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51 Resources for

a.m. best co. and acquisition

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A.M. Best Comments on Acquisition of Great Midwest Insurance Company by Southwest Insurance Partners, Inc
OLDWICK, N.J. -- A.M. Best Co. has commented that the financial strength rating of A Excellent and the issuer credit rating of "a+" of Great Midwest Insurance Company GMIC (Byron Center, MI) are unchanged following the recent announcement that Southwest Insurance Partners Inc. SWIP (Houston, TX), a recently formed Texas...
Tags: A.M. Best Co., acquisition
Research articles 2008-02-05
A.M. Best Comments on Prudential Financial's Acquisition of CIGNA's Retirement & Investment Services Division
Business Editors OLDWICK, N.J.--BUSINESS WIRE--Nov. 18, 2003 A.M. Best Co. acknowledges Prudential Financial Inc.'s Prudential (NYSE: PRU) (Newark, NJ) recent announcement that it has reached a definitive agreement to acquire the retirement business of the CIGNA Corporation CIGNA (NYSE: CI) (Bloomfield, CT) for $2.1 billion in cash. The...
Tags: 401(k), A.M. Best Co., acquisition, Benefits, CIGNA Corp., FINANCE, Insurance, Investment, Prudential Insurance Company of America
Research articles 2003-11-18
A.M. Best Comments on Swiss Re's Ratings Following the Acquisition of GE Insurance Solutions
OLDWICK, NEW JERSEY -- A.M. Best Co. has commented that the ratings of Swiss Re Group Swiss Re Switzerland and its rated entities remain under review with negative implications; however, A.M. Best aims to resolve the under review status within the next four to six weeks, following the announcement that...
Tags: A.M. Best Co., acquisition, General Electric Co.
Research articles 2006-06-12
A.M. Best Comments on Columbia Insurance Group's Announced Acquisition
OLDWICK, N.J. -- A.M. Best Co. commented on the announcement that Columbia Mutual Insurance Company, a member of the Columbia Insurance Group Columbia Group, has entered into an definitive agreement to acquire Georgia Casualty & Surety Company and Association Casualty Insurance Company, currently owned by Atlantic American Corporation (NASDAQ: AAME).
Tags: A.M. Best Co., acquisition, Columbia
Research articles 2007-12-28
A.M. Best Places Ratings of CIGNA, Healthsource Units Under Review After Acquisition Plan is Announced
OLDWICK, N.J.--BUSINESS WIRE--Feb. 28, 1997--Effective immediately, A.M. Best Co. has placed the ratings on CIGNA Corp.'s life insurance subsidiaries and the life and HMO subsidiaries of Healthsource Inc. under review with developing implications. This action follows today's announcement of CIGNA's plan to acquire Healthsource through a tender offer. ...
Tags: A.M. Best Co., acquisition, CIGNA Corp., FINANCE, HEALTHCARE, HMO, Insurance
Research articles 1997-02-28
A.M. Best Affirms and Assigns Ratings to GUARD Insurance Group Following Its Acquisition by Clal Insurance Enterprises Holdings, Ltd
OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength ratings FSR of A- Excellent and assigned issuer credit ratings ICR of "a-" to GUARD Insurance Group GUARD and its members, which consist of AmGUARD Insurance Company AmGUARD, EastGUARD Insurance Company EastGUARD, NorGUARD Insurance Company NorGUARD and WestGUARD Insurance...
Tags: A.M. Best Co., acquisition
Research articles 2007-05-31
A.M. Best Withdraws Rating of Omni Insurance Group Due to Acquisition
OLDWICK, N.J. -- A.M. Best Co. has withdrawn the financial strength rating FSR of B+ Good and assigned a category of NR-5 Not Formally Followed to Omni Insurance Group (Atlanta, GA).
Tags: A.M. Best Co., acquisition
Research articles 2007-02-27
A.M. Best Comments on Ratings of SCOR Following Acquisition
OLDWICK, N.J. -- A.M. Best Co. has commented that the ratings of SCOR France and its rated subsidiaries remain unchanged following the announcement of its acquisition of 32.9% of the share capital of Converium Holding AG Switzerland, of which 24.6% is pending regulatory approval, and the rejection of the proposal...
Tags: A.M. Best Co., acquisition
Research articles 2007-02-21
A.M. Best Comments on the Acquisition of Heritage Indemnity Company
OLDWICK, N.J. -- A.M. Best Co. has commented that the financial strength rating of A- Excellent and the issuer credit rating of "a-" of Heritage Indemnity Company Heritage (Burbank, CA) are unchanged following the recent acquisition by Wachovia Corporation of Heritage from General Electric Company GE.
Tags: A.M. Best Co., acquisition
Research articles 2008-01-14
A.M. Best Comments on Humana's Acquisition of UnitedHealth Group's Las Vegas Medicare Business
OLDWICK, N.J. -- A.M. Best Co. has commented that the financial strength ratings, issuer credit ratings and debt ratings of Humana Inc. Humana (Louisville, KY) (NYSE: HUM) and its insurance and health maintenance organization HMO subsidiaries remain unchanged. The outlook for all ratings is negative.
Tags: A.M. Best Co., acquisition, Humana Inc., UnitedHealth Group Inc.
Research articles 2008-02-26
A.M. Best Comments on Acquisition of Direct General Group
OLDWICK, N.J. -- A.M. Best Co. has commented on the proposed transaction regarding Direct General Group's Direct General announcement that its parent company, Direct General Corporation (Nashville, TN) [NYSE: DRCT] has reached a definitive agreement to be acquired by Elara Holdings Inc. Delaware, an affiliate of Fremont Partners Fremont and...
Tags: A.M. Best Co., acquisition
Research articles 2006-12-06
A.M. Best Comments on the Acquisition of the Aon Warranty Group
OLDWICK, N.J. -- A.M. Best Co. has announced that the ratings of Virginia Surety Company, Inc. (Chicago, IL) and FFG Insurance Company Texas, which together form the Virginia Surety Group and Resource Life Insurance Company Illinois, remain unchanged following the announcement by Aon Corporation that it has reached a definitive...
Tags: A.M. Best Co., acquisition
Research articles 2006-06-30
A.M. Best Comments on ACE's Acquisition of Combined Insurance Company of America
OLDWICK, N.J. -- A.M. Best Co. commented on the announcement that ACE INA Holdings Inc. Delaware, a subsidiary of ACE Limited ACE {NYSE:ACE} Cayman Islands, has agreed to acquire Combined Insurance Company of America CICA and its subsidiaries from Aon Corporation Aon (Chicago, IL) for $2.4 billion or approximately two...
Tags: A.M. Best Co., acquisition
Research articles 2007-12-17
A.M. Best Comments on the Acquisition of Winterthur Group by AXA
OLDWICK, N.J. -- A.M. Best Co. has commented that the ratings of Winterthur Swiss Insurance Company Switzerland and its core subsidiary, Winterthur Life Insurance Company Switzerland, collectively known as Winterthur Group, remain unchanged following the announcement that the group is to be acquired by AXA.
Tags: A.M. Best Co., acquisition
Research articles 2006-06-15
A.M. Best Comments That Mapfre's Rating Remains Unchanged Following Acquisition of Commerce Group
OLDWICK, N.J. -- A.M. Best Co. has commented that the issuer credit rating ICR of "a" of Mapfre S.A. (formerly Corporacion Mapfre S.A., the holding company of the Mapfre group) Spain remains unchanged following the announcement that Mapfre intends to acquire Commerce Group (currently rated with an FSR of A+...
Tags: A.M. Best Co., acquisition
Research articles 2007-11-01
A.M. Best Affirms Great States Insurance Following Acquisition Announcement
OLDWICK, N.J.--BUSINESS WIRE--July 8, 1998--A.M. Best Co. today affirmed its "B+" Very Good rating on Great States Insurance Co., following the recent announcement that HIH Winterthur International Holdings has agreed to acquire all of Great States' outstanding stock from PacifiCareHealth Systems Inc.
Tags: A.M. Best Co., acquisition, insurance
Research articles 1998-07-08
A.M. Best Comments on the Announced Acquisition of James River Group, Inc. by the D. E. Shaw Group
OLDWICK, N.J. -- A.M. Best Co. has commented that the financial strength rating FSR of A- Excellent and the issuer credit ratings ICR of "a-" of James River Group, Inc.'s James River (Chapel Hill, NC) [NASDAQ: JRVR] separately rated operating subsidiaries, James River Insurance Company JRIC Ohio and Stonewood Insurance...
Tags: A.M. Best Co., acquisition
Research articles 2007-06-12
A.M. Best Places Hannover Re, Clarendon Ratings Under Review On Announcement of Acquisition
OLDWICK, N.J.--BUSINESS WIRE--Aug. 28, 1998--A.M. Best Co. today placed the "A+" Superior rating of Hannover Re, Germany, together with the "A+" Superior ratings of E+S Rueckversicherungs AG, Hannover Re Ireland Ltd. and E+S Reinsurance Ireland Ltd., under review with developing implications. A.M. Best has also placed the "A-" Excellent rating...
Tags: A.M. Best Co., acquisition, Superior
Research articles 1998-08-28
A.M. Best Comments on Universal American's Proposed Acquisition of MemberHealth
OLDWICK, N.J. -- A.M. Best Co. has commented that the issuer credit rating ICR of "bb" on holding company Universal American Financial Corporation Universal American (Rye Brook, NY) [NASDAQ: UHCO] and the financial strength ratings of B++ Good and B+ Good and ICRs of "bbb" and "bbb-" on Universal American's...
Tags: A.M. Best Co., acquisition
Research articles 2007-05-08
A.M. Best Affirms Great States Insurance Following Acquisition Announcement
OLDWICK, N.J.--BUSINESS WIRE--July 8, 1998--A.M. Best Co. today affirmed its "B+" Very Good rating on Great States Insurance Co., following the recent announcement that HIH Winterthur International Holdings has agreed to acquire all of Great States' outstanding stock from PacifiCareHealth Systems Inc.
Tags: A.M. Best Co., acquisition
Research articles 1998-07-08
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