Tag : AM Best

AM Best Withdraws Credit Ratings of Capacity Insurance Company
InsurTech News

AM Best Withdraws Credit Ratings of Capacity Insurance Company

Fintech News Desk
by Fintech News Desk0
AM Best has downgraded the Financial Strength Rating to C++ (Marginal) from B (Fair) and the Long-Term Issuer Credit Rating to “b” (Marginal) from “bb+” (Fair) of Capacity Insurance Company (Capacity) (Sunrise, FL). The outlook of these Credit Ratings (ratings) is negative. Concurrently, AM Best has withdrawn these ratings as the......
AM Best Affirms Credit Ratings of Suez Canal Insurance
InsurTech News

AM Best Affirms Credit Ratings of Suez Canal Insurance

Fintech News Desk
by Fintech News Desk0
AM Best has affirmed the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of “bb-” (Fair) of Suez Canal Insurance (SCI) (Egypt). The outlook of these Credit Ratings (ratings) is stable. Latest Fintech News: Burke & Herbert Bank & Trust Company Announces Intent to Form Holding Company The......
Best’s Market Segment Report: Stock Market Volatility Puts Focus on Equity Price Risking Japan’s Non-Life Insurance Market
Fintech InsurTech News

Best’s Market Segment Report: Stock Market Volatility Puts Focus on Equity Price Risking Japan’s Non-Life Insurance Market

Fintech News Desk
by Fintech News Desk0
High common stock leverage among each of Japan’s major non-life insurers brings systematic equity price risk into greater consideration, given the current COVID-19-driven stock market volatility, according to an AM Best special report. Read More: GlobalFintechSeries Interview with Erick Pinos, Ecosystem Lead at Ontology “Japan Non-Life: Robust Capitalisation to Weather Stock Market......
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