News Results

AM Best has affirmed the Financial Strength Rating of A+, the Long-Term Issuer Credit Rating of ?aa-? and the Mexico National Scale Rating of ?aaa.MX? of Berkley International Seguros Mexico S.A.. The outlook of these Credit Ratings is stable.

AM Best has affirmed the Financial Strength Rating of A+, the Long-Term Issuer Credit Rating of ?aa-? and the Mexico National Scale Rating of ?aaa.MX? of Berkley International Fianzas Mexico S.A.. The outlook of these Credit Ratings is stable.

AM Best has affirmed the Long-Term Issuer Credit Rating of ?a-? of W. R. Berkley Corporation (WRB) [NYSE: WRB] and all associated Long-Term Issue Credit Ratings and indicative Long-Term IRs for securities issued by W. R. Berkley (WRB). Concurrently, AM Best has assigned an FSR of A+ and a Long-Term ICR of ?aa-? to W. R. Berkley?s newly reinsured affiliate, Berkley Prestige Insurance Company.

AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Net Insurance S.p.A.. The outlook assigned to these Credit Ratings is stable.

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of National Life Insurance Company and its wholly owned subsidiary, Life Insurance Company of the Southwest.

AM Best has assigned a Financial Strength Rating of A++ and a Long-Term Issuer Credit Rating of ?aaa? to GEICO Texas County Mutual Insurance Company.

Nuveen Corporate Income 2023 Target Term Fund (JHAA) has entered the wind-up period in anticipation of its termination date. The fund has the investment objective to provide a high level of current income and to return the fund?s original $9.875 net asset value to shareholders at termination. Under normal circumstances, the fund invests at least 80% of its managed assets in corporate debt securities.

RenaissanceRe Holdings Ltd. (RNR/PF) announced today that it has agreed to sell in an underwritten public offering $750 million aggregate principal amount of 5.750% Senior Notes due 2033.

AM Best has downgraded the Long-Term Issuer Credit Rating to ?bb? from ?bb+? and affirmed the Financial Strength Rating of B of Arabia Insurance Company ? Jordan. The Credit Ratings reflect AICJ?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.

AM Best has assigned a Financial Strength Rating of B+ and a Long-Term Issuer Credit Rating of ?bbb-? to Newpoint Reinsurance Company Limited . The outlook assigned to these Credit Ratings is stable.