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Best's rating changes. (Ratings).

This summary of Best's Rating Changes includes U.S.-domiciled life, health-care and property/casualty insurers as well as international insurers that had ratings assigned, changed or placed under review since this section last appeared in the February 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 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 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 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).

BESTS RATINGS

A.M. Best ratings (A++ to F) are assigned to insurance companies that subscribe to our interactive rating service. 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.

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

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 change. Best's Public Data (pd) Rating Modifiers may be assigned to Health Maintenance Organizations (HMOs), Canadian, 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

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 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.
COPYRIGHT 2003 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Best's Review
Article Type:Illustration
Geographic Code:1USA
Date:Mar 1, 2003
Words:1757
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