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OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to stable from negative for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B (Fair) and the Long-Term ICRs of “bb+” (Fair) of The California Casualty Indemnity Exchange (San Mateo, CA) and its wholly owned subsidiaries: California Casualty General Insurance Company of Oregon (Portland, OR), California Casualty & Fire Insurance Company (San Mateo, CA) and California Casua...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa” (Superior) of Assured Guaranty Re Overseas Ltd. (AGRO) (Bermuda). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect AGRO’s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). AGRO’s risk-adjuste...

ATLANTA--(BUSINESS WIRE)--Accelerant Holdings (“Accelerant”) announced today the closing of its upsized initial public offering of 39,630,324 of its Class A common shares, par value $0.0000011951862 per share (the “Common Shares”), at a price to the public of $21.00 per Common Share. The offering consisted of 20,276,280 Common Shares offered by Accelerant and 19,354,044 Common Shares sold by certain of Accelerant’s existing shareholders (the “Selling Shareholders”), which includes 5,169,172 Com...

OLDWICK, N.J.--(BUSINESS WIRE)--The July issue of Best’s Review includes the following exclusive rankings: Top 20 Global Brokers – 2025 Edition Top 200 US Property/Casualty Writers – 2025 Edition Top 200 US Life/Health Insurers – 2025 Edition Top 75 U.S. and Canada Public Insurers – 2025 Edition Ranked by 2024 assets. Ranked by 2024 revenue. World’s Largest Insurance Companies – 2025 Edition Ranked by 2023 net nonbanking assets. Ranked by 2023 net premiums written. Top 25 U.S. Holding Companies...

WATERLOO, Iowa--(BUSINESS WIRE)--HOMELINK, a leading provider of integrated specialty services for workers’ compensation and group health, is pleased to announce the addition of Derek Ferrell as director of provider network development and relations. He brings deep expertise in network development and enhancement, contract and claims negotiation, and network operations to the company. “Derek’s wealth of experience and fresh perspective will be key to further building our top-tier national netwo...

SINGAPORE--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Dhipaya Insurance Public Company Limited (Dhipaya) (Thailand). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Dhipaya’s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management. Dhipaya’s balance...

HONG KONG--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Hanwha General Insurance Company Limited (HGI) (South Korea). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect HGI’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. The ratings also reflec...

SINGAPORE--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of “bbb-” (Good) to PPS Mutual Limited (PPS Mutual) (New Zealand). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect PPS Mutual’s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). In addition, the ratings...

SINGAPORE--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of United Overseas Insurance Limited (UOI) (Singapore). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect UOI’s balance sheet strength, which AM Best assesses as very strong, as well as its very strong operating performance, neutral business profile and appropriate enterprise risk management. In addition, UOI’s rati...

RICHMOND, Va.--(BUSINESS WIRE)--Genworth Issues Statement on Favorable Ruling for AXA in UK Payment Protection Insurance Case...