AM Best has upgraded the long-term issuer credit ratings (ICR) to “a+” (Excellent) from “a” (Excellent) and affirmed the financial strength rating of A (Excellent) of Zenith Insurance and ZNAT Insurance
SJ is the core operating unit of Tokyo-based SOMPO Holdings
Maxseguros is a single-parent captive insurer owned by Empresas Públicas de Medellín
AM Best says the ratings reflect COSCO SHIPPING captive’s balance sheet strength
The ratings also reflect its parental support from State Farm
AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Rembrandt
AM Best has assigned a financial strength rating of B++ (Good), and a long-term issuer credit rating of “bbb+” (Good) to Patria Re US