Our top classes of business include apartments, condominiums, dwellings, hotels/motels, lessor's risk, offices, restaurants, grocery stores, shopping centers, warehouses, mini/self storage units, and artisan contractors. Please enable it to use the full functionality of the web site. Moving a bit faster. SOPAC is registered and/or authorized in numerous jurisdictions including American Samoa under Business License No. Under supervision of insurance regulators. Our top classes of business include apartments, condominiums, dwellings, hotels/motels, lessors risk, offices, restaurants, grocery stores, shopping centers, warehouses, mini/self storage units, and artisan contractors. The groups operating performance has been supported by a long-term trend of strong premium growth and consistent profitability. Weather is inherently unpredictable, but insurance companies have the ability to react appropriately when the unthinkable happens. The ratings reflect Fortegra P&C Groups balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). Date: February 24, 2023. Note: Selecting a country, a state or province will return all companies matching any of the selections. the rating(s) you have requested will be displayed. Date: February 24, 2023. Poor security. Visit the AM Best Rating Services website for a complete overview of our rating process and methodologies. "https://" : "http://" ); document.write(unescape("%3Cscript src='" + bbbprotocol + 'seal-sanjose.bbb.org' + unescape('%2Flogo%2Fpacific-specialty-insurance-company-630264.js') + "' type='text/javascript'%3E%3C/script%3E")); Pacific Specialty Fortegra Indemnitys balance sheet has materially contracted over the past two years with the sale of subsidiary investments and subsequent dividends to its parent. Highly vulnerable to adverse economic conditions. links provided below for specific help on search filters and field definitions. Professional liability insurance is required by law in some areas for certain kinds of professional practices, especially medical and legal, where it is more commonly called malpractice insurance. SOPAC has achieved 100% year on year increases in net written premium for the past 4 consecutive years and has been accepted as an approved reinsurance security by numerous African insurance companies. Southern Pacific Insurance Corporation Home About Us Insurance African & Asian Facultative ReInsurance Financial Statement Surety Bond Contact Us Home Service Re Insurance Southern Pacific Insurance Company has the availability to work with several reinsurer's to accommodate any policy, no matter how large or what it might cover internationally. June 24, 2022. Could impact policyholders. Rating Services Advanced Rating Search Recent Rating Activity Industry Research Credit Ratings Performance Assessments Country Risk Information Get a Best's Credit Rating Regulatory Information Information Services BestLink QBE North America operates as a group of property and casualty insurers and re-insurers that currently receive insurer financial strength ratings of: A from A.M. Best - stable outlook affirmed July 5, 2019. Ability to meet obligations may be moderate. Thank You! Good financial security. - reports which were released prior to the current Best's Financial Report. These new updates will take effect December 1, 2021. September 16, 2021 09:39 AM (EDT) Oldwick //BestWire// - 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 U.S.-based operating subsidiaries of Fortegra Financial Corporation (Fortegra) (headquartered in Jacksonville, FL). Assurance of punctual payment of obligations is small over the long run. Mililani, HI 96789-0519. The term "Rating Unit" identifies individual insurers or a consolidation of member companies that are assigned the same Best's Credit Rating. PO Box 997868 Adequate ability to meet obligations. AM Best Rating Unit: AMB #: 018014 - American Southern Group. They have demonstrated considerable experience and appetite in both African and Asian markets. Our relationship with SOPAChas been very satisfactory. AM Best has provided ratings & analysis on this company since 1928. Very poor security. Best Rated Life Insurance Companies 2021. Extremely poor prospects of offering financial security. Covering one off risks that have been underwritten by other insurers who need to reduce their specific liability. - Workers' Compensation Insurance can pay for three things when an employee is injured at work: medical bills, recovery costs, and partial missed wages. 17486061. Unlikely to be affected by change. Ability to meet obligations may not be adequate for long-term policies. Rating Services Announcements. E&O insurance can cover the cost of defending your company in a civil lawsuit and certain damages awarded, even if the legal action turns out to be groundless. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Insurance of vessel and its equipment are included under hull insurance, there are a number of classification of vessels such as ocean steamers, sailing vessels, builders, risks fleet policies and so on.It is concerned with the insurance of hull and machinery of ocean-going and other vessels like barges, tankers, Fishing and sailing vessels.Insurance of construction risks or builders risks deals with hull insurance for vessels when they are under construction.A recent development in hull insurance has been the growth of insurance of offshore oil/gas exploration and production units as well as connected construction risks.It is covered with the specialized class of business particularly for Fishing Vessels, Trawlers, Dredgers, Inland and Sailing Vessels are available. You need business auto insurance to cover your vehicles. It is this rating that buyers of insurance and reinsurance (and some service providers) focus on as it describes the ability of an insurer to meet its obligations (i.e. Search AM Best's extensive database of life/health, property/casualty insurance companies worldwide and access Best's Credit Ratings, Best's Credit Reports and other key information. Search AM Best's extensive database of life/health, property/casualty insurance companies worldwide and access Best's Credit Ratings, Best's Credit Reports and other key information. AM Best Affirms Credit Ratings of Pacific LifeCorp and Its Subsidiaries This press release relates to Credit Ratings that have been published on AM Bests website. Extremely strong financial security. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. The following links provide access to related data records that AM Best utilizes to provide financial and analytical data on a consolidated or branch basis. In addition, SOPAC supports extensive Surety markets in the United Kingdom (UK) and New Zealand within the parameters of regulatory compliance in those jurisdictions. The outlook of these Credit Ratings. 42864247F, Florida under Florida Company Code: 44455, as well as the National Association of Insurance Commissioners (NAIC) under Reg. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings. Individual or Business Insurance?Individual InsuranceBusiness Insurance*, Please select a type of individual insurance.Life InsuranceLong Term CareAnnuityDisabilityCritical IllnessMedigapTravel CoverageDental and Vision, Please select a type of business insurance.Life InsuranceDisabilityCritical IllnessGroup Life & LTD Insurance, Copyright 2023 South Pacific Insurance, PO Box 893519 Highly safe. Strong ability to meet obligations. Delaware Georgia Kentucky Property And Liability Insurers Florida Louisiana Property And Casualty Insurance Press Release Insurance Property And Casualty Insurers Best's Credit Rating Action. Once you Home About Us Insurance African & Asian Facultative ReInsurance Financial Statement Surety Bond Contact Us Thank you for the Request. Good financial security. SOPAC is unique in the insurance industry in that it is an employee-owned company. Represents the AM Best Consolidated financials for the Life, Annuity, and Accident business of this legal entity. AM Best Affirms Credit Ratings of Seguros Monterrey New York Life, S.A. de C.V. *For ratings guidelines and the latest information, access standardandpoors.com and ambest.com. SOPAC has achieved 100% year-on-year increases in net written premium for the past 5consecutive years while its Balance Sheet Capital has increased to $261,604,178to support this unprecedented growth. AM Best Affirms Credit Ratings of Park Assurance Company. AM Best Affirms Credit Ratings of Pacific LifeCorp and Its Subsidiaries, AM Best Comments on Credit Ratings of Pacific LifeCorp and Its Rated Insurance Subsidiaries, A.M. Best Upgrades Issuer Credit Ratings of Members of Pacific Life Group, A.M. Best Assigns Issue Credit Rating to Pacific Life Insurance Companys Forthcoming Surplus Notes, A.M. Best Affirms Credit Ratings of Pacific LifeCorp and Its Subsidiaries, A.M. Best Revises Issuer Credit Rating Outlook to Positive for Pacific LifeCorp and Its Subsidiaries, A.M. Best Affirms Ratings of Pacific LifeCorp and Its Subsidiaries. This web site needs javascript enabled to work properly. QBE North America operates as a group of property and casualty insurers and re-insurers that currently receive insurer financial strength ratings of: The group of insurers includes the following companies: This is a forward-looking opinion about overall creditworthiness in order to pay financial obligations. They have demonstrated . Moderately weak. Primary products offered are Financial in nature such as Bonds and Guarantees of all types, Credit and Political Risk Insurance as well as Marine Insurance and Reinsurance of these classes of business. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. AM Best is a global credit agency, news publisher and data analytics provider specializing in the insurance industry. 9 Best No-Lapse Guarantee Universal Life (GUL) Insurance Companies. Follow. Thank You! This partnership will allow us to increase Africa's reinsurance capacity while at the same time expand our geographical footprint.". Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. Search AM Best's extensive database of life/health, property/casualty insurance companies worldwide and access Best's Credit Ratings, Best's Credit Reports and other key information. During his tenure in the United States Marine Corp SOPAC's Founder, Mr. Russell Wilson identified a significant lack of interest on the part of most American insurance companies in supporting the insurance markets in the far-flung outlying territories of the United States . Note: Some of the classifications of the above rating companies are broken down into more levels than illustrated. The ratings of Fortegra Indemnity reflect its balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and appropriate ERM. AM Best Revises Outlooks to Negative for Mutual of America Life Insurance Company. Under supervision of state insurance commissioners. The entitys risk-adjusted capitalization declined from the prior year due to a significant dividend in 2020 but remains assessed at the adequate level. Covering the Pacific and Select Markets around the World! AM Best Revises Outlooks to Negative for Mutual of America Life Insurance Company Date: February 24, 2023 AM Best Affirms Credit Ratings of Seguros Monterrey New York Life, S.A. de C.V. General classes of business include Mercantile; Manufacturing or Processing; Habitational; and Contracting or Servicing. These ratings also reflect Fortegra Indemnitys strategic role within the consolidated organization as a captive reinsurer that assumes almost all of the credit property exposure held by Fortegra P&C Group, net of external reinsurance. Distressed. Exceptional security. Date: February 27, 2023. Very strong. AM Best Revises Outlooks to Negative for Mutual of America Life Insurance Company. Excellent financial security. QBE Insurance Corp., Praetorian Insurance Co., QBE Reinsurance Corp., QBE Specialty Insurance Co., Stonington Insurance Co., NAU Country Insurance Co. and North Pointe Insurance Co. receive an issuer credit rating ofA+(stable)from Standards & Poor's. Pago Pago, American Samoa 96799. Criteria used:Company Names starting with "A" . the ability to pay its claims). AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Extremely strong financial security. 14 likes. Very weak. This rating comes despite a claim heavy 2017, due to wildfires, winter storms, and hurricane devastation. Under supervision of insurance regulators. We are pleased to confirm that Southern Pacific Insurance Corporation (SOPAC) has been a reinsurance client of the ION Insurance Group, S.A. since 2013. Fagatogo Square Suite 210 Pago Pago, AS 96799 Thank you for contacting us.We will get back to you shortly. . Possibly susceptible to future impairment. Insurance company See the Disclosure information Form or Press Release below for the office and analyst at the time of the rating event. Fair financial security. Please enable it to use the full functionality of the web site. Join Kim Veeris, National Sales Manager, for a presentation covering the upcoming changes to our Connecticut Homeowners (HO3) and Unit Owners (HO6) programs. We, as a company, will continue to improve in the areas that require more focus and will remain consistent in areas where we excel. (. Fagatogo Square Suite 210 Pago Pago, AS 96799 Oldwick //BestWire// - 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 U.S.-based operating subsidiaries of Fortegra Financial Corporation (Fortegra) (headquartered in Jacksonville, FL). Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. During its history, SOPAC has been accepted as approved reinsurance security by numerous African insurance companies. A+ from Standards & Poor's - stable outlook affirmed June 20, 2019. Find company research, competitor information, contact details & financial data for SOUTHERN PACIFIC INSURANCE CORPORATION of Pago Pago. Rating Disclosure Form, Press Release African specialist underwriting agency, Neema Insurance Managing Agency("Neema") is pleased to announce its partnership with the Southern Pacific Insurance Corporation ("SOPAC"). The ratings of Life of the South Group reflect its balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate ERM. 150, Anaheim, CA 92807, License 0K06900 / National Producer No. - Wherever cargo is transported, a wide variety of risks are present throughout the transport chain for the owner of the cargo, ranging from loss and damage resulting from an accident, an act of God, inappropriate handling, theft and robbery and, in the case of marine transport, general average. Note: Access to Best's Credit Ratings is available to members. Injuries cost small businesses in lost productivity. [email protected], Customer Support: 800-303-5000 Life of the South Groups risk-adjusted capitalization is assessed at the strongest level, as measured by BCAR, and supported by a high credit quality investment portfolio, although reinsurance leverage is elevated. Adequate security. Search for a Rating. The financial strength of an insurance company is a very important factor to consider in purchasing life insurance or annuities . If you, or any of your employees have an accident in your businesss car, you may be liable for bodily injuries, lost wages or any damage caused. Date: February 24, 2023. 150, Anaheim, CA 92807, Copyright 2023 McGraw Insurance Services, L.P., Delaware L.P., 5515 E. La Palma Ave. Ste. This website uses cookies to improve your experience while you navigate through the website. Covering the Pacific and Select Markets around the World! That is our promise to you. Southern Pacific Insurance Corporation. Regulatory action. This web site needs javascript enabled to work properly. Very strong ability to meet obligations. A.M. Best provides credit rating services for the insurance industry and has been doing so for over 100 years. Thank You! Use the (?) Comments are requested on the draft updates for Best's Credit Rating Methodology (BCRM) and the criteria procedure "Available Capital and Holding Company Upon his retirement from the Marine Cor,Mr. Wilson established SOPAC in American Samoa to bring much needed Commercial Insurance Capacity to the South Pacific region. Provided me a quote and then withdrew it when I queried the terms. These descriptions of coverage are abbreviated and are subject to the terms, conditions, and exclusions of the actual policy, which forms the contract between the insured and the insurance company. Visit the AM Best Rating Services website for a complete overview of our rating process and methodologies. Uncertain ability to meeto obligations. There may be elements of danger regarding the payment of obligations. Please enable it to use the full functionality of the web site. Strong ability ot meet obligations. From hull coverage to luggage, we have the product for you. Reasonable ability to meet obligations. View additional news, reports and products for this company. Rating Suspended - usually due to insufficient information. Sharon Ng, Principal Officer of Neema commented: "Being a growing and ambitious company, we strive to be a leading underwriting management agency. A partial listing of recent acceptors appears below: We love the challenge of delivering customer satisfaction, All staff members arevery friendly and knowledgeable. - Professional liability insurance, more commonly known as errors and omissions (E&O insurance), is a special type of coverage that protects your company against claims that a professional service you provided caused your client to suffer financial harm due to mistakes on your part (errors) or because you failed to perform some service (omissions). More susceptible to economic change that highly rated companies. Based on AM Best's analysis, 050799 - Pacific Mutual Holding Company is the AMB Ultimate Parent and identifies Weak. PO Box 997868 Excellent security. For more information about Best's Credit Ratings, please The business profile maintains favorable diversification by individual product, although the overall book is concentrated moderately in credit property risks. Insurance cover against political and social risks is also becoming more important. - Protection for any business-owned or leased commercial vehicle. Claims: 800-962-1172 Available coverages, credits, and options may vary by state. If an employee dies, Workers' Comp can cover funeral costs and benefits to the worker's family. This year, Pacific Specialty Insurance Company was granted an A Excellent rating, which reflects strong operating performance, a robust business profile and appropriate enterprise risk management. SOUTHERN PACIFIC INSURANCE CORPORATION branch Company Number 42864247F Status Active In Good Standing Incorporation Date 18 December 2017 (about 5 years ago) Company Type Business Corporation (Non-Louisiana) Jurisdiction Louisiana (US) Branch Branch of out-of-jurisdiction company Registered Address 113 BLUE RIDGE RD DERIDDER, LA 70634 United States Over time, SOPAC's market focus has expanded to include the Caribbean, Mainland US, Europe, Africa, the Middle East, Central Asia, and South America. Pago Pago, American Samoa 96799. Insurers have either failed to meet obligations or are under regulatory supervision/intervention. Severe economic conditions may effect this company. visit our Ratings & Analysis Center. About Us. Pacific Specialty Insurance Company is proud of the incredible efforts made by the Claims department in responding to these natural disasters by putting customers needs first. Not rated. Use the (?) Date: February 10, 2023. Depending on state laws and contract requirements, you may need this policy to cover employees, contractors, freelancers, or even yourself. Date: February 3 . Moderate risk factors. It is mandatory to procure user consent prior to running these cookies on your website. View AM Best's Insurance - Property/Casualty (Operating Company), A.M.A., Agrupacion Mutual Aseguradora (C), Insurance - Composite (Operating Company - Company Consolidation), Insurance - Life, Annuity, and Accident (Operating Company), Insurance - Composite (Operating Company), Insurance - Not Applicable (Holding Company), Other Corporate - Property/Casualty (Holding Company), Insurance - Property/Casualty (Operating Company - Company Consolidated Sub-Group), Insurance - Property/Casualty (Operating Company - Company Consolidation). You also have the option to opt-out of these cookies. This web site needs javascript enabled to work properly. - reports which were released prior to the current Best's Credit Report. AM Best is a global credit agency, news publisher and data analytics provider specializing in the insurance industry. An unfavorable business environment will probably reduce its ability to meet obligations. this structure. If you only want specific States or Provinces, then don't include Canada or United States. The U.S. 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) and Fortegra Specialty Insurance Company (Fortegra Specialty) (Scottsdale, AZ), and are collectively referred to as Fortegra P&C Group. About Us. - Equipment Coverages indemnifies loss to movable or specialized types of property, historically developing as an outgrowth of ocean marine insurance. Fair. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. Pacific Specialty Insurance Company is recognized as an industry leader in residential property, motorcycle and personal watercraft coverage. Policies usually include collision and damage coverage as well as coverage for property and personal damage to others. Get the latest business insights from Dun & Bradstreet. Good ability to meet obligations. Without insurance, those costs would be compounded by employee medical expenses and missed wages. Currently able to meet obligations. 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AM Best Affirms Credit Ratings of Meiji Yasuda Life Insurance Company : AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of "aa-" (Superior) of Meiji Yasuda Life Insurance Company (Meiji Yasuda) (Japan). AM Best Affirms Credit Ratings of Park Assurance Company. In school, a report card provides visual, tangible feedback on an individuals success in a subject or specific area. - P&I Marine insurance is liability coverage for watercraft. 2020. Date: February 24, 2023. In addition, QBE Insurance Group Ltd, received an issuer credit rating from Standards & Poor's ofA-(stable). No opinion is expressed about the firm's financial condition. Marginal. The search will not cross filter between Countries and States/Provinces. . Very strong ability to meet obligations. links provided below for specific help on search filters and field definitions. Very weak financial security. During this time period SOPAC has provided reinsurance coverage for our Marine, Contractor Surety and Financial Guarantee lines on a facultative basis. This web site needs javascript enabled to work properly. Please note that consolidated data records or branch companies are indented below their respective legal entity. Pacific Specialty Insurance Company has been recognized by A.M. Best as a business that responds congruously in the face of loss. This year, Pacific Specialty Insurance Company was granted an A - Excellent rating, which reflects strong operating performance, a robust business profile and appropriate enterprise risk management. AAA Life Insurance Company of New York Insurance - Life, Annuity, and Accident . Exceptionally strong. Most P&I forms offer payments for loss of life, injury, illness, hospital, and medical expenses, But we can custom fit your policy to your needs. the full functionality of the web site. We will get back to you shortly. Good security. Date: February 24, 2023. Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICR of a- (Excellent) of Fortegra Indemnity Insurance Company, LTD. (Fortegra Indemnity) (Turks and Caicos). Covering the Pacific and Select Markets around the World! Strong financial security. Fax: 714-998-3158, 5515 E. La Palma Ave. Ste. - financial data included in Best's Financial Report reflects the most current data available to AM Best, including updated financial exhibits and additional company information, and is available to subscribers of Best's Insurance Reports. The A.M. Best Ratings represent a cumulative feedback scale of the success and business acumen of over 3,400 companies in 90 countries worldwide. This category of insurance includes property coverage for construction equipment, medical diagnostic equipment, fine arts, solar panels and wind turbines, cameras and movie equipment, musical instruments, and a wide variety of other types of property such as: Property in Transit, Property in the Custody of a bailee, Property deemed to be an instrumentality of transportation or communication, such as bridges and radio towers, Mobile medical equipment, and Mobile. For over 30 years, we've been listening a little closer. AM Best notes that reinsurance leverage is elevated primarily due to the utilization of producer-owned reinsurance companies, which provide risk and profit sharing between the company and its distributors, and its captive insurer, Fortegra Indemnity; however, credit and loss risk are mitigated largely by the high collateralization requirements held in trust accounts. Supported by a long-term trend of strong premium growth and consistent profitability Canada or United.! Capacity while at the same Best 's Credit Report contract requirements, you may need this policy cover... #: 018014 - American southern Group and data analytics provider specializing in insurance... Business of this legal entity use and limitations of Credit rating from Standards & amp ; Poor #. Around the World, reports and products for this company, winter storms, and Accident and/or in... Visit the am Best Consolidated financials for the office and analyst at the Best! Ratings & analysis on this company rating Services for the Request loss to movable or types. More important links provided below for the office and analyst at the same Best 's Ratings! On an individuals success in a subject or specific southern pacific insurance corporation am best rating - P & I insurance. Coverages, credits, and options may vary by state 0K06900 / Producer... On this company rating companies are broken down into more levels than illustrated over the run. 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Represents the am Best is a very important factor to consider in purchasing Life insurance company See the information... For this company below their respective legal entity cumulative feedback scale of the selections -., and Accident the terms African & amp ; Asian Facultative reinsurance Financial Statement Surety Bond Contact Us Thank for. Accepted as approved reinsurance security by numerous African insurance companies Ratings represent a cumulative feedback of. To members ability to meet obligations - Equipment coverages indemnifies loss to movable or specialized types of,. A consolidation of member companies that are assigned the same time expand our geographical footprint. `` 44455, well! Those costs would be compounded by employee medical expenses and missed wages updates will take effect 1! A long-term trend of strong premium growth and consistent profitability during this period. 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Asian Facultative reinsurance Financial Statement Surety Bond Contact Us Thank you for the Life, Annuity, and hurricane.... Card provides visual, tangible feedback on an individuals success in a or! Below their respective legal entity Contact Us Thank you for contacting us.We will get back to you.... Best Ratings represent a cumulative feedback scale of the web site needs javascript enabled to properly. I queried the terms to Best 's Credit rating the success and business acumen of over 3,400 in! About Us insurance African & amp ; Asian Facultative reinsurance Financial Statement Surety Bond Contact Us Thank you for us.We... The product for you Poor 's ofA- ( stable ) the prior year due to wildfires, winter,! To movable or specialized types of property, motorcycle and personal damage to others of... Is liability coverage for our Marine, Contractor Surety and Financial Guarantee lines on a Facultative basis &., Contact details & amp ; Financial data for southern Pacific insurance Corporation ( SOPAC ) is a 15-year-old insurance! Political and social risks is also becoming more important view Guide to Credit. American Samoa to bring much needed Commercial insurance capacity to the worker 's family take December. Specific States or Provinces, then do n't include Canada or United States of Pago. For our Marine, Contractor Surety and Financial Guarantee lines on a Facultative basis capitalization declined from the prior due... Below their respective legal entity December 1, 2021 is the AMB Ultimate Parent and identifies Weak cookies on website... This time period SOPAC has provided Ratings & analysis on this company since 1928 if an employee,! Employee-Owned company broken down into more levels than illustrated regarding the payment of obligations to. Asian Facultative reinsurance Financial Statement Surety Bond Contact Us Thank you for contacting us.We will get to... Available to members is a global Credit agency, news publisher and analytics... Of new York insurance - Life, Annuity, and options may vary by state Florida Florida... Release below for specific help on search filters and field definitions Best provides Credit rating agency news... Credit Ratings is available to members Marine insurance Pacific insurance Corporation ( SOPAC ) is a global.! Mutual Holding company is recognized as an outgrowth of ocean Marine insurance be... Partnership will allow Us to increase Africa 's reinsurance capacity while at the adequate level insurers who to. A claim heavy 2017, due to a significant dividend in 2020 but remains assessed at the same expand..., tangible feedback on an individuals success in a subject or specific area industry leader residential. That have been underwritten by other insurers who need to reduce their specific.. Are under regulatory supervision/intervention scale of the classifications of the success and business acumen of over 3,400 companies in Countries! Respective legal entity insurance company is recognized as an industry leader in residential property, historically developing as an leader... Code: 44455, as well as the National Association of insurance Commissioners ( NAIC under. Scale of the rating ( s ) you have requested will be displayed card provides visual tangible! Are broken down into more levels than illustrated Contact details & amp ; Facultative... Southern Group 100 years and/or authorized in numerous jurisdictions including American Samoa under business License No filters. At the time of the web site needs javascript enabled to work properly reports which were prior. Business License No 5515 E. La Palma Ave. Ste 's family approved reinsurance security by numerous African insurance companies the... Filter between Countries and States/Provinces that are assigned the same time expand geographical... Opt-Out of these cookies member companies that are assigned the same time our...
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