: Tennessee - Union Labor Life 07152 B+ B++ u Insurance Company US: Maryland - World Insurance Company 07262 B+ B++ US: Nebraska Property/Casualty Rating Current Previous Action Company Name & Domicile AMB# Rating Rating - Allcity Insurance Company 02149 F D US: New York - Allianz Insurance 86187 A A++ Company of Canada Canada: Ontario - American and Foreign 02430 A A+ Insurance Company US: Delware + American General Property 18516 B+ B Group US: Tennessee + American General Property 04308 B+ B Ins Co of FL US: Florida + American General Property 02103 B+ B Insurance Co US: Tennessee + Apollo Casualty Company 11809 B- C++ US: Illinois New Association Insurance 01913 A- NR-1 Company US: Georgia - Atlantic Indemnity Company 11038 A A+ US: North Carolina - Atlantic Security Insurance 11330 A A+ Company US: North Carolina New Barnstable County Insurance 02896 A NR-3 Company US: Massachussetts New Builders Insurance (a 12026 A- NR-1 Mutual Captive Co) US: Georgia New Builders Insurance Group 18563 A- US: Georgia - Carolina American 02043 A A+ Insurance Company US: South Carolina + Chicago Motor Club 00254 A A- Insurance Company US: Illinois - Commercial Risk Re- 11378 A A+ u Insurance Company US: Vermont New Compania de Fianzas de 11446 B NR-5 Puerto Rico US: Puerto Rico - Connecticut Indemnity 02454 A A+ Company US: Connecticut - Connecticut Specialty 01916 A A+ Insurance Company US: Connecticut New Consumers Insurance 11775 B NR-2 USA, Inc US: Tennessee + Delta Lloyds Ins Co of Houston 04476 A- B++ of TX US: Texas - Design Professionals 04467 A A++ Insurance Company US: Connecticut - EBI Indemnity Company 01881 A A++ US: Connecticut - Empire Insurance Company 02150 F D US: New York - Empire Insurance Group 18152 F D US: New York - Employee Benefits 03625 A A+ Insurance Company US: Connecticut - F & C Insurance Company of CT 02455 A A+ US: Connecticut + Farmers Insurance Company of 04489 B++ B+ Flemington US: New Jersey First Maxifield Mutual 10205 NR-4 A- Insurance Assn US: Iowa + First Nonprofit Mutual 10856 A- B++ Insurance Company US: Illinois - General Secur P & C Co 03129 A A+ u US: New York - General Security Indemnity 03845 A A+ u Company US: New York - General Security Insurance 11353 A A+ u Company US: New York Global Insurance Company 10608 NR-5 E US: Georgia - Globe Indemnity Company 02432 A A+ US: Delaware New Grange Insurance Company of 12470 A Michigan US: Michigan - Great States Insurance 10706 F E Company US: California - Guaranty National Insurance 00443 A A+ Company US: Colorado - Guaranty National Insurance 11658 A A+ Company US: Connecticut - Health Care Insurance Company 03671 NR-5 B++ US: New Jersey - HIH America Comp & 02917 F E Liab Ins Co US: California - HIH America Ins Co of Hawali 12004 F E US: Hawaii + Integrity Mutual Insurance 00516 A B+ Company US: Wisconsin - Landmark American Insurance 03688 A A+ Company US: Oklahoma New Lyndon Property Group 18571 A- US: Minnesota New NAU Country Insurance Company 11098 B++ NR-2 US: Minnesota Olympus Insurance Company 11879 NR-4 B++ US: Texas + Palisades Group 18426 B++ B+ US: New Jersey + Palisades Safety and 11380 B++ B+ Insurance Assn US: New Jersey - Peak P & C Ins Corp 11414 A A+ US: Colorado - Phoenix Assurance Company of 02400 A A+ New York US: New Hampshire + Piedmont Mutual Insurance 11575 B- C++ Company US: North Carolina - Prime Insurance Syndicate 11306 C+ B- Incorporated US: Illinois Princeton Insurance Companies 05650 NR-5 B++ US: New Jersey New Progressive Auto Pro 11758 A+ NR-3 Insurance Company US: Florida New Progressive Home 12462 A+ Underwriters Ins Co US: Texas - Quebec Assurance Company 85784 A A+ Canada: Ontario Republic Insurance Company 02421 NR-3 B+ US: Texas - Royal & Sun Alliance Ins Co 85785 A A+ of Canada Canada: Ontario - Royal & Sun Alliance Ins 86191 A A+ Pool of Canada Canada: Ontario - Royal & SunAlliance USA 18566 A A+ Insurance Pool US: North Carolina - Royal Indemnity Company 02438 A A+ US: Delaware - Royal Insurance Company 02437 A A+ of America US: Illinois - Safeguard Insurance Company 02440 A A+ US: Connecticut - SCOR Canada Reinsurance 85445 A A+ u Company Canada: Ontario - SCOR Reinsurance Company 03599 A A+ u US: New York - SCOR U S Group 03873 A A+ u US: New York - See Insurance Company 02094 A A+ of America US: New York - Security Insurance Company 02457 A A+ of Hartford US: Connecticut + Specialty Risk Insurance 11088 A+ B+ Company US: Tennessee - State Farm General Insurance 02478 B+ A- Company US: Illinois - Statewide Insurance Company 02589 B- A- US: Illinois - Trafalgar Insurance Company 86189 A A++ of Canada Canada: Ontario - Unifund Assurance Company 86836 A A+ Canada: Newfoundland - Unisouce Insurance Company 11102 F E US: Florida - Unisun Insurance Company 02042 A A+ US: South Carolina + United States Surety Company 12009 B++ B+ US: Maryland - Viking Insurance Company 04410 A A+ of Wisconsin US: Colorado - Warner Insurance Company 02028 B++ Au US: Illinois - Western Assurance Company 85958 A A+ Canada: Ontario International Rating Current Previous Action Company Name & Domicile AMB# Rating Rating AXA General Insurance Limited 85550 B+ pd NR-5 United Kingdom AXA Insurance UK plc 86845 B+ pd NR-5 United Kingdom Bankers Insurance Company 87227 B- pd B- q Limited United Kingdom British Aviation Ins Co Ltd 86166 B pd B+ q United Kingdom Budget Insurance Company 87261 NR-5 B q Limited United Kingdom CGNU Life Assurance Limited 85266 A-pd A- q United Kingdom Churchill Insurance Company 87274 B++ pd B++ q Limited United Kingdom -- Commercial Risk Reinsurance 86514 A A+ u Company Ltd Bermuda New Credit & General Insurance 86476 A FPR 7 Limited New Zealand Cumberland Insurance Company 87308 B++ pd B+ q Limited United Kingdom DBI Insurance Company Limited 87311 B pd B+ q United Kingdom Dowa Insurance Company 87321 NR-5 B++ q (Europe) Limited United Kingdom New Electro Re SA 56699 A- Luxembourg New Endurance Specialty Insurance 84835 A- Ltd Bermuda Europ Assistance Insurance 87338 B+ pd B++ q Limited United Kingdom Financial Insurance Company 85812 B++ pd B++ q Limited United Kingdom Folksam International Ins 85034 NR-5 A- u Co Ltd Sweden Folksam International Ins 86962 NR-5 A- u Co Ltd SGB Singapore Friends' Provident Life Office 85574 NR-5 A- q United Kingdom -- Globe Insurance Company 87366 A A+ Limited United Kingdom New GoshawK Reinsurance Limited 84802 A- Bermuda New Grand Central Re Limited 84186 A Bermuda Guardian Insurance Group 86091 B+ pd A United Kingdom New Hang Seng Life Limited 84723 A+ Hong Kong New HSBC Life (International) 72362 A+ Limited Bermuda New HSBC Medical Insurance Limited 84721 A+ Hong Kong International Casualty & 86523 F S Surety Co Ltd New Zealand Kyoei Fire and Marine Ins Co 87414 NR-5 B+ q (UK) Ltd United Kingdom New Legal & General Life Asr 84837 A++ Long-Term Fund United Kingdom -- London Assurance 85106 A A+ United Kingdom -- London Assurance JPB 87814 A A+ Japan London General Insurance 87438 B pd NR-5 Company Ltd United Kingdom Methodist Insurance PLC 87458 NR-5 B+ q United Kingdom Nippon Fire & Marine 85388 NR-5 A+ Insurance Co Ltd Japan Nipponkoa Insurance Company 87412 NR-5 B++ q (Europe) Ltd United Kingtom Norwich Union Annuity Limited 87492 B++ pd A- q United Kingdom Norwich Union Life & Pensions 86137 A- pd A- q Ltd United Kingdom Norwich Union Linked Life 85265 B++ pd A- q Assurance Ltd United Kingdom Personal Assurance plc 87517 NR-5 B++ q United Kingdom Pharmacy Mutual Insurance 87520 NR-5 B++ q Company Ltd United Kingdom Pinnacle Insurance plc 87523 B++ pd B++ q United Kingdom -- Royal & Sun Alliance 85662 A A+ Insurance Group plc United Kingdom -- Royal & Sun Alliance 86257 A A+ Insurance plc United Kingdom -- Royal & Sun Alliance 87815 A A+ Insurance plc JPB Japan -- Royal & Sun Alliance 85187 A A+ Reinsurane Limited United Kingdom Samsung Insurance Company of 87572 NR-5 B++ q Europe Ltd United Kingtom -- SCOR 85027 A A+ u France -- SCOR Asia-Pacific Pte Ltd 86117 A A+ u Singapore -- SCOR Deutschland 85312 A A+ u Germany -- SCOR Group 86155 A A+ u France -- SCOR Italia Riassicurazioni 85232 A A+ u Italy -- SCOR UK Compnay Ltd 85448 A A+ u United Kingdom Sorema (Consolidated) 86601 NR-3 A u France Sorema S.A. 85621 NR-3 A u France -- Sun Alliance and London 86222 A A+ Insurance plc United Kingdom -- Sun Insurance Office Limited 85108 A A+ United Kingdom New Wing Lung Insurance Company 84822 A- Limited Hong Kong Ratings Under Review Life Rating Current Previous Action Company Name & Domicile AMB# Rating Rating Life U American Skandia Life 08715 A u A Assurance Corp US: Connecticut Health Care U Methodist Care, Inc 64240 B++ u B++ US: Texas Property/Casualty U Harleysville-Garden State 11244 A- u A- Insurance Co US: New Jesey U Underwriters Insurance 11671 A++ u A++ Company US: Nebraska 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 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 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 Best's 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 your request, please provide the company's identification number (AMB #).
* All rating actions are published in the Rating Monitor section of Best Week (R). Selected rating changes and new ratings are published in Best's Review (R) (our monthly magazine).
BEST'S RATINGS AND FINANCIAL PERFORMANCE RATINGS (FPR)
A.M. Best assigns to insurance related organizations one of two types of rating opinions, a Best's Rating (A++ to F) or a Financial Performance Rating (9 to 1).The Best's Rating represents an opinion based on a comprehensive quantitative and qualitative evaluation of a company's balance sheet strength, operating performance and business profile. The FPR represents an opinion based primarily on a quantitative evaluation of a company's balance sheet strength and operating performance for companies that do not meet the minimum size and/or operating experience requirements for a Best's Rating.
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 C and C- Weak D Poor E Under Regulatory Supervision F In Liquidation S Rating Suspended Secure FPR Ratings FPR 9 Very Strong FPR 8 and 7 Strong FPR 6 and 5 Good Vulnerable FPR Ratings FPR 4 Fair FPR 3 Marginal FPR 2 Weak FPR 1 Poor
Under Review (u) Rating Modifiers are assigned to Best's Ratings and Financial Performance Ratings to identify companies whose rating opinions are Under Review and may be subject to near-term change. Qualified (q) Rating Modifiers may be assigned to Health Maintenance Organizations (HMOs) and Canadian insurers that do not subscribe to our interactive rating process. Best's Qualified Ratings are therefore based primarily on a quantitative analysis of a company's balance sheet strength and operating performance. Best's Public Data (pd) Rating Modifiers may be assigned to UK and other European insurers that do not subscribe to our interactive rating process. Best's Public Data Ratings reflect both qualitative and quantitative analysis using publicly available data and other public information. Syndicate (s) Rating Modifiers are assigned to syndicates operating at Lloyd's
Rating Modifiers u Under Review q Qualified s Syndicate pd Public Data NOT RATED CATEGORIES (NR) Companies not assigned a Best's Rating or FPR 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 Data NR-2 Insufficient Size and/or Operating Experience NR-3 Rating Procedure Inapplicable NR-4 Company Request NR-5 Not Formally Followed
FINANCIAL SIZE CATEGORIES (FSC)
Assigned to all insurance companies and reflects their size based on their capital, surplus and conditional reserve funds. For information, refer to the Preface.
Best's Ratings are proprietary and may not be reproduced without permission.
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|Title Annotation:||U.S. health, life, and property insurance|
|Comment:||Best's Rating Changes. (Ratings).(U.S. health, life, and property insurance)|
|Article Type:||Statistical Data Included|
|Date:||Mar 1, 2002|
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