Articles from AM Best

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the life/health insurance subsidiaries of Prudential Financial, Inc. (PFI) (Newark, NJ) [NYSE: PRU], collectively referred to as Prudential. Concurrently, AM Best has affirmed the Long-Term ICR of “a-” (Excellent) of PFI and all Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of the group. The outlook of these Credit Ratings (ratings) is stable. (Please see below for a detailed listing of the companies and ratings.)

AM Best has maintained the under review with developing implications status for the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of TruSpire Retirement Insurance Company (TruSpire) (Irving, TX).

AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” (Excellent) to Tokio Marine Newa Insurance Co., Ltd. (TMNewa) (Taiwan). The outlook assigned to these Credit Ratings (ratings) is stable.

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of MSIG Europe SE (MSIG Europe) (Belgium). The outlook of these Credit Ratings (ratings) is stable.

AM Best has upgraded the Performance Assessment (assessment) to PA-2 (Excellent) from PA-3 (Strong) of Kay International AMEA Limited (Kay) (United Arab Emirates). The outlook of the assessment is stable.

AM Best will be exhibiting at Buffalo I-Day 2026 in Buffalo, New York, on April 23.

Pressured in part by rising claims severity and social inflation, the U.S. medical professional liability (MPL) segment reported another year of increased underwriting losses as direct premium growth slowed, according to a new AM Best report.

AM Best has revised the outlook to positive from stable and affirmed the Performance Assessment (assessment) of PA-3 (Strong) of Redbridge Group, LLC (Redbridge) (Coral Gables, FL).

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Calix Re Limited (Calix Re) (Bermuda). The outlook assigned to these Credit Ratings (ratings) is stable.

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Interamericana de Fianzas y Seguros, S.A. (IFS) (Panama).

AM Best will host a complimentary market briefing on the state of Florida’s property/casualty market ahead of the start of hurricane season, on Thursday, May 21, 2026.

AM Best has removed from under review with negative implications and affirms the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) of The Northern Neck Insurance Company (NNIC) (Irvington, VA). Concurrently, AM Best has assigned an FSR of A- (Excellent) and a Long-Term ICR of “a-” (Excellent) to Frederick Mutual Insurance Company (Fredrick) (Frederick, MD). The outlook assigned to these Credit Ratings (ratings) is stable. These companies comprise a newly formed group, Northern Neck Group.

Strong U.S. annuity sales have shifted the reserve profile for many U.S. life/annuity companies, with asset risk forming a greater share of required capital composition in AM Best’s capital model, Best’s Capital Adequacy Ratio (BCAR), and leading to weaker scores for some life/annuity companies. At the same time, according to a new report, BCAR scores have shown to not always correlate with the end-result balance sheet assessment, highlighting the impact of other factors on the overall analysis.

AM Best has maintained its stable outlook on Spain’s life insurance segment, noting that the positive interest rate environment over the last two years has been one of the primary drivers of the segment’s recovery.

AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a” (Excellent) of Auto Club Insurance Association (Dearborn, MI) and its wholly owned subsidiaries and affiliates, which are collectively referred to as Auto Club Group (ACG).

AM Best has assigned a Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of “bbb-” (Good) to American Steamship Owners Mutual Protection and Indemnity Association, Inc. (American Club) (New York, NY). The outlook assigned to these Credit Ratings (ratings) is stable.

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of the members of The Progressive Corporation (Progressive) (Mayfield Village, OH) [NYSE: PGR]. Additionally, AM Best has affirmed the Long-Term ICR of “a” (Excellent) of Progressive, the parent holding company, and all of the Long-Term Issue Credit Ratings (Long-Term IR) of Progressive’s senior unsecured issuances. Concurrently, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) of Protective Insurance Company (Carmel, IN) and its wholly owned subsidiaries, collectively known as Protective Insurance Corporation Group (Protective). AM Best also has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of National Continental Insurance Company (National Continental) (Bohemia, NY). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies and ratings.)

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of Sun Life Assurance Company of Canada (Sun Life) (Ontario, Canada) and Sun Life and Health Insurance Company (U.S.) (Lansing, MI). These companies are the core insurance subsidiaries of Sun Life Financial Inc. (SLF) (Ontario, Canada) [NYSE: SLF] (collectively referred to as Sun Life Group). Concurrently, AM Best has affirmed the Long-Term ICR of “a” (Excellent) and the Long-Term Issue Credit Ratings (Long-Term IRs) of SLF. The outlook of these Credit Ratings (ratings) is stable. (Please see below for a detailed listing of the Long-Term IRs.)

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Tokio Marine GRV Re, Inc. (TMGRV Re) (Oklahoma City, OK). The outlook of these Credit Ratings (ratings) is stable.

AM Best will participate at the 2026 Howard University School of Business Center’s Insurance Education Financial Services, Insurance, and Risk Management (FIRM) Symposium, taking place May 10-15, 2026, in Philadelphia, PA.

AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a+” (Excellent) from “a-” (Excellent) of IQUW Re Bermuda Limited (Starr Re) (Bermuda). The outlook assigned to these Credit Ratings (ratings) is positive.

AM Best has placed under review with positive implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Obsidian Specialty Insurance Company (Delaware) and its pooling affiliates, Obsidian Insurance Company (Ohio) and Obsidian Pacific Insurance Company (Delaware). These companies collectively comprise Obsidian Insurance Group (Obsidian).

AM Best will host an analytical briefing on the state of the U.S. medical professional liability (MPL) insurance sector on Thursday, May 7, 2026, at 2 p.m. (EDT).

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa-” (Superior) of the members of Old Republic Insurance Companies (Old Republic). Concurrently, AM Best has affirmed the FSR of A+ (Superior) and the Long-Term ICRs of “aa-” (Superior) of Old Republic National Title Insurance Company (Tampa, FL) and American Guaranty Title Insurance Company (Oklahoma City, OK) (collectively referred to as Old Republic Title Insurance Group [ORTIG]). In addition, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” (Excellent) of Old Republic Life Insurance Company (ORL) (Chicago, IL). At the same time, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of Old Republic Insurance Company of Canada (Old Republic Canada) (Hamilton, Ontario). The outlook of these Credit Ratings (ratings) is stable.

AM Best has affirmed the Financial Strength Rating of B++ (Good), the Long-Term Issuer Credit Rating of “bbb+” (Good), and the Vietnam National Scale Rating of aaa.VN (Exceptional) of Vietnam National Reinsurance Corporation (VINARE) (Vietnam). The outlook of these Credit Ratings (ratings) is stable.

AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of New Zealand Medical Indemnity Insurance Limited (NZMII) (New Zealand). The outlook of these Credit Ratings (ratings) is stable.

AM Best Managing Director Greg Williams will join a panel discussion during The Insurer’s upcoming Program Manager Conference and Awards on May 21, 2026, at Convene Brookfield Place in New York City, NY.

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Guild Insurance Limited (GIL) (Australia). The outlook of these Credit Ratings (ratings) is stable.

AM Best will exhibit at The BIBA Conference, which will take place 13-14 May 2026, in Manchester, United Kingdom.

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Biglari Reinsurance Ltd. (Bermuda) and its reinsured affiliates, First Guard Insurance Company (First Guard) (Scottsdale, AZ) and Southern Pioneer Property and Casualty Insurance Company (Southern Pioneer) (Jonesboro, AR). The outlook of these Credit Ratings (ratings) is stable. These companies are collectively referred to as Biglari Re.

AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of the members of Argo Group (Argo) (New York, NY). Concurrently, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICRs of “a” (Excellent) of American National Property and Casualty Company (Lincoln, NE) and its affiliates and subsidiaries, which are collectively referred to as the Farm Family Insurance Group (Farm Family). In addition, AM Best has affirmed the Long-Term ICR of “bbb-” (Good) of Clearbrook Group Holdings, Inc. (Clearbrook) (Delaware) (formerly Argo Group International Holdings, Inc.). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies).

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Tower Limited (Tower) (New Zealand). The outlook of these Credit Ratings (ratings) is stable.

AM Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating to “bbb” (Good) from “a-” (Excellent) of Fenchurch General Insurance Company (Fenchurch) (Toronto, Canada). The outlook of these Credit Ratings (ratings) is stable.

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Lion Reinsurance Company Limited (Lion Re) (Bermuda). The outlook of these Credit Ratings (ratings) is stable.

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of ASSA Compañía de Seguros S.A. (ASSA) (Panama City, Panama). The outlook of these Credit Ratings (ratings) is stable.

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of DTRIC Insurance Company, Limited (DTRIC) and its reinsured affiliate, DTRIC Insurance Underwriters, Limited. The outlook of these Credit Ratings (ratings) is stable. Both companies are domiciled in Honolulu, HI. Concurrently, AM Best has withdrawn these ratings as these companies have requested to no longer participate in AM Best’s interactive rating process.

AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a” (Excellent) from “bbb” (Good) of Louisiana Farm Bureau Insurance Company (Louisiana) (Baton Rouge, LA). The outlook assigned to these Credit Ratings (ratings) is stable.

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of The Tokio Marine and Nichido Fire Insurance Company (China) Limited (TMNCH) (China). The outlook of these Credit Ratings (ratings) is stable.

AM Best has placed under review with negative implications the Financial Strength Rating of B++ (Good), the Long-Term Issuer Credit Rating of “bbb” (Good) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Bao Minh Insurance Corporation (BMI).

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (ICR) of “a+” (Excellent) of Shinkong Insurance Company Limited (Shinkong Insurance) (Taiwan). The outlook of these Credit Ratings (ratings) is stable.

AM Best will sponsor, exhibit and join a session at the Society of Insurance Research’s 2026 Annual Conference, which will take place May 17-19, 2026, in Kansas City, MO.

AM Best has assigned a Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of “bbb-” (Good) to Ocean Marine Indemnity Company (OMI) (Metairie, LA). The outlook assigned to these Credit Ratings (ratings) is stable.

AM Best will attend and participate in a panel discussion at the Fédération des Agences de Souscription Européennes’ (FASE) inaugural MGA Rendezvous, to be held in Barcelona, Spain, on 11-12 May 2026. The MGA Rendezvous will bring together key participants in the European delegated underwriting authority enterprises (DUAE) market, including managing general agents and (re)insurers.

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Acerta Compañia de Seguros, S.A. (Acerta) (Panama City, Panama). The outlook of these Credit Ratings (ratings) is stable.

AM Best has upgraded the Financial Strength Rating (FSR) to B++ (Good) from B (Fair) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “bbb” (Good) from “bb+” (Fair) of Germania Farm Mutual Insurance Association and its subsidiaries: Germania Fire & Casualty Company, Germania Insurance Company and Germania Select Insurance Company. Collectively, these companies comprise Germania Mutual Group (Germania). Concurrently, AM Best has upgraded the FSR to B+ (Good) from B (Fair) and the Long-Term ICR to “bbb-” (Good) from “bb+” (Fair) of Germania Property & Casualty Insurance Company (GPC), a wholly owned subsidiary of Germania Farm Mutual Insurance Association. At the same time, AM Best has upgraded the FSR to B+ (Good) from B (Fair) and the Long-Term ICR to “bbb-” Good) from “bb+” (Fair) of Germania Life Insurance Company (Germania Life). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. All companies are domiciled in Brenham, TX.

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) of The Wawanesa Mutual Insurance Company (Wawanesa Mutual). At the same time, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a” (Excellent) of Wawanesa Life Insurance Company (Wawanesa Life). The outlook of these Credit Ratings (ratings) is stable. Both companies are domiciled in Winnipeg, Manitoba, Canada.

AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Compagnie Commune de Réassurance des Etats Membres de la CIMA (CICA-RE) (Togo). The outlook of these Credit Ratings (ratings) is stable.

AM Best will exhibit at the upcoming Target Markets Program Administrators Association’s (TMPAA) Mid-Year Forum, which will take place April 28-30, 2026, in Dallas, TX.

Australia’s non-life insurance industry has been resilient against an increasingly complex and interconnected risk landscape, with total insurance revenue for the non-life market reaching approximately AUD 77.7 billion (USD 54.1 billion) for the fiscal year ended 30 June 2025.

AM Best has been named a 2026 Top Workplace by USA TODAY. The award is based on employee feedback collected via a confidential survey measuring workplace experience and engagement. USA TODAY Top Workplaces recognizes midsize and large organizations in the US that are exceeding national benchmarks for employee satisfaction.

AM Best will speak and exhibit at RISKWORLD—the RIMS 2026 Annual Conference and Exhibition—with sessions that will focus on the state of the global reinsurance market and the impact of social inflation on insurers. The risk management event takes place May 3–6, 2026, at the Philadelphia Convention Center in Philadelphia, PA.

AM Best has affirmed the Financial Strength Rating of A- (Excellent), the Long-Term Issuer Credit Rating of “a-” (Excellent) and the Mexico National Scale Rating of “aaa.MX” (Exceptional) of Seguros El Potosí, S.A. (El Potosí) (San Luis Potosi, Mexico). The outlook of these Credit Ratings (ratings) is stable.

AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aaa” (Exceptional) of National Indemnity Company (Omaha, NE) and its affiliates (collectively referred to as National Indemnity). These companies are subsidiaries of the ultimate parent, Berkshire Hathaway Inc. (Berkshire) [NYSE: BRK A and BRK B]. The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies and ratings.)

AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” (Good) of the Joint-Stock Company Subsidiary of Halyk Bank of Kazakhstan Halyk Insurance Company (Halyk Insurance) (Kazakhstan). The outlook of the FSR is stable.

AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of the rated operating subsidiaries of SiriusPoint Ltd. (SiriusPoint) (Bermuda) [NYSE: SPNT]. Additionally, AM Best has upgraded the Long-Term ICR to “bbb” (Good) from “bbb-” (Good) of SiriusPoint, which is a non-operating holding company. (See below for a detailed listing of the companies and Credit Ratings [ratings]). The outlook of these ratings has been revised to stable from positive.

AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) of Middle East Insurance Company Plc (MEICO) (Jordan). The outlook of these Credit Ratings (ratings) is stable.

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of ReliaStar Life Insurance Company of New York (Woodbury, NY) and ReliaStar Life Insurance Company (Minneapolis, MN), collectively known as ReliaStar Life Insurance Group (ReliaStar). The outlook of these Credit Ratings (ratings) is stable.

AM Best has affirmed the Performance Assessment (assessment) of PA-2 (Excellent) of Delta Insurance New Zealand Limited (New Zealand) and Delta Underwriting Private Limited (Singapore). The companies are assessed on a consolidated basis under their parent, Delta International Limited (Delta). The outlook of the assessment is stable. Concurrently, AM Best has withdrawn the assessment as the company has requested to no longer participate in AM Best’s interactive performance assessment process.

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) of Florida Farm Bureau Casualty Insurance Company and its fully reinsured subsidiary, Florida Farm Bureau General Insurance Company, collectively referred to as Florida Farm Bureau Group. Both companies are domiciled in Gainesville, FL.

AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Pinnacle Life Limited (Pinnacle Life) (New Zealand). The outlook of these Credit Ratings (ratings) is stable.

AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Trans World Assurance Company (TWA) (Las Vegas, NV). In addition, AM Best has revised the Long-Term ICR outlook to stable from positive, while the outlook of the FSR is stable.

AM Best will deliver a pair of presentations as part of a half-day seminar with members of the Shanghai International Reinsurance Exchange (SIRE), scheduled to take place on 22 April 2026, in Shanghai, China.

AM Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating to “bbb+” (Good) from “a-” (Excellent) of Summit Insurance Company Limited (Summit) (Nassau, Bahamas). The outlook of these Credit Ratings (ratings) is stable.

AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” (Good) to North American Fire & General Insurance Company Limited (NAFICO) (Guyana) and North American Life Insurance Company Limited (NALICO). The outlook assigned to these Credit Ratings (ratings) is stable.

AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of Amherst National Insurance Company (ANIC) (Charlotte, NC), formerly known as Jet Insurance Company. The outlook assigned to these Credit Ratings (ratings) is stable. At the same time, AM Best has affirmed the FSR of A- (Excellent) and Long-Term ICR of “a-” (Excellent) of Amherst Specialty Insurance Company (ASIC) (Dallas, TX). The outlook of these ratings is stable. Collectively, these companies are referred to as Amherst Specialty Insurance Group (Amherst).

A new AM Best analysis reveals that funds held to back individual annuity policies now account for over 36% of the U.S. life/annuity insurance segment’s overall reserves, which is up from 32% prior to the financial crisis of 2008. It illustrates a shift from traditional, defined benefit retirement and income protection approaches toward strategies more reliant on investment performance to drive yield. Over that same timeframe, a larger portion of these annuity reserves have shifted to companies with an AM Best Credit Rating that is nearly two notches lower, when viewed on a comparative, weighted basis.

AM Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a-” (Excellent) from “a” (Excellent) of the members of Curi Insurance Group (Curi) (Raleigh, NC). Concurrently, AM Best has placed the Credit Ratings (ratings) under review with negative implications.

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of the life/health and property/casualty subsidiaries of Coralisle Group Ltd. (CG). The outlook of these Credit Ratings (ratings) is stable. CG is a wholly owned intermediate holding company of Edmund Gibbons Limited, the ultimate parent company. All companies are domiciled in Bermuda unless otherwise specified. (See below for a detailed listing of these companies).

AM Best has maintained the under review with positive implications status for the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a-” (Excellent) of the operating subsidiaries of The Fortegra Group, Inc. (Fortegra) (headquartered in Jacksonville, FL). Fortegra is a wholly owned subsidiary of its publicly traded parent company, Tiptree Inc. [NASDAQ: TIPT]. The property/casualty operating subsidiaries of Fortegra include Lyndon Southern Insurance Company (Wilmington, DE); Insurance Company of the South (Athens, GA); Response Indemnity Company of California (Redondo Beach, CA); Blue Ridge Indemnity Company (Wilmington, DE); Fortegra Specialty Insurance Company (Scottsdale, AZ); and Fortegra Europe Insurance Company SE (Malta). These companies are collectively referred to as Fortegra P&C Group.

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of the life/health insurance subsidiaries of CNO Financial Group, Inc. (headquartered in Carmel, IN) [NYSE: CNO]. These subsidiaries are collectively referred to as CNO Financial Group (CNO). Concurrently, AM Best has affirmed the Long-Term ICR of “bbb” (Good) and the Long-Term Issue Credit Ratings (Long-Term IRs) of CNO Financial Group, Inc. The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies and Long-Term IRs.)

AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb” (Good) to Sociedad de Seguros Mutuos Marítimos de Vigo, Mutualidad de Seguros y Reaseguros a Prima Fija (Mutua de Vigo) (Spain). The outlook assigned to these Credit Ratings (ratings) is stable.

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of FAIR Oil & Energy Insurance Syndicate (the Syndicate) (Bahrain). The outlook of these Credit Ratings (ratings) is stable.

AM Best Executive Vice President and Chief Strategy Officer Andrea Keenan will join a panel discussion on insurance industry innovation at the Formation ’26 conference, which will be held April 27-29, 2026, in Orlando, FL.

AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A+ (Superior) from A- (Excellent) and the Long-Term Issuer Credit Rating to “aa” (Superior) from “a-” (Excellent) of Arch Wilsure Insurance Company (AWIC) (Kansas City, MO) (formally known as Watford Insurance Company). The outlook assigned to these Credit Ratings (ratings) is stable.

AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” (Superior) of Mutual of Omaha Insurance Company and its subsidiaries, United of Omaha Life Insurance Company, Companion Life Insurance Company (Melville, NY) and United World Life Insurance Company. Concurrently, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IRs) of “a” (Excellent) of Mutual of Omaha Insurance Company’s surplus notes. (Please see below for a detailed listing of the Long-Term IRs.) The outlook of these Credit Ratings (ratings) is stable. The group (collectively referred to as Mutual of Omaha) is domiciled in Omaha, NE, unless otherwise specified.