A.M. Best affirms ratings of Gerling primary cos.

From: Canadian Underwriter | Date: February 1, 2003| Author: | Copyright information

Rating agency AM. Best has affirmed its JA- (excellent)" financial rating of Gerling-Konzem Allgemeine Versicherungs AG (GKA) and its primary insurance subsidiaries of Gerling Canada Insurance Co. and Gerling America Insurance Co.

A.M. Best cites Gerling's leading position in industrial insurance coverage coupled with the groups recently announced restructuring plans as the prime strengths of the group. The rating agency believes that Gerling can benefit from the current capacity shortage in the specialist industrial insurance marketplace, while at the same time maximizing on profitability ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

Reinsurance broker plays rating agency.(Reinsurance)
; Christopher Klein, who was a rating agency analyst at Fitch before he joined Benfield...own work as well. Relying solely on rating agency assessments can result in disappointment...company, he said. The problem with rating agency ratings is that they tend to fall off...
Rating agency cautious of 2001 fin recovery
; ...Accountants Association meeting, rating agency A.M. Best described 2001 as likely...dustry's 2000 financial year return, the rating agency points out that reserve redundancies...auto market, and the Maritimes, the rating agency says.
Fed: Costello surplus plan wins support from rating agency
; ...Costello surplus plan wins support from rating agency CANBERRA, Nov 17 AAP - The federal...has won support from an international rating agency, bolstering Treasurer Peter Costello...strengthened by an assessment from rating agency Standard and Poor's that the bigger...
Fed: Swan says rating agency gives Labor seal of approval
; ...Australia) 11-23-2007 Fed: Swan says rating agency gives Labor seal of approval CANBERRA...approval from an international credit rating agency. The opposition says US-based Fitch...Finance and the world's oldest credit rating agency makes a mockery of the Howard government...
Vic: Rating agency backs new Vic government
; ...Australia) 12-20-1999 Vic: Rating agency backs new Vic government MELBOURNE...AAP - International credit rating agency Standard and Poor's had endorsed...in some areas, she said. The rating agency noted that Victoria's debt...
Regulators urge changes in rating agency workings.(News)
; ...federal and state legislators. The NAIC's Rating Agency Working Group stated in a recent comment...securities that a commission-appointed rating agency considers to be the highest quality...about improving the transparency of the rating agency designation process, including ...
NSW: Govt must stick to budget restraints: rating agency
; AAP General News (Australia) 06-23-1999 NSW: Govt must stick to budget restraints: rating agency Rating agency Standard & Poor's has praised the financial restraint in the New South Wales budget but questioned the...
CREDIT RATING AGENCY TRANSPARENCY AND COMPETITION:ALEX J. POLLOCK
; ...competition and create a more competitive rating agency sector. I am Alex Pollock, a Resident...secondary mortgage market, but the rating agency sector is equally pertinent. Competitive...choice. But what do we find in the rating agency sector? As Professor Larry White of...
Federated debt on 'Fitch Alert.'(Fitch rating agency rating of Federated Department Stores' debt)(Brief Article)
; NEW YORK -- The Fitch rating agency placed Federated Department Stores, $500 million BBB senior...investment-grade bondholder protection levels, Fitch said. The rating agency will meet with management to discuss the company's plans to...
California warned by credit rating agency
; California warned by credit rating agency From The Associated Press, Bloomberg News and wire service reports Saturday, October...force government cutbacks to preserve the state's financial clout, a major credit rating agency warned Friday.