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Credit Rating related Press Releases
A.M. Best Revises Outlook to Stable for Cooperativa de Seguros de Vida de Puerto Rico
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has revised the outlook to stable from positive and affirmed the financial strength rating of B- (Fair) and issuer credit rating of “bb-” of Cooperativa Read more...
Fitch Rates Public Storage's $400MM 5.9% Series S Preferred Stock 'A-'; Outlook Stable
NEW YORK--(BUSINESS WIRE)-- Fitch Ratings assigns a credit rating of 'A-' to the $400 million 5.9% Series S preferred stock issued by Public Storage (NYSE: PSA). Net proceeds from the offering of Read more...
A.M. Best Downgrades Issuer Credit Ratings of Cincinnati Financial Corporation and Certain Property/Casualty Subsidiaries;
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has downgraded the issuer credit ratings (ICR) to “aa-” from “aa” and affirmed the financial strength rating (FSR) of A+ (Superior) of The Cincinnati Read more...
A.M. Best Downgrades Issuer Credit Ratings of Key Life Insurance Entities of ING USA; Places Ratings Under Review With Neg
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has downgraded the issuer credit ratings (ICR) to “a” from “a+” and affirmed the financial strength rating (FSR) of A (Excellent) of the key life Read more...
Standard & Poor’s Raises Credit Rating of First Republic Bank
S&P Also Raises Rating of First Republic’s Subordinated Debt and Preferred Stock SAN FRANCISCO--(BUSINESS WIRE)-- First Republic Bank (NYSE: FRC), a leading private bank and wealth management Read more...
A.M. Best Downgrades Ratings of Community Mutual Insurance Company
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has downgraded the financial strength rating to C+ (Marginal) from B- (Fair) and the issuer credit rating (ICR) to “b-” from “bb-” of Community Mutual Read more...
A.M. Best Affirms Ratings of CIGNA Corporation and Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb” and debt ratings of CIGNA Corporation (CIGNA) (Philadelphia, PA) [NYSE: CI]. Concurrently, A.M. Read more...
Fitch: U.S. Equity REIT Bond Issuance Drought Has Limited Impact on Liquidity
NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has published a report regarding the liquidity profiles of U.S. equity real estate investment trusts (REITs), projecting that the median liquidity coverage Read more...
A.M. Best Withdraws Ratings of Apollo Casualty Company of Florida Due to Novation
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has withdrawn the financial strength rating of C++ (Marginal) and issuer credit rating of “b” of Apollo Casualty Company of Florida (Apollo of FL) Read more...
