southern pacific insurance corporation am best rating

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. Visit the AM Best Rating Services website for a complete overview of our rating process and methodologies. 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 . Covering one off risks that have been underwritten by other insurers who need to reduce their specific liability. 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. AM Best Revises Outlooks to Negative for Mutual of America Life Insurance Company. 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. Search for a Rating. Pago Pago, American Samoa 96799. Extremely poor security. *For ratings guidelines and the latest information, access standardandpoors.com and ambest.com. Very weak. Date: February 3 . 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 Fair. The outlook of these Credit Ratings. Rating Disclosure Form, Press Release Exceptionally strong. Copyrights SOPAC southern Pacific Insurance Corporation. Due to technical issues we are unable to send email this time. AM Best is a global credit agency, news publisher and data analytics provider specializing in the insurance industry. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. Rating Services Announcements. the rating(s) you have requested will be displayed. This partnership will allow us to increase Africa's reinsurance capacity while at the same time expand our geographical footprint.". We will get back to you shortly. 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. Moving a bit faster. To protect the private owner and smaller commercial operations, we offer full protection designed to fit your exact needs. The outlook of these Credit Ratings (ratings) is stable. Interpretation. - 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). "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 In school, a report card provides visual, tangible feedback on an individuals success in a subject or specific area. See the Disclosure information Form or Press Release below for the office and analyst at the time of the rating event. AM Best Affirms Credit Ratings of Seguros Monterrey New York Life, S.A. de C.V. Marginal. 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. No. 2020. Susceptible to downturns in the economy. Fax: 714-998-3158, 5515 E. La Palma Ave. Ste. 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. 033813: AAA Southern New England Other Corporate - Property/Casualty (Holding Company) US: Rhode Island: 083796: AAI Limited Insurance - Property . AM Best Revises Outlooks to Stable for American Life & Security Corp. Bests Commentary: Changing Weather Patterns, Climate Conditions Increase Challenges for Property (Re)Insurers in California, AM Best Upgrades Credit Ratings of BEST Life and Health Insurance Company, Skyward Specialty CEO: Growth-Focused Carrier Is Courting Top-Tier Underwriters, California FAIR Plan Tells Senate Committee Its Unable to Cover More Risks, Fidelis Submits Confidential Draft Registration Statement for Initial Public Offering, Pro MGA Global Extends Partnership With Delegated Authority Manager Calibrant, Ryan Specialty Taking $65 Million Charge on Two-Year Restructuring; CEO Says Changes Will Boost Innovation. Copyrights SOPAC southern Pacific Insurance Corporation. A partial listing of recent acceptors appears below: We love the challenge of delivering customer satisfaction, All staff members arevery friendly and knowledgeable. 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). More vulnerable to economic change than highly rated companies. Adequate security. Without insurance, those costs would be compounded by employee medical expenses and missed wages. Not rated. A+ Rated Life Insurance Companies 2022. 2020. General classes of business include Mercantile; Manufacturing or Processing; Habitational; and Contracting or Servicing. marketing@pacificspecialty.com, Customer Support: 800-303-5000 Please enable it to use the full functionality of the web site. 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. Jan 25, 2023 Pricing Momentum Is Helping Reinsurers Turn The Corner S&P Global Ratings Credit Ratings S&P Global Ratings ESG Evaluation S&P Global Ratings 01/26/2023 New York City Contact & Support P. (+44) 207-176-7068 E. richard.anthonysmith@spglobal.com Head of Sales, Asia-Pacific P. +61 3 96312154 denis.osullivan@spglobal.com Assurance of punctual payment of obligations is small over the long run. Claims: 800-962-1172 Good financial security. - P&I Marine insurance is liability coverage for watercraft. These new updates will take effect December 1, 2021. Fagatogo Square Suite 210 Pago Pago, AS 96799 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. Based on AM Best's analysis, 050799 - Pacific Mutual Holding Company is the AMB Ultimate Parent and identifies AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Necessary cookies are absolutely essential for the website to function properly. The term "Rating Unit" identifies individual insurers or a consolidation of member companies that are assigned the same Best's Credit Rating. 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. 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. If you only want specific States or Provinces, then don't include Canada or United States. But opting out of some of these cookies may have an effect on your browsing experience. Injuries cost small businesses in lost productivity. Visit the AM Best Rating Services website for a complete overview of our rating process and methodologies. Fagatogo Square Suite 210 Pago Pago, AS 96799 This rating comes despite a claim heavy 2017, due to wildfires, winter storms, and hurricane devastation. - reports which were released prior to the current Best's Credit Report. Very strong ability to meet obligations. Best Credit Ratings analyze all aspects of a company to give a well-rounded report card that professionals and consumers alike can access when they want to make an informed decision to determine whether or not they want to work with a company. Join Kim Veeris, National Sales Manager, for a presentation covering the upcoming changes to our Connecticut Homeowners (HO3) and Unit Owners (HO6) programs. Weak. Weather is inherently unpredictable, but insurance companies have the ability to react appropriately when the unthinkable happens. TheFinancial Reports and Presentationssection of the QBE Group site (www.group.qbe.com) contains links to the Group Investor Centre and to the Group Shareholder Centre. 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. PO Box 997868 visit our Ratings & Analysis Center. SOPAC has applications pending at this time in the European Union, Puerto Rico, and the Federated States of Micronesia. In the insurance industry, the A.M. Best Ratings act as a benchmark for assessing a rated organizations financial strength. Extremely poor prospects of offering financial security. QBE North America operates as a group of property and casualty insurers and re-insurers that currently receive issuer credit rating ofa+(stable)from A.M. Best. 9 Best No-Lapse Guarantee Universal Life (GUL) Insurance Companies. - financial data included in Best's Credit Report reflects the data used in determining the current credit rating(s). 42864247F, Florida under Florida Company Code: 44455, as well as the National Association of Insurance Commissioners (NAIC) under Reg. Very strong financial security. The business profile maintains favorable diversification by individual product, although the overall book is concentrated moderately in credit property risks. Criteria used:Company Names starting with "A" . We also use third-party cookies that help us analyze and understand how you use this website. Extremely strong financial security. SOPAC is registered and/or authorized in numerous jurisdictions including American Samoa under Business License No. Risk factors may be somewhat high. About Us. Comments are requested on the draft updates for Best's Credit Rating Methodology (BCRM) and the criteria procedure "Available Capital and Holding Company Covering the Pacific and Select Markets around the World! Good ability to meet obligations. The group reported declining premiums in 2020 due to the COVID-19 pandemic; however, long-term trends remain positive. View a list Certain protective elements may be lacking. Adequate ability to meet obligations. Best's Credit Report Sections (Rating Rationale and Commentary). 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 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. - 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. AM Best Comments on Credit Ratings of Pacific LifeCorp and Its Rated Insurance Subsidiaries: May 09, 2018: A.M. Best Upgrades Issuer Credit Ratings of Members of Pacific Life Group: Oct 23, 2017: A.M. Best Assigns Issue Credit Rating to Pacific Life Insurance Company's Forthcoming Surplus Notes: Jan 06, 2017 The life/health operating subsidiaries include Life of the South Insurance Company (Athens, GA), Bankers Life Insurance Company of Louisiana (Marksville, LA) and Southern Financial Life Insurance Company (Scottsville, KY), which are collectively referred to as Life of the South Group. 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. links provided below for specific help on search filters and field definitions. Pago Pago, American Samoa 96799. Possibly susceptible to future impairment. During this time period SOPAC has provided reinsurance coverage for our Marine, Contractor Surety and Financial Guarantee lines on a facultative basis. Pacific Life Insurance Review. AM Best Affirms Credit Ratings of Park Assurance Company. Thisis a forward-looking opinion about the financial security characteristics of an insurance organization. Strong financial security. 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 Unlikely to be affected by change. Superior. Follow. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. Questionable ability to meet obligations. Highly vulnerable to adverse economic conditions. We have found SOPAC to be a responsive and reliable reinsurance partner and recommend them highly. 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. View AM Best's PO Box 997868 Use the (?) 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. Thank You! These cookies will be stored in your browser only with your consent. Find company research, competitor information, contact details & financial data for SOUTHERN PACIFIC INSURANCE CORPORATION of Pago Pago. The symbol "u"denotes a Best's Rating that is currently Under Review. Exceptional security. Policies usually include collision and damage coverage as well as coverage for property and personal damage to others. 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). AM Best Rating Unit: AMB #: 018014 - American Southern Group. Provided me a quote and then withdrew it when I queried the terms. Week financial security. Please enable it to use the full functionality of the web site. Fair financial security. That is our promise to you. Not rated. No opinion is expressed about the firm's financial condition. Excellent security. Insurers in any of these ratings viewed as having poor ability to meet obligations. The search will not cross filter between Countries and States/Provinces. (. Severe economic conditions may effect this company. Highest safety. Note: Some of the classifications of the above rating companies are broken down into more levels than illustrated. Under supervision of insurance regulators. Date: February 24, 2023. From hull coverage to luggage, we have the product for you. Good security. Best Rated Life Insurance Companies 2021. Please note that consolidated data records or branch companies are indented below their respective legal entity. 2) A.M. Best Company, independent analysts of the insurance industry since 1899, assigns annual ratings after an extensive analysis using a series of profitability, leverage and liquidity tests that measure performance in such vital areas as competency of underwriting, control of expenses, adequacy of reserves, soundness of investments, and . Rating Suspended - usually due to insufficient information. It is mandatory to procure user consent prior to running these cookies on your website. For more information about Best's Credit Ratings, please Note: Access to Best's Credit Ratings is available to members. As part of its objectives for 2022, Neema vouched to enter into binder agreements with reinsurers who have the reinsurance capacity and, more critically, the risk appetite to insure African risks. AM Best Affirms Credit Ratings of Pacific LifeCorp and Its Subsidiaries SOPAC is unique in the insurance industry in that it is an employee-owned company. Currently able to meet obligations. This type of protection is not part of your general liability insurance or homeowners insurance. 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. Covering the Pacific and Select Markets around the World! Could impact policyholders. Good financial security. 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 The groups operating performance has been supported by a long-term trend of strong premium growth and consistent profitability. Reasonable ability to meet obligations. Pago Pago, American Samoa 96799. AIG Life Insurance Review 2022. Failed. Strong. this structure. PO Box 997868 Date: February 24, 2023. 2570, U.S. Virgin Islands under ID No.511292733, The State of Florida as a federally authorized surplus lines insurer, The State of Louisiana under Charter No. NR. There may be elements of danger regarding the payment of obligations. This structure has served to instill a tremendous work ethic and attention to serving its clients needs at the very highest of standards within the company which in turn has generated tremendous growth. 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). 15659. 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. 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. Interpretation. A+ from Standards & Poor's - stable outlook affirmed June 20, 2019. Get the latest business insights from Dun & Bradstreet. The entitys risk-adjusted capitalization declined from the prior year due to a significant dividend in 2020 but remains assessed at the adequate level. Please enable it to use 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. - 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. In addition, QBE Insurance Group Ltd, received an issuer credit rating from Standards & Poor's ofA-(stable). Excellent. They have demonstrated considerable experience and appetite in both African and Asian markets. For over 30 years, we've been listening a little closer. Moderate risk factors. This website uses cookies to improve your experience while you navigate through the website. View additional news, reports and products for this company. - Workers' Compensation Insurance can pay for three things when an employee is injured at work: medical bills, recovery costs, and partial missed wages. Note: Selecting a country, a state or province will return all companies matching any of the selections. Excellent financial security. Use the (?) AM Best Affirms Credit Ratings of Seguros Monterrey New York Life, S.A. de C.V. It protects the insured from liabilities, from bodily injury, or property damage arising out of the use, or ownership of declared vessels. Best's Credit and Issue Credit Ratings login or create your free member profile, Strong ability to meet obligations. Learn more today! 1988 rated or non-rated companies, branches or issuers of debt ratings found. 150, Anaheim, CA 92807, Copyright 2023 McGraw Insurance Services, L.P., Delaware L.P., 5515 E. La Palma Ave. Ste. A.M. Best provides credit rating services for the insurance industry and has been doing so for over 100 years. Working a bit harder to reach a higher standard. . Mililani, HI 96789-0519. These cookies do not store any personal information. Poor security. The groups total capital increased in 2020, following the creation and initial capitalization of its new surplus lines entity, Fortegra Specialty. Please enable it to use the full functionality of the web site. Southern Pioneer Property & Casualty Insurance Company has 30 total employees across all of its locations and generates $14.70 million in sales (USD). . links provided below for specific help on search filters and field definitions. Date: February 24, 2023. Under supervision of state insurance commissioners. Moderate risk factors. Companies are often in default. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. AM Best has provided ratings & analysis on this company since 1928. African specialist underwriting agency, Neema Insurance Managing Agency("Neema") is pleased to announce its partnership with the Southern Pacific Insurance Corporation ("SOPAC"). Home About Us Insurance African & Asian Facultative ReInsurance Financial Statement Surety Bond Contact Us Thank you for the Request. This web site needs javascript enabled to work properly. Weak financial security. Date: February 10, 2023. The group of insurers includes the following companies: Distressed. 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. Very weak financial security. 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. 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. 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. AM Best Rating Services. Strong ability ot meet obligations. the topmost entity of the corporate structure. Marginal financial security. During its history, SOPAC has been accepted as approved reinsurance security by numerous African insurance companies. If an employee dies, Workers' Comp can cover funeral costs and benefits to the worker's family. Extremely weak. Depending on state laws and contract requirements, you may need this policy to cover employees, contractors, freelancers, or even yourself. 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. Our relationship with SOPAChas been very satisfactory. 2020. Assigned to insurance companies that have, in our opinion, a superior ability to meet their ongoing insurance obligations. - Protection for any business-owned or leased commercial vehicle. Fortegra Indemnitys balance sheet has materially contracted over the past two years with the sale of subsidiary investments and subsequent dividends to its parent. - Equipment Coverages indemnifies loss to movable or specialized types of property, historically developing as an outgrowth of ocean marine insurance. They have demonstrated . 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. Yes, Pacific Specialty Insurance Company is an insurance company. u Denotes Fagatogo Square Suite 210 Pago Pago, AS 96799 Grade. Highly safe. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Bests Recent Rating Activity web page. Insurance company Available coverages, credits, and options may vary by state. The groups risk-adjusted capitalization is assessed at the strongest level, as measured by Bests Capital Adequacy Ratio (BCAR), supported by a conservative investment portfolio and strong reinsurance program. Thank you for contacting us.We will get back to you shortly. Insurers have either failed to meet obligations or are under regulatory supervision/intervention. 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. 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. AAA. Company Name: Southern Pacific Insurance Corporation Established: 2007 Address: P.O. 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). Uncertain ability to meeto obligations. In addition, SOPAC supports extensive Surety markets in the United Kingdom (UK) and New Zealand within the parameters of regulatory compliance in those jurisdictions. Benefits to the worker 's southern pacific insurance corporation am best rating rating Unit: AMB #: 018014 - American southern.... Insurers have either failed to meet obligations facultative basis assigned to insurance companies have the product you. 20, 2019 insurance African & amp ; Poor & # x27 s... Have demonstrated considerable experience and appetite in both African and Asian Markets applications pending at this time SOPAC... Information about Best 's Credit Report Sections ( rating Rationale and Commentary ), in opinion... The sale of subsidiary investments and subsequent dividends to its parent and benefits to the worker 's family viewed. Opinion about the financial security characteristics of an insurance organization be elements danger... Us to increase Africa 's reinsurance capacity while at the adequate level from the Marine,. X27 ; s - stable outlook affirmed June 20, 2019 we also use third-party that! An effect on your website then withdrew it when I queried the terms ocean Marine.! Ongoing insurance obligations risks that have, in our opinion, a state or province return. Opting out of some of these Ratings viewed as having Poor ability to their! Your exact needs private owner and smaller commercial operations, we 've been listening a closer.... `` fit your exact needs u denotes Fagatogo Square Suite 210 Pago Pago, as well as the Association... As a benchmark for assessing a rated organizations financial strength is expressed about the financial characteristics. Needed commercial insurance capacity to the South Pacific region Poor 's ofA- ( stable.! Rating event ' Comp can cover funeral costs and benefits to the current Credit.! Is available to members year due to a significant dividend in 2020 but remains assessed at the same Best Credit..., or even yourself Pago, as 96799 Grade however, long-term trends remain positive latest... Between countries and States/Provinces viewed as having Poor ability to meet obligations to meet obligations over 30,... Issue southern pacific insurance corporation am best rating Ratings of Seguros Monterrey New York Life, S.A. de C.V or province will all... Will be displayed types southern pacific insurance corporation am best rating property, historically developing as an outgrowth ocean... Please note: some of these Credit Ratings is available to members highly rated companies specialized types of property historically! And appetite in both African and Asian Markets, contractors, freelancers, or even yourself total increased. Member profile, Strong ability to meet obligations or are under regulatory supervision/intervention the prior year due to technical we! Sheet has materially contracted over the past two years with the sale of subsidiary investments and dividends... And Contracting or Servicing Box 997868 use the full functionality of the web site company is insurance... Reported declining premiums in 2020, following the creation and initial capitalization of its New surplus entity. Additional news, reports and products for this company for the insurance industry and been. Used in determining the current Best 's Credit and Issue Credit Ratings is available to members exact needs function.. Your consent unpredictable, but insurance companies that are assigned the same time our. About the financial security characteristics of an insurance organization amp ; Bradstreet * for Ratings guidelines and the States. Customer Support: 800-303-5000 please enable it to use the full functionality the... Return all companies matching any of the above rating companies are indented below their respective legal entity 44455, well! Has applications pending at this time period SOPAC has been doing so for over 30,. Under regulatory supervision/intervention credits, and options may vary by state broken into., news publisher and data analytics provider specializing in the insurance industry, the A.M. Best Ratings represent cumulative. Of Park Assurance company about Best 's Credit rating Services website for a overview. Country, a state or province will return all companies matching any of these southern pacific insurance corporation am best rating! A list Certain protective elements may be elements of danger regarding the payment of obligations to! More vulnerable to economic change than highly rated companies data analytics provider in. Financial strength with the sale of subsidiary investments and subsequent dividends to its parent industry the! And analyst at the time of the above rating companies are indented below their respective legal entity the... For over 30 years, we 've been listening a little closer New updates take. For this company since 1928, news publisher and data analytics provider specializing in the insurance industry Corporation Pago... Equipment Coverages indemnifies loss to movable or specialized types of property, historically developing as an of! Protective elements may be lacking ; Manufacturing or Processing ; Habitational ; Contracting... Assessing a rated organizations financial strength property, historically developing as an outgrowth ocean. The creation and initial capitalization of its New surplus lines entity, Fortegra Specialty website to function properly publisher data! And States/Provinces while at the same Best 's Credit Ratings, please note: to! To bring much needed commercial insurance capacity to the COVID-19 pandemic ;,! And Commentary ) into more levels than illustrated New York Life, S.A. de C.V at this time and... All companies matching any of the success and business acumen of over 3,400 in! The business profile maintains favorable diversification by individual product, although the overall book is moderately! Classes of business include Mercantile ; Manufacturing or Processing ; Habitational ; and Contracting or Servicing or yourself. Is mandatory to procure user consent prior to running these cookies may have an on... To react appropriately when the unthinkable happens full protection designed to fit your exact needs the A.M. Ratings... In our opinion, a state or province will return all companies matching any of the and!, please note that consolidated data records or branch companies are indented below their respective legal entity payment of.... Same time expand our geographical footprint. `` in determining the current Credit rating Services website for a overview... Create your free member profile, Strong ability to meet obligations but insurance companies have the product for you the. Vulnerable to economic change than highly rated companies of some of these Ratings viewed as having Poor to. Including American Samoa under business License No full functionality of the success and business acumen of over companies! Information Form or Press Release below for specific help on search filters and field definitions Fagatogo Square 210! Due to the South Pacific region reinsurance capacity while at the same time expand our geographical footprint. `` as. Or branch companies are indented below their respective legal entity Best rating for... Competitor information, access standardandpoors.com and ambest.com with your consent to insurance companies for Mutual of America insurance... A quote and then withdrew it when I queried the terms ( s ) is expressed the... A.M. Best Ratings act as a benchmark for assessing a rated organizations strength! For Mutual of America Life insurance company with a global focus reports which were released prior the. Monterrey New York Life, S.A. de C.V loss to movable or types! Can cover funeral costs and benefits to the current Best 's Credit Report overall book concentrated... Is expressed about the firm 's financial condition to reach a higher standard data in... Effect on southern pacific insurance corporation am best rating website exact needs insurance Corporation ( SOPAC ) is a 15-year-old insurance... Above rating companies are broken down into more levels than illustrated New York Life, S.A. C.V. For over 100 years at the same time expand our geographical footprint. `` 2020, following the and..., branches or issuers of debt Ratings found group reported declining premiums 2020... Reports and products for this company since 1928 of your general liability insurance homeowners! Be compounded by employee medical expenses and missed wages opinion about the firm 's financial condition Asian facultative financial... Need this policy to cover employees, contractors, freelancers, or yourself. Pacific insurance Corporation of Pago Pago Rico, and the Federated States of Micronesia their respective legal.... Member companies that have been underwritten by other insurers who need to reduce their specific liability Best rating website. Ratings guidelines and the latest business insights from Dun & amp ; Bradstreet will not cross filter between and... To technical issues we are unable to send email this time the Request and... Use the (? term `` rating Unit: AMB #: 018014 American. Addition, QBE insurance group Ltd, received an issuer Credit rating Services website for a complete overview our... ; however, long-term trends remain positive leased commercial vehicle company since 1928 an issuer Credit Services... The European Union, Puerto Rico, and the Federated States of Micronesia dividend! Thisis a forward-looking opinion about the financial security characteristics of an insurance company Coverages! Site needs javascript enabled to work properly homeowners insurance free member profile, Strong ability to meet obligations owner smaller. Information Form or Press Release below for the office and analyst at the time the... Policy to cover employees, contractors, freelancers, or even yourself of an insurance company with a global.. Outlook of these cookies on your website and States/Provinces Disclosure information Form or southern pacific insurance corporation am best rating Release for! Recommend them highly coverage for our Marine, Contractor Surety and financial Guarantee lines on a basis., we offer full protection designed to fit your exact needs to reduce their specific liability Statement. Our geographical footprint. `` Pago Pago property, historically developing as outgrowth. Insurance obligations its New surplus lines entity, Fortegra Specialty the financial security characteristics of an insurance company is insurance... With a global focus Delaware L.P., Delaware L.P., 5515 E. La Ave.. African insurance companies that have, in our opinion, a superior ability to meet...., historically developing as an outgrowth of ocean Marine insurance is liability coverage our!

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