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 26 for the Current Guide to Best's Ratings or visit www.ambest.com/ratings/ access.html for detailed rating definitions.
For the rating of any company rated by A.M. Best Co. and basic company information free of charge, visit the A.M. Best Co. Web site at www.ambest.com/ratings/access.html.
Ratings Changed Life Rating Business Current Action Type Company Name AMB# Rating L Alabama Reassurance Company 09055 NR-2 L Citizens Fidelity Ins Co 68321 NR-2 New P, L First Standard Security 03552 B+ Insurance Co - L Fremont Life Ins Co 06247 C++ - L Guarantee Reserve Life 06502 A- Insurance Company L Hallmark Life Insurance Co 60297 NR-2 + L Madison National Life 06678 A- Insurance Co. Inc L Manufacturers Life Ins Co of 08786 NR-3 America L Manufacturers Life Ins Co of 08953 NR-3 NA L Manulife Reinsurance Corp 60204 NR-3 (U.S.A.) L Tennessee Life Insurance Co. 68373 NR-2 - L Trans-Oceanic Life Insurance 07132 B Company - L Union National Life Insurance 07155 A Company - L United Insurance Company of 07174 A America - L Unity Mutual Life Insurance 07196 B Company Rating Previous Action Rating Domicile FPR 4 US: Alabama FPR 4 US: Arkansas New FPR 5 US: Delaware - B US: California - A u US: Indiana FPR 5 US: Arizona + B++ US: Wisconsin A++ US: Michigan A++ US: Delaware A++ US: Michigan FPR 5 US: Arizona - B+ US: Puerto Rico - A+ US: Louisiana - A+ US: Illinois - B+ US: New York Health Care Rating Business Current Action Type Company Name AMB# Rating New L Censtat Life Assurance Company 60246 A- New L Delta Dental of Delaware 64642 A- New L Delta Dental of District of 64672 A- Columbia New L Delta Dental of New York 64594 A- New L Delta Dental of West Virginia 64643 A- + L HealthLink HMO, Inc 60152 A- + L Healthy Alliance Life 08217 A- Insurance Company + L HMO Missouri, Inc 68790 A- + L Montana Medical Benefit Plan, 64501 E Inc New L Pennsylvania Dental Service 64557 A- Corporation + L Right CHOICE Insurance Company 60024 A- L Rio Grande HMO, Inc 68659 NR-5 L Texas Gulf Coast HMO, Inc 68719 NR-5 L Trisource Healthcare Inc 68955 NR-5 L West Texas Health Plans, L.C. 64417 NR-5 Rating Previous Action Rating Domicile New FPR 6 US: Arizona New NR-5 US: Delaware New US: Dist. Of Columbia New NR-5 US: New York New NR-5 US: West Virginia + B++ u US: Missouri + B++ u US: Missouri + B++ u US: Missouri + F US: Montana New NR-5 US: Pennsylvania + B++ u US: Illinois A- US: Texas A- US: Texas B q US: Missouri A- US: Texas Property/Casualty Rating Business Current Action Type Company Name AMB# Rating - P Acceleration National 03810 F Insurance Company - P Allcity Insurance Company 02149 D - P Alliance Assurance Company of 12466 A- America - P American Country Insurance Company 02735 C++ + P American Service Insurance Company 01777 B++ Inc + P American Surety Company 02557 A- + P American Vehicle Insurance Company 00711 B+ New P Arch Reinsurance Company 11791 A- + P Atlantic Charter Insurance Company 11318 A + P Atlantic Insurance Company 02220 A++ + P Attorneys Insurance Mutual of AL 10816 A- Inc - P Beacon Insurance Group 04061 B- - P Beacon National Insurance Company 00207 B- New P Canadian Millers Mutual Insurance 85715 E Co + P Capacity Insurance Company 10738 B+ - P Centurion Insurance Company 00155 D + P Charter Insurance Group 18396 A - P Delta Casualty Company 03321 F - P Eastern Casualty Group 18541 A- - P Eastern Casualty Indemnity Company 12420 A- - P Eastern Casualty Insurance Company 01961 A- + P Electric Insurance Company 02146 A- + P Electric Insurance Group 18556 A- + P Electric Lloyd's of Texas 12326 A- - P Empire Insurance Company 02150 D - P Empire Insurance Group 18152 D - P Employers Security Insurance 11404 D Company + P Endeavour Insurance Company 11966 A P Equity Insurance Company 04940 NR-2 P Farmers Mutual Fire of McCandless 04766 NR-2 - P Far West Insurance Company 01802 F + P First Maxfield Mutual Insurance 10205 A- Assn - P First Preferred Insurance Company 04052 B- + P Gulf Group Lloyds 03847 A++ + P Gulf Insurance Company 02451 A++ + P Gulf Insurance Company U.K. Limited 87376 A++ P Gulf Insurance Group 00446 NR-5 + P Gulf Underwriters Insurance Company 11208 A++ - P Jefferson Insurance Company 04001 B++ u - P Jefferson Insurance Group 03972 B++ u P Martingale National Insurance 11716 NR-3 Company - P Medical Assurance Company Inc 03826 A- P Medical Assurance Group 18384 NR-5 - P Medical Assurance of West Virginia, 10902 A- Inc + P Modern Service Insurance Company 04035 A+ - P Monticello Insurance Company 03677 B++ u + P Mutual Service Casualty Insurance 00670 A+ Co P Mutual Service Insurance Group 04074 NR-5 - P Northwest G F Mutual Insurance 00717 B- Company - P Petrolia Insurance Company 02573 B- - P Petrosurance Casualty Company 03662 C New P ProAssurance Group 18559 A- P ProNational Insurance Group 18300 NR-5 P Rampart Insurance Company 02649 NR-5 + P Select Insurance Company 02222 A++ P Sorema N. A. Group 18264 NR-5 + P Southern United Fire Insurance 03197 B+ Company - P State Farm Lloyds 01767 B+ + P Texas Lawyers Insurance Exchange 02578 A + P United Heritage Property & Casualty 10062 B++ Co + P Universal Casualty Company 02753 A- New P USAA Texas Lloyd's Company 12460 A++ - P Wasatch Crest Insurance Company 00942 D - P Wasatch Crest Mutual Insurance 10111 D Company P Western Continental Insurance 11081 NR-5 Company - P Wisconsin American Mutual Insurance 04350 B- Co Rating Previous Action Rating Domicile - E US: Ohio - C++ US: New York - A u US: New York - A- US: Illinois + B+ US: Illinois + B++ US: California + E US: Florida New NR-3 US: Nebraska + A- US: Massachusetts + A+ US: Texas + B++ US: Alabama - B+ US: Texas - B+ US: Texas New D q Canada: Ontario + B US: Florida - C++ US: New York + A- US: Massachusetts - D US: Illinois - A u US: Massachusetts - A u US: New Hampshire - A u US: Massachusetts + B++ US: Massachusetts + B++ US: Massachusetts + B++ US: Texas - C++ US: New York - C++ US: New York - B+ US: Indiana + A- US: Massachusetts A- US: Texas A- US: Pennsylvania - C- US: Nebraska + B++ US: Iowa - B+ US: Texas + A+ US: Texas + A+ US: Missouri + A+ United Kingdom A+ US: Missouri + A+ US: Missouri - A US: New York - A US: New York A- US: Illinois - A u US: Alabama A u US: Alabama - A u US: West Virginia + B+ u US: Minnesota - A US: Delaware + B+ u US: Minnesota B+ u US: Minnesota - B+ US: South Dakota - B+ US: Texas - B US: Oklahoma New US: Alabama A- u US: Michigan A u US: New York + A+ US: Texas A u US: New York + B US: Alabama - A- u US: Texas + A- US: Texas + B+ US: Idaho + B++ US: Illinois New US: Texas - B US: Utah - B US: Utah A u US: Texas - B US:Wisconsin International Rating Business Current Action Type Company Name AMB# Rating L Alba Life Limited 87242 NR-5 L Allchurches Life Assurance Limited 87210 NR-5 P Alliance & Leicester Gen'l Ins Co 87211 NR-5 Ltd L Alliance & Leicester Life Assur Co 87212 NR-5 Ltd New P Allied World Assurance Company Ltd 84808 A+ New P Arch Reinsurance Ltd 75169 A- P Arig Reinsurance Company B.S.C. 86938 NR-4 P AstraZeneca Insurance Company Ltd 87679 NR-5 P AXA Art Insurance Limited 87490 NR-5 P AXA Direct Insurance Limited 86505 B+ pd L AXA Equity and Law Life Assur Soc 87250 NR-3 Plc P AXA Insurance plc 85203 B+ pd P AXA Insurance UK plc 86162 B+ pd P AXA PPP Healthcare Limited 87530 B+ pd New P Axis Specialty Limited 84766 A- P Bimeh Iran Insurance Comapny UK Ltd 87232 NR-5 P Britannic Assurance plc 87254 NR-5 L Britannic Unit Linked Assurance 87243 NR-5 Limited L British Life Office Limited 87259 NR-5 P British Reserve Insurance Company 87260 NR-5 Ltd P British United Provident 85572 A- pd Association Ltd L Caledonian Insurance Company 85548 NR-3 Limited L Canterbury Life Assurance Company 87264 NR-3 Ltd L Cedar Insurance Company Limited 87266 NR-5 P Chemists Defence Association 87272 NR-5 Limited P China Insurance Co UK Ltd 87273 NR-5 L City of London Insurance Company 87280 NR-5 Limited P Co-operative Insurance Soc Ltd 87283 A pd New P, L Colonial SA Compania Seguros 84245 B++ L Confederation Life Insurance Co 87292 NR-3 (UK) Ltd P Congregational & General Insurance 87293 NR-5 plc P Consumer Electronics Insurance Co 87296 B++ pd Ltd New P, L Converium Group 84394 A New P Converium Ltd. Zurich 84820 A P Cornish Mutual Insurance Company 87301 NR-5 Ltd P, L Corporacion Mapfre, S.A. 85419 NR-3 L Countrywide Assured plc 87378 NR-5 L Criterion Life Assurance Limited 87304 NR-5 New P Danish Re Bermuda Limited 84741 A- P De Montfort Insurance Company Plc 87312 NR-5 L Direct Line Life Insurance Company 87317 NR-5 Ltd L Eurolife Assurance Company Limited 87337 NR-5 P European Nichido Insurance Company 87340 NR-5 Ltd L Fidelity Life Assurance Limited 87346 NR-5 L Fleming Life Limited 87349 NR-5 L FP Life Assurance Limited 87353 NR-5 L Friends Provident (London & 85650 NR-3 Manchester) P G I L Insurance Limited 87363 8+ pd L GE Life Limited 87603 NR-5 L General Accident Managed Pension 86852 NR-5 Funds L Gisborne Life Assurance Company Ltd 87365 NR-3 + P Glencoe Insurance Ltd 86548 A L Guardian Assurance plc 85649 NR-5 P Guardian Health Limited 86507 B+ pd L Guardian Pensions Management 85209 NR-5 Limited L Hamilton Life Assurance Co, Ltd 86143 NR-5 P Hermes Credit and Guarantee plc 87302 NR-5 L Hodge Life Assurance Company 87265 NR-5 Limited L Liverpool Victoria Life Company Ltd 87516 NR-5 New P Lloyd's Syndicate 1400 48328 A- s L London Aberdeen & Northern Mutual 87437 NR-5 Assur L London Life Linked Assurances 87439 NR-5 Limited L M & G Life Assurance Company 87444 NR-3 Limited L M&G Pensions and Annuity Company 87445 NR-3 Limited P Magnus Insurance Company Limited 87446 NR-5 L Marine & General Mut Life Assur 87451 B++ pd Society L Merchant Investors Assurance 87456 B- pd Company Ltd New P Montpelier Reinsurance Ltd 84809 A- P National Farmers Union Mutual Ins 85262 A pd Soc L National Farmers Union Mutual Ins 85315 A- pd Soc L National Provident Institution 87481 NR-3 P Nippon Insurance Company of Europe 87488 NR-5 Ltd P Nissan Insurance Company (Europe) 87489 NR-5 Ltd L Old Mutual Life Assurance Company 87506 NR-3 Ltd L Pearl Assurance (Unit Funds) Ltd 85030 NR-5 L Pearl Assurance (Unit Linked 85188 NR-5 Pensions) L Pearl Assurance Public Limited Co 85837 B++ pd L Pensions Management (SWF) Ltd 85946 NR-5 L Professional Life Assurance Company 86307 NR-3 Ltd P Proteus Insurance Company Limited 87541 NR-3 L Prudential Holborn Life Limited 87545 NR-5 L Prudential Holborn Pensions Limited 87544 NR-5 New L Prudential Life Insurance Company, 86614 A+ Ltd New P PXRE Group Ltd 84807 A New P PXRE Reinsurance Ltd. 84141 A L Refuge Assurance plc 87552 NR-3 L Refuge Investments Limited 87551 NR-3 L Reliance Mutual Insurance Society 87557 NR-5 Ltd L S E B Trygg Life (UK) Assur Company 87570 NR-5 Ltd L Save & Prosper Insurance Limited 87573 NR-5 L Save & Prosper Pensions Limited 87574 NR-5 L Schroder Pensions Limited 87424 NR-5 L Scottish Life Pensions Annutiy Co 87583 NR-5 Ltd L Scottish Widows Fund & Life Assur 85939 NR-3 Soci L Sterling Life Limited 86407 NR-5 L Sun Life Assurance Co of Canada UKB 87617 NR-3 L Sun Life Assurance Society P L C 87615 A- pd L Sun Life Pensions Management 87611 A- pd Limited L Sun Life Unit Assurance Limited 87616 A- pd P Travel and General Insurance 87639 NR-5 Company PLC L United Friendly Insurance plc 87654 NR-3 L United Friendly Life Assurance 87652 NR-5 Limited L University Life Assurance Society 87657 NR-5 L UNUM Limited 87658 NR-5 New P USAA Limited 87660 A++ L Woolwich Life Assurance Company 87676 NR-5 Limited New L World-Wide Reassurance Company 87677 A- Limited P Zurich GSG Limited 87680 NR-5 Rating Previous Action Rating Domicile B+q United Kingdom B+q United Kingdom B++ q United Kingdom B+q United Kingdom New Bermuda New Bermuda B+u Bahrain B++ q United Kingdom A- q United Kingdom NR-5 United Kingdom A- q United Kingdom B++ q United Kingdom B++ q United Kingdom United Kingdom New Bermuda B+ q United Kingdom A q United Kingdom B+ q United Kingdom B q United Kingdom A q United Kingdom A- q United Kingdom B++ q United Kingdom B++ q United Kingdom B q United Kingdom 8++ q United Kingdom B++ q United Kingdom B+ q United Kingdom A- q United Kingdom New Dominican Republic B++ q United Kingdom B++ q United Kingdom A- q United Kingdom New Switzerland New Switzerland B+ q United Kingdom A+ Spain B+ q United Kingdom B+ q United Kingdom New Bermuda B+ q United Kingdom B+ q United Kingdom B q United Kingdom B++ q United Kingdom B+ q United Kingdom B+ q United Kingdom B++ q United Kingdom B++ q United Kingdom B++ q United Kingdom B+ q United Kingdom B++ q United Kingdom 8+ q United Kingdom + A- Bermuda 8+ q United Kingdom NR-5 United Kingdom B++ q United Kingdom B q United Kingdom B++ q United Kingdom B q United Kingdom B+ q United Kingdom New United Kingdom B+ q United Kingdom B+ q United Kingdom B++ q United Kingdom B+ q United Kingdom B+ q United Kingdom B++ p United Kingdom B- q United Kingdom New Bermuda A q United Kingdom A- q United Kingdom B++ q United Kingdom B+ p United Kingdom B++ q United Kingdom B q United Kingdom B++ q United Kingdom B++ q United Kingdom A- q United Kingdom B++ q United Kingdom A- q United Kingdom B+ p United Kingdom B++ q United Kingdom B++ q United Kingdom New Japan New Bermuda New Bermuda B++ q United Kingdom B q United Kingdom B q United Kingdom B q United Kingdom B++ q United Kingdom B+ q United Kingdom B+ q United Kingdom 8+ q United Kingdom A q United Kingdom B+ q United Kingdom B++ q United Kingdom A- q United Kingdom A- q United Kingdom A- q United Kingdom B++ q United Kingdom A- q United Kingdom B++ q United Kingdom B+ q United Kingdom B+ q United Kingdom New B+ q United Kingdom B++ q United Kingdom New B+ q United Kingdom B+ q United Kingdom Ratings Under Review Life Rating Business Current Action Type Company Name AMB# Rating U L Clarica Life Insurance Company 06750 A+ u U L Clarica Life Insurance Company-U.S. 07244 A+ u U L Templeton Funds Annuity Company 68026 A- u U L Union Labor Life Insurance Co 07152 B++ u Rating Business Previous Action Type Company Name Rating U L Clarica Life Insurance Company A+ U L Clarica Life Insurance Company-U.S. A+ U L Templeton Funds Annuity Company A- U L Union Labor Life Insurance Co B++ Rating Business Action Type Company Name Domicile U L Clarica Life Insurance Company Canada: Ontario U L Clarica Life Insurance Company-U.S. US: North Dakota U L Templeton Funds Annuity Company US: Florida U L Union Labor Life Insurance Co US: Maryland Property/Casualty Rating Business Current Action Type Company Name AMB# Rating U P Legion Indemnity Company 11860 A- u U P Legion Insurance Company 02352 A- u U P Legion Insurance Group 18366 A- u U P Villanova Insurance Company 12110 A- u Rating Business Previous Action Type Company Name Rating U P Legion Indemnity Company A- U P Legion Insurance Company A- U P Legion Insurance Group A- U P Villanova Insurance Company A- Rating Business Action Type Company Name Domicile U P Legion Indemnity Company US: Illinois U P Legion Insurance Company US: Pennsylvania U P Legion Insurance Group US: Pennsylvania U P Villanova Insurance Company US: Pennsylvania International Rating Business Current Action Type Company Name AMB# Rating U P Sunderland Marine Mutual Insurance 86497 A- u Co Ltd Rating Business Previous Action Type Company Name Rating U P Sunderland Marine Mutual Insurance A- Co Ltd Rating Business Action Type Company Name Domicile U P Sunderland Marine Mutual Insurance United Kingdom Co Ltd Rating Action: (+) or (-) Rating upgraded or downgraded; (New) Assigned initial rating. P = Property/Casualty (nonlife) L = Life/Health
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 BestWeek[R]. Selected rating changes and new ratings are published in Best's Review[R] (our monthly magazine).
BEST'S RAT1NGS 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.
|Printer friendly Cite/link Email Feedback|
|Title Annotation:||insurance companies|
|Article Type:||Statistical Data Included|
|Date:||Feb 1, 2002|
|Previous Article:||Vermont captive population surpassed 500 last year. (Briefing).|
|Next Article:||Stirring America's melting pot: As the ethnic population rises in the United States, insurers are beginning to take a hard look at marketing...|