Return on equity

AM Best Affirms Credit Ratings of Continental Reinsurance Plc

Retrieved on: 
Thursday, December 7, 2023
Insurance, Professional Services, Return on equity, ERM, Credit, AM Best, FX, NGN, Growth, Erosion, Good, News, ALL, CRE, Bank

AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Continental Reinsurance Plc (CRe) (Nigeria).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Continental Reinsurance Plc (CRe) (Nigeria).
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best Assigns Credit Ratings to Mongolian National Reinsurance JSC

Retrieved on: 
Friday, December 1, 2023
Insurance, Professional Services, Ministry, Return on equity, World Bank, ROE, ERM, MOF, MNT, Risk, Credit, Mortality, Weather, GWP, AM Best, Communication, Aviation, News, ALL, Livestock, Risk management, Reinsurance

AM Best has assigned the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) to Mongolian National Reinsurance JSC (Mongolian Re) (Mongolia).

Key Points: 
  • AM Best has assigned the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) to Mongolian National Reinsurance JSC (Mongolian Re) (Mongolia).
  • Mongolian Re broadened its business scope in 2018 to include additional reinsurance lines of business such as property, motor, aviation, liability and personal accident.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best Affirms Credit Ratings of Primerica, Inc. and Its Subsidiaries

Retrieved on: 
Wednesday, November 15, 2023
Professional Services, Insurance, Finance, Medicare Advantage, Return on equity, Medigap, NYSE, Risk management, Investment, Credit, AM Best, Superior, Medicare, News, ALL, Primerica, Mississauga

AM Best also has affirmed the Long-Term Issue Credit Rating of “a-” (Excellent) on $600 million, 2.8% senior unsecured notes, due 2031, of Primerica.

Key Points: 
  • AM Best also has affirmed the Long-Term Issue Credit Rating of “a-” (Excellent) on $600 million, 2.8% senior unsecured notes, due 2031, of Primerica.
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best Removes From Under Review with Negative Implications and Affirms Credit Ratings of Mercantil Seguros y Reaseguros, S.A.

Retrieved on: 
Thursday, November 9, 2023
Professional Services, Insurance, Finance, Return on equity, Capital Bank, Pressure, Acquisition, Mercantil Servicios Financieros, Risk management, Credit, AM Best, Health, Good, News, ALL, Security (finance), S.A

AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Mercantil Seguros y Reaseguros, S.A. (Mercantil Seguros) (domiciled in Panama).

Key Points: 
  • AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Mercantil Seguros y Reaseguros, S.A. (Mercantil Seguros) (domiciled in Panama).
  • Mercantil Holding Financiero Internacional, S.A. runs the group’s international operations and is controlled by ultimate parent Mercantil Servicios Financieros Internacional, S.A. (MSFI).
  • The under review with negative implications status pertained to the uncertain impact on Mercantil Seguros from MSFI’s post-transaction capital structure, as well as integration risk.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .

AM Best Removes From Under Review with Negative Implications and Affirms Credit Ratings of Mercantil Reaseguradora Internacional, S.A.

Retrieved on: 
Thursday, November 9, 2023
Insurance, Professional Services, Return on equity, Capital Bank, Pressure, Mercantil Servicios Financieros, ERM, Credit, AM Best, Good, News, ALL, Security (finance), Risk management, S.A

The outlook assigned to these Credit Ratings (ratings) is negative.

Key Points: 
  • The outlook assigned to these Credit Ratings (ratings) is negative.
  • Mercantil Holding Financiero Internacional, S.A. runs the group’s international operations and is controlled by ultimate parent Mercantil Servicios Financieros Internacional, S.A. (MSFI).
  • The under review with negative implications status pertained to the uncertain impact on Mercantil Re from MSFI post-transaction capital structure, as well as integration risk.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .

AM Best Affirms Credit Ratings of Luen Fung Hang Insurance Company Limited

Retrieved on: 
Friday, October 20, 2023
Consulting, Professional Services, Insurance, Finance, Return on equity, AM Best, Credit, News, LFH, GPW, AM, Risk management, COVID-19, Overalls, Communication, ALL, Bank

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Luen Fung Hang Insurance Company Limited (LFH) (Macau).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Luen Fung Hang Insurance Company Limited (LFH) (Macau).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

AM Best Affirms Credit Ratings of MAPFRE S.A.’s Rated Operating Subsidiaries

Retrieved on: 
Wednesday, October 18, 2023
Consulting, Professional Services, Insurance, Finance, ICRS, Return on equity, AM Best, Credit, FSR, Risk management, Risk, EUR, MAPFRE, Reinsurance

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of MAPFRE S.A.’s (MAPFRE) rated operating subsidiaries.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of MAPFRE S.A.’s (MAPFRE) rated operating subsidiaries.
  • The outlook of these Credit Ratings (ratings) is stable.
  • The ratings reflect MAPFRE’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favourable business profile and appropriate enterprise risk management.
  • MAPFRE’s operating performance is strong, demonstrated by the 10-year (2013-2022) weighted average return-on-equity and combined ratios of 10.6% and 96.5%, respectively (as calculated by AM Best).

AM Best Affirms Credit Ratings of Zavarovalnica Triglav d.d. and Pozavarovalnica Triglav Re, d.d.

Retrieved on: 
Friday, September 15, 2023
Insurance, Professional Services, AM Best, ALL, ERM, Return on equity, Zavarovalnica Triglav, Tax, Credit, Sale, EUR, Flood, AM, News, Geography, Risk management, Triglav

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Zavarovalnica Triglav d.d.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Zavarovalnica Triglav d.d.
  • (Triglav), the operating holding company of the Triglav group, and Pozavarovalnica Triglav Re, d.d.
  • The ratings of Triglav Re factor in its strategic importance to Triglav, together with its strong integration into the group.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .

AM Best Affirms Credit Ratings of Abu Dhabi National Insurance Company P.J.S.C.

Retrieved on: 
Thursday, September 7, 2023
Insurance, Professional Services, AM Best, ALL, Return on equity, Risk management, Credit, ADNIC, USD, GWP, AED, AM, Growth, News, United Arab Emirates, Reinsurance

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Abu Dhabi National Insurance Company P.J.S.C.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Abu Dhabi National Insurance Company P.J.S.C.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

AM Best Affirms Credit Ratings of Sigurd Rück AG

Retrieved on: 
Thursday, August 10, 2023
Banking, Professional Services, Insurance, Finance, Good, AM Best, ALL, Return on equity, Risk management, Credit, AM, News, Saipem

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Sigurd Rück AG (Sigurd) (Switzerland).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Sigurd Rück AG (Sigurd) (Switzerland).
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .