Latest Press Release on credit rating

Fitch Takes Various Actions on 75 U.S. Second Lien & HELOC RMBS Transactions
NEW YORK - Fitch Ratings has taken various rating actions on 62 U.S. subprime fixed-rate second lien and 13 U.S. variable-rate Home Equity Line of Credit (HELOC) residential mortgage-backed securities (RMBS) transactions. A spreadsheet detailing Fitch's rating actions


A.M. Best Upgrades Ratings of Arbella Insurance Group and Its Members
OLDWICK, N.J. - A.M. Best Co. has upgraded the financial strength rating to A- (Excellent) from B++ (Good) and issuer credit ratings to “a-” from “bbb+” of Arbella Insurance Group (Arbella) and its members. Arbella consists of Arbella Mutual Insurance


A.M. Best Downgrades Ratings of Illinois Mutual Life Insurance Company; Outlook Revised to Stable
OLDWICK, N.J. - A.M. Best Co. has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and the issuer credit rating to “bbb+” from “a-” of Illinois Mutual Life Insurance Company (Illinois Mutual) (Peoria, IL). The outlook has been r


Fitch Downgrades 4 Classes of C-BASS XIII, Ltd./Corp.
NEW YORK - Fitch Ratings has downgraded four classes of notes issued by C-BASS CBO XIII, Ltd./Corp. (C-BASS XIII) as a result of continued credit deterioration in the portfolio since Fitch's last rating action in August 2008. Approximately 83.5% of the portfolio has been downgraded si


Fitch Downgrades 3 & Affirms 3 Classes of Trainer Wortham First Republic CBO III
CHICAGO - Fitch Ratings has downgraded three and affirmed three classes of notes issued by Trainer Wortham First Republic CBO III (Trainer Wortham III) as a result of continued credit deterioration in the portfolio since Fitch's last rating action in August 2008. Approximately 64.1% of the


A.M. Best Affirms Ratings of Americo Life, Inc. and Its Subsidiaries
OLDWICK, N.J. - A.M. Best Co. has affirmed the financial strength rating (FSR) of A- (Excellent) and issuer credit rating (ICR) of “a-” of Americo Financial Life and Annuity Insurance Company (AFL) (Dallas, TX). Additionally, A.M. Best has affirmed the ICR of


Fitch: Windstream's Acquisition of Nuvox Neutral to Credit Profile
CHICAGO - Fitch Ratings believes Windstream Corporation's (Windstream)(NYSE: WIN) definitive agreement to acquire Nuvox Inc. (Nuvox) will have a neutral effect on its credit profile. Windstream's Issuer Default Rating (IDR) is 'BB+' and the Rating Outlook is Stable. In


A.M. Best Affirms Ratings of Brokers National Life Assurance Company
OLDWICK, N.J. - A.M. Best Co. has affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of Brokers National Life Assurance Company (Brokers National) (Sherwood, AR). The outlook for both ratings is stable. Brokers National is a wholl


Fitch Affirms 1 & Downgrades 4 Classes of Solstice ABS CDO III, Ltd.
NEW YORK - Fitch Ratings has affirmed one and downgraded four classes of notes issued by Solstice ABS CDO III, Ltd. (Solstice III) as a result of continued credit deterioration in the portfolio since Fitch's last rating action in August 2008. Approximately 78.9% of the portfolio has b


Fitch Downgrades 8 Classes of RFC CDO II, Ltd.
NEW YORK - Fitch Ratings has downgraded eight classes of notes issued by RFC CDO II, Ltd. (RFC II) as a result of continued credit deterioration in the portfolio since Fitch's last rating action in March 2009. Approximately 47.5% of the portfolio has been downgraded since the last review. Th


A.M. Best Downgrades Ratings of RVOS Farm Mutual Insurance Group and Its Members
OLDWICK, N.J. - A.M. Best Co. has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and issuer credit ratings to “a-” from “a” of RVOS Farm Mutual Group (RVOS) and its members, RVOS Farm Mutual Insurance Company


A.M. Best Affirms Ratings of Sompo Japan US Group and Its Members
OLDWICK, N.J. - A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) and issuer credit ratings of “aa-” of Sompo Japan US Group (US Group) and its members. The US Group is comprised of Sompo Japan Insurance Company of America and i


A.M. Best Places Ratings of Fidelity Life Assurance Company Limited Under Review With Developing Implications
OLDWICK, N.J. - A.M. Best Co. has placed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of Fidelity Life Assurance Company Limited (Fidelity) (New Zealand) under review with developing implications. The rating


A.M. Best Withdraws Ratings of Hang Seng General Insurance (Hong Kong) Company Limited
OLDWICK, N.J. - A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and the issuer credit rating (ICR) of “aa-” of Hang Seng General Insurance (Hong Kong) Company Limited (HSGI) (Hong Kong). The outlook for both ratings is stable.


Fitch Places Broadridge Financial Solutions on Watch Positive for Proposed Divestiture
NEW YORK - Fitch Ratings has placed the following ratings for Broadridge Financial Solutions, Inc. (Broadridge) on Rating Watch Positive: --Issuer Default Rating (IDR) 'BBB'; --Senior unsecured revolving credit facility 'BBB'; --Senior u


Fitch Withdraws Rating on Cloverie Plc 2006-3
CHICAGO - Fitch Ratings has withdrawn the rating on the class of notes issued by Cloverie Plc 2006-3 (Cloverie 2006-3). This rating action is a result of an early termination of the transaction's underlying credit default and interest rate swaps on Oct. 15, 2009. Accor


Fitch Revises Outlook on Ford & Ford Credit to Positive; Affirms 'CCC' IDR
CHICAGO - Fitch Ratings has revised the Rating Outlook on Ford Motor Company (Ford) and Ford Motor Credit Company (Ford Credit) to Positive from Stable. Fitch has also affirmed the Issuer Default Rating (IDR) at 'CCC'. The Positive Outlook reflects the better than expected pr


A.M. Best Upgrades Issuer Credit Rating of Unique Insurance Company
OLDWICK, N.J. - A.M. Best Co. has upgraded the issuer credit rating (ICR) to “bb+” from “bb” and affirmed the financial strength rating (FSR) of B (Fair) of Unique Insurance Company (Unique) (Chicago, IL). The outlook for both ratings is stable.


A.M. Best Revises Outlook to Stable for Upland Mutual Insurance, Inc.
OLDWICK, N.J. - A.M. Best Co. has revised the outlook to stable from positive and affirmed the issuer credit rating (ICR) of “bbb” of Upland Mutual Insurance, Inc. (Upland) (Junction City, KS). Additionally, A.M. Best has affirmed the financial strength rating (FSR)


Fitch Affirms Campbell's IDRs at 'A/F1'; Outlook Stable
CHICAGO - Fitch Ratings has affirmed the credit ratings of Campbell Soup Company (Campbell's) as follows: --Long-term Issuer Default Rating (IDR) at 'A'; --Senior unsecured debt at 'A'; --Senior unsecured credit facility at 'A';


Fitch Affirms Eastman's IDR at 'BBB'; Outlook Remains Stable
CHICAGO - Fitch Ratings has affirmed the following ratings of Eastman Chemical Company (Eastman): --Long-Term Issuer Default Rating (IDR) at 'BBB'; --Unsecured Credit Facility at 'BBB'; --Senior Unsecured Debt at 'BBB';


A.M. Best Affirms Ratings of Tokio Marine & Nichido Fire US Group and TNUS Insurance Company
OLDWICK, N.J. - A.M. Best Co. has affirmed the financial strength rating (FSR) of A++ (Superior) and issuer credit ratings (ICR) of “aa+” of Tokio Marine & Nichido Fire US Group (US Group) and its members. The US Group is comprised of the U.S. Branch of Tokio


A.M. Best Affirms Ratings of RoyalStar Assurance Limited
OLDWICK, N.J. - A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of RoyalStar Assurance Limited (RSA) (Nassau, Bahamas). The outlook for both ratings is stable. The ratings reflect RSA


A.M. Best Downgrades Ratings of American Community Mutual Insurance Company
OLDWICK, N.J. - A.M. Best Co. has downgraded the financial strength rating to C+ (Marginal) from B (Fair) and issuer credit rating to “b-” from “bb” of American Community Mutual Insurance Company (American Community) (Livonia, MI). The outlook for both r


A.M. Best Affirms Ratings of Connaught Insurance Company Limited
OLDWICK, N.J. - A.M. Best Co. has affirmed the financial strength rating of B+ (Good) and the issuer credit rating (ICR) of “bbb-” of Connaught Insurance Company Limited (Connaught) (Guernsey), the captive insurance company of Thomas Greg and Sons Limited (TG&S)





 
 

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