July 29, 2021

A.M. Best upgrades ratings of Island Heritage Insurance Company Limited

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OLDWICK, N.J., Jul 29, 2014 (BUSINESS WIRE) — A.M. Best has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to “a” from “a-” of Island Heritage Insurance Company Limited (Island Heritage) (Cayman Islands). The outlook for both ratings has been revised to stable from positive. The rating […]

High end smart phone woes/InCapS AM Best rating

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Things are about to get even uglier for the high-end smartphone market By Tero Kuittinen From BGR As it happens, Samsung issued a warning about its upcoming quarterly earnings literally hours before Walmart’s decision to discount the iPhone 5c to $29, apparently permanently. Oddly enough, smartphone chip titan Qualcomm’s share price has started lagging NASDAQ […]

A.M. Best affirms ratings of Palms Insurance Company, Limited

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OLDWICK, N.J., Mar 21, 2014 (BUSINESS WIRE) — A.M. Best has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a” of Palms Insurance Company, Limited (Palms) (George Town, Cayman Islands). The outlook for both ratings remains stable. The ratings reflect Palms’ excellent risk-adjusted capitalization and history of consistently strong operating […]

A.M. Best affirms ratings of Atlas Financial Holdings, Inc. and its subsidiaries

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OLDWICK, N.J. –(BUSINESS WIRE)– A.M. Best Co. has affirmed the financial strength rating of B (Fair) and issuer credit ratings (ICR) of “bb” of American Service Insurance Company, Inc. , American Country Insurance Company (both domiciled in Elk Grove Village, IL ) and Gateway Insurance Company ( St. Louis, MO ), collectively referred to as […]