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AM Best Places Credit Ratings of American National Insurance Company and Subsidiaries Under Review With Developing Implications

AM Best Places Credit Ratings of American National Insurance Company and Subsidiaries Under Review With Developing Implications
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AM Best Downgrades Credit Ratings of James River Group Holdings, Ltd and Subsidiaries

Press release content from Business Wire. The AP news staff was not involved in its creation. AM Best Downgrades Credit Ratings of James River Group Holdings, Ltd. and Subsidiaries May 7, 2021 GMT OLDWICK, N.J. (BUSINESS WIRE) May 7, 2021 AM Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a-” from “a” of the rated operating subsidiaries of James River Group Holdings, Ltd. (JRG Holdings) [NASDAQ: JRVR]. In addition, AM Best has downgraded the Long-Term ICR to “bbb-” from “bbb” of JRG Holdings. The outlook of these Credit Ratings (ratings) is negative. JRG Holdings is domiciled in Pembroke, Bermuda, while its subsidiaries are based in Pembroke, Richmond, VA, and Raleigh, NC. (See below for a detailed listing of the subsidiaries.)

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AM Best Comments on Credit Ratings of Crusader Insurance Company and Its Parent, Unico American Corporation, Following Leadership Change Announcement

AM Best Comments on Credit Ratings of Crusader Insurance Company and Its Parent, Unico American Corporation, Following Leadership Change Announcement
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AM Best Assigns Credit Ratings to Accelerant Specialty Insurance Company - Press Release

AM Best Assigns Credit Ratings to Accelerant Specialty Insurance Company OLDWICK, N.J. (Business Wire) AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to Accelerant Specialty Insurance Company (ASIC) (Little Rock, AR). The company is a wholly owned subsidiary of Accelerant Holdings (Accelerant) (Cayman Islands), the non-operating holding company of the Accelerant group. The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Accelerant’s consolidated balance sheet strength, which AM Best categorizes as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.

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