Economy - Finance > Credit

AM Best Affirms Credit Ratings of MS Amlin AG and Lloyd's Syndicate 2001

1 month ago   |   By A.M. Best

AM Best has affirmed the Financial Strength Ratings of A and the Long-Term Issuer Credit Ratings of “a+” of MS Amlin AG , and Lloyd's Syndicate 2001 (Syndicate ...
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AM Best Affirms Credit Ratings of MS&AD Insurance Group Holdings, Inc.'s Main Operating and US Subsidiaries

1 month ago   |   By A.M. Best

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of “aa” of Mitsui Sumitomo Insurance Company, Limited ...
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Following RSA Closing, Intact, Tryg to Sell Danish Insurer Codan DK for $2.08 Billion

1 month ago   |   By A.M. Best

A company co-owned by Intact Financial Corp. and Tryg A/S agreed to sell Danish insurer Codan DK to Alm. Brand A/S for C$2.52 billion .
The seller, Scandi JV Co 2 A/S, is co-owned ...
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AM Best Affirms Credit Ratings of California Ins Co and Affiliates; Assigns Ratings to Oklahoma P and C Ins Co, Ashmere Ins Co

1 month ago   |   By A.M. Best

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of “a” of California Insurance Company (Foster City, ...
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AM Best Affirms Credit Ratings of DTRIC Insurance Company, Limited and DTRIC Insurance Underwriters, Limited

1 month ago   |   By A.M. Best

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of “a-” of DTRIC Insurance Company, Limited , and its reinsured ...
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AMC rises as S&P upgrades the Reddit favorite, citing a path to sustainability for the theater operator

AMC rises as S&P upgrades the Reddit favorite, citing a path to sustainability for the theater operator

1 month ago   |   By Business Insider

Summary List Placement AMC shares climbed Friday, bolstered by an upgrade of its credit rating at S&P Global Ratings which said fundraising by the company should help put the movie-theater chain on steadier financial footing.
Shares of AMC gained 6.3% to $45.51 in premarket trade and rose as much as 8%. The company's rating was lifted to CCC+ from CCC-, a move that still keeps the rating within the high-risk, or so-called junk bonds, category. Key to the improvement was AMC's raising of $1.8 billion in total equity this year, including $818 million in proceeds last week.
"If the company...
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AMC rises as S&P upgrades the Reddit favorite, citing a path to sustainability for the theater operator

AMC rises as S&P upgrades the Reddit favorite, citing a path to sustainability for the theater operator

1 month ago   |   By Business Insider

Summary List Placement AMC shares climbed Friday, bolstered by an upgrade of its credit rating at S&P Global Ratings which said fundraising by the company should help put the movie-theater chain on steadier financial footing.
Shares of AMC gained 6.3% to $45.51 in premarket trade and rose as much as 8%. The company's rating was lifted to CCC+ from CCC-, a move that still keeps the rating within the high-risk, or so-called junk bonds, category. Key to the improvement was AMC's raising of $1.8 billion in total equity this year, including $818 million in proceeds last week.
"If the company...
Read more ...

 

AM Best Upgrades Credit Ratings of Security Mutual Insurance Company and Pittstown Cooperative Fire Insurance Company

1 month ago   |   By A.M. Best

AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Ratings to “a” from “a-” of Security Mutual Insurance ...
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