Philadelphia Insurance Companies


BestWeek/BestReview Subscription Required Best’s Special Report: New Regulation May Impact Life/Annuity Sales Practices and Products in New York State

Insurers selling life and annuity contracts in New York state will likely face additional overhead costs and a learning curve for sales staff under a new regulation geared toward increased consumer awareness that is set to take effect in August 2019, according to a new A.M. Best report. November 9, 2018 Full Story


Oliver Bate

BestWeek/BestReview Subscription Required Allianz CFO: Strong Results Tempered by Underwriting Problems in US Commercial Lines

Growth has been strong in most lines for Allianz SE as catastrophe losses improved, despite problems in the commercial lines segment, said the group’s chief financial officer. November 9, 2018 Full Story

BestWeek/BestReview Subscription Required Best’s Briefing: Cancellation of Mexico City Airport Project Triggers Negative Signal for the Peso and Markets

While a decision to cancel the completion of a multi-billion government airport project in Mexico City has placed pressure on the peso exchange rate and the equity and fixed-income markets, it will not have a material impact on A.M. Best’s assessment of the country’s risk level. November 9, 2018 Full Story

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  • BestWeek/BestReview Subscription Required A.M. Best Affirms Credit Ratings of StarStone Insurance Bermuda Limited and Its Subsidiaries: A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of StarStone Insurance Bermuda Limited (StarStone) (Bermuda) and its subsidiaries, StarStone Insurance SE (Liechtenstein), StarStone Specialty Insurance Company (StarStone Specialty) and StarStone National Insurance Company (StarStone National). The outlook of these Credit Ratings (ratings) remains stable. StarStone Specialty and StarStone National are domiciled in Wilmington, Delaware, USA. Full Story
  • BestWeek/BestReview Subscription Required A.M. Best Revises Outlooks to Stable for Global Bankers Insurance Group’s Insurance Subsidiaries: A.M. Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” of Colorado Bankers Life Insurance Company (CBL) (Durham, NC). Concurrently, A.M. Best has revised the outlook to stable from positive and affirmed the FSR of B (Fair) and the Long-Term ICR of “bb+” of Bankers Life Insurance Company (Bankers Life) (headquartered in St. Petersburg, FL). CBL and Bankers Life are subsidiaries of Global Bankers Insurance Group (GBIG). Full Story
  • BestWeek/BestReview Subscription Required A.M. Best Upgrades Credit Ratings of Certain American National Group Members; Affirms Credit Ratings of American National Ins Co: A.M. Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” from “a-” of American National Life Insurance Company of Texas. A.M. Best also has upgraded the Long-Term ICRs to “a+” from “a” and affirmed the FSR of A (Excellent) of American National Life Insurance Company of New York (Glenmont, NY) and Standard Life and Accident Insurance Company. In addition, A.M. Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” of American National Insurance Company (ANICO) [NASDAQ: ANAT]. These companies are collectively referred to as American National Group (ANG). A.M. Best also has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a” of Garden State Life Insurance Company (League City, TX). The outlook of these Credit Ratings (ratings) is stable. All the above companies are headquartered in Galveston, TX unless otherwise noted. Full Story

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