Ratings

AM Best assigns a Financial Strength Rating of ‘A-’ (Excellent) and a Long-Term Issuer Credit Rating of ‘a-’ (Excellent) to CareSource Reinsurance LLC (CareSource Re), based in Helena, Montana.

AM Best assigns a Long-Term Issue Credit Rating of ‘a-’ (Excellent) to the US$25 million, 7.155 per cent surplus notes issued by United Educators Insurance, a Reciprocal Risk Retention Group (United Educators). The outlook assigned to this credit rat

AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Nova Casiopea Re (NCRe). The outlook for these credit ratings is stable.

AM Best affirms the ‘A-’ (Excellent) FSR and ‘a-’ (Excellent) Long-Term ICR of Kuvare Retail Group, comprising Guaranty Income Life Insurance Company and United Life Insurance Company.

AM Best revises the outlooks to positive from stable and affirms the Financial Strength Rating of ‘B++’ (Good) and the Long-Term Issuer Credit Rating of ‘bbb+’ (Good) of Sapphire Reinsurance Company (Sapphire).

AM Best affirms the Financial Strength Rating (FSR) of 'A' (Excellent) and the Long-Term Issuer Credit Ratings (LT-ICR) of 'a' (Excellent) for Spirit Insurance Company and Radius Insurance Company. The outlook for both Credit Ratings is 'stable'.

AM Best upgrades the Long-Term Issuer Credit Rating (Long-Term ICR) of Ikal Insurance Company AG (Ikal) to ‘bbb+’ (Good) from ‘bbb’ (Good).