Ratings.
Financial Strength ABOUT BEST'S CREDIT RATINGS: A Best's Financial Strength Rating reflects A.M. Best's opinion about a company's financial strength and ability to meet is ongoing insurance policy and contract obligations. An FSR also can influence an agent's selection of policies to market. ...

S&P Harmonizes Ratings on Maritime Life Insurance.
TORONTO, March 5 /PRNewswire/ -- Standard & Poor's today announced its harmonized ratings on Maritime Life Assurance Co. (see list below). The outlook is negative. On Oct. 31, 2000, Standard & Poor's and the Canadian Bond Ratings Service (CBRS) announced that they have combined operations...

S&P Affirms BBB+ Ratings on Suez Canal; Outlook Stable.
LONDON, May 31 /PRNewswire/ -- Standard & Poor's today affirmed its triple-'B'-plus long-term counterparty credit and insurer financial strength ratings on Egypt-based Suez Canal Insurance (Suez), based on the company's extremely strong capitalization, strong operating performance, and strong business position in the Egyptian insurance market. Partially offsetting...

S&P Withdraws Chiyoda Life Ratings After Reorganization.
TOKYO, April 24 /PRNewswire/ -- Standard & Poor's today withdrew its 'R' counterparty credit and insurer financial strength ratings on Chiyoda Mutual Life Insurance Co. after confirming that the company's restructured liabilities and related assets are now managed by AIG Star Life Insurance Co. Chiyoda...

Standard & Poor's Assigns 'A+' Ratings to Himawari Life; Outlook Stable.
TOKYO, July 23 /PRNewswire/ -- Standard & Poor's today assigned its single-'A'-plus insurer financial strength and counterparty credit ratings to Yasuda Kasai Himawari Life Insurance Co. Ltd. (Himawari Life). The outlook on the counterparty credit rating is stable. The ratings are based on Himawari Life's...

S&P Removes From WatchNeg and Affirms Prudential.
NEW YORK, May 11 /PRNewswire/ -- Standard & Poor's today removed from CreditWatch and affirmed its various ratings on Prudential Assurance Co. Ltd. (PAC), its core operating subsidiaries, and its parent, Prudential PLC (see list). The outlook is negative. These ratings had been placed on...

S&P Affirms QBE Insurance Ratings After Joint Venture Plan.
MELBOURNE, Australia, March 6 /PRNewswire/ -- Standard & Poor's today affirmed its single-'A'-plus insurer financial strength and counterparty credit ratings on various underwriting entities of QBE Insurance Group Ltd. (QBE) following the announcement that it has agreed in principle to the formation of a joint-venture company with...

The non-paper chase: insurance departments nationwide are doing away with paper financial filings and urging both insurers and users to log on instead.
As the National Association of Insurance Commissioners moves toward a paperless environment--and consumers nationwide become more computer-savvy and interested in financial services as a tool for making household decisions--insurance jurisdictions across the country are following suit by revamping their Web sites and adding more consumerand eco-friendly features. ...

S&P Affirms Unigard Insurance Co, Related Pool Members 'Api'.
NEW YORK, April 6 /PRNewswire/ -- Standard & Poor's today affirmed its single-'Api' financial strength ratings on Unigard Insurance Co. and its related pool members (see list). Key rating factors include extremely strong capitalization and solid operating results, partially offset by declining premium revenues and...

S&P Cuts Sampo Industrial Ratings to BBB; Still on Watch.
LONDON, July 9 /PRNewswire/ -- Following the recent announcement that the Sampo Group is to sell Sampo Industrial Insurance N.V. to the U.K.-based Hampden Group, Standard & Poor's today lowered its long-term counterparty credit and insurer financial strength ratings on Netherlands-based Sampo Industrial Insurance to triple-'B' from...