OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issue Credit Rating of “bbb+” (Good) to the $300 million, 7% surplus notes, due October 2064, issued by Farmers Insurance Exchange ...
The rating of the surplus notes considers the strength of the structure's equity which consists of an initial capital contribution by SBLI of MA into SBLI Re and any retained earnings from the ceded ...
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of Massachusetts ...
KBRA assigns a preliminary rating of "BBB” with Stable outlook to surplus notes (“Notes”) to be issued by Clear Blue Specialty Insurance Company (CBSIC) (KBRA Insurance Financial Strength Rating: ...
AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “aa” (Superior) to the $1 billion, 6.17% surplus notes, due 2055, issued by The Northwestern Mutual Life Insurance Company ...
Jan 11 (Reuters) - MBIA Insurance Corp., a unit of MBIA Inc. , on Friday sold $1.0 billion in 25-year surplus notes in the 144a private placement market, said market sources. J.P. Morgan, Lehman ...
AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” (Superior) of Mutual of Omaha Insurance Company and its subsidiaries, United of ...