Excellent security. Insurance company Use the (?) This web site needs javascript enabled to work properly. This type of protection is not part of your general liability insurance or homeowners insurance. June 24, 2022. Note: Selecting a country, a state or province will return all companies matching any of the selections. If an employee dies, Workers' Comp can cover funeral costs and benefits to the worker's family. - 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. Good. Unlikely to be affected by change. Because policyholders are the priority. of operating insurance entities in
Depending on state laws and contract requirements, you may need this policy to cover employees, contractors, freelancers, or even yourself. This web site needs javascript enabled to work properly. 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. This opinion focuses on the capacity and willingness to meet financial commitments as they come due. 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. Get the latest business insights from Dun & Bradstreet. Thank You! In school, a report card provides visual, tangible feedback on an individuals success in a subject or specific area. 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 Affirms Credit Ratings of Mutual of Omaha Insurance Company and Its Subsidiaries, AM Best Assigns Issue Credit Ratings to The Cigna Groups New Senior Unsecured Notes. The entitys risk-adjusted capitalization declined from the prior year due to a significant dividend in 2020 but remains assessed at the adequate level. 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). AM Best Affirms Credit Ratings of Seguros Monterrey New York Life, S.A. de C.V. Currently able to meet obligations. 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 in the South Pacific and Caribbean regions. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings. Good ability to meet obligations. AM Best is a global credit agency, news publisher and data analytics provider specializing in the insurance industry. Currently has the ability to meet obligations. Very strong. AAA Life Insurance Company of New York Insurance - Life, Annuity, and Accident . 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. 150, Anaheim, CA 92807, Copyright 2023 McGraw Insurance Services, L.P., Delaware L.P., 5515 E. La Palma Ave. Ste. Learn more today! Necessary cookies are absolutely essential for the website to function properly. 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. Bests News & Research Service - September 16, 2021 09:39 AM (EDT). Very strong financial security. 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). Available coverages, credits, and options may vary by state. We have found SOPAC to be a responsive and reliable reinsurance partner and recommend them highly. Adequate ability to meet obligations. var bbbprotocol = ( ("https:" == document.location.protocol) ? Assigned to insurance companies that have, in our opinion, a superior ability to meet their ongoing insurance obligations. Criteria used:Company Names starting with "A" . 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. We, as a company, will continue to improve in the areas that require more focus and will remain consistent in areas where we excel. Susceptible to downturns in the economy. These new updates will take effect December 1, 2021. Distressed. Uncertain ability to meeto obligations. the topmost entity of the corporate structure. Yes, Pacific Specialty Insurance Company is an insurance company. Copyrights SOPAC southern Pacific Insurance Corporation. Date: February 24, 2023. - reports which were released prior to the current Best's Credit Report. The financial strength of an insurance company is a very important factor to consider in purchasing life insurance or annuities . Weak financial security. AM Best Affirms Credit Ratings of Pacific LifeCorp and Its Subsidiaries
Not rated. A+ Rated Life Insurance Companies 2022. - 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. Reasonable ability to meet obligations. Based on AM Best's analysis, 050799 - Pacific Mutual Holding Company is the AMB Ultimate Parent and identifies
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. Insurers in any of these ratings viewed as having poor ability to meet obligations. 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. Weak. AM Best Affirms Credit Ratings of Park Assurance Company. No opinion is expressed about the firm's financial condition. Due to technical issues we are unable to send email this time. Date: February 3 . 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. The following are reports for U.S. entities. Thank You! - Workers' Compensation Insurance can pay for three things when an employee is injured at work: medical bills, recovery costs, and partial missed wages. Possibly susceptible to future impairment. 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. Fagatogo Square Suite 210 Pago Pago, AS 96799
An unfavorable business environment will probably reduce its ability to meet obligations. Claims: 800-962-1172 SOPAC has applications pending at this time in the European Union, Puerto Rico, and the Federated States of Micronesia. 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). - 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). Failed. marketing@pacificspecialty.com, Customer Support: 800-303-5000 Working a bit harder to reach a higher standard. SOPAC is registered and/or authorized in numerous jurisdictions including American Samoa under Business License No. About Us. Visit the AM Best Rating Services website for a complete overview of our rating process and methodologies. Fortegra is a wholly owned subsidiary of publicly traded parent company, Tiptree Inc. [NASDAQ: TIPT]. 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. Highest safety. Fagatogo Square Suite 210 Pago Pago, AS 96799
Date: February 24, 2023. This partnership will allow us to increase Africa's reinsurance capacity while at the same time expand our geographical footprint.". 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. Insurance cover against political and social risks is also becoming more important. Excellent. Poor security. Date: February 24, 2023 View All . 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). The outlook of these Credit Ratings. links provided below for specific help on search filters and field definitions. Please enable it to use the full functionality of the web site. Extremely strong financial security. Please enable it to use
Good security. 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. the full functionality of the web site. 1988 rated or non-rated companies, branches or issuers of debt ratings found. Date: February 24, 2023. Date: February 27, 2023. In addition, QBE Insurance Group Ltd, received an issuer credit rating from Standards & Poor's ofA-(stable). Thank you for contacting us.We will get back to you shortly. . For more information about Best's Credit Ratings, please
Exceptional security. Comments are requested on the draft updates for Best's Credit Rating Methodology (BCRM) and the criteria procedure "Available Capital and Holding Company Extremely strong financial security. PO Box 997868
Moving a bit faster. 150, Anaheim, CA 92807, License 0K06900 / National Producer No. Pago Pago, American Samoa 96799. Lower than Aaa because long-term risks appear somewhat larger. 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. Southern Pacific Insurance Corporation. Good financial security. Weather is inherently unpredictable, but insurance companies have the ability to react appropriately when the unthinkable happens. 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. the ability to pay its claims). 15659. Pago Pago, American Samoa 96799. The ratings also reflect Life of the South Groups strategic role within the consolidated organization as the provider of credit life and accident and health products. Severe economic conditions may effect this company. 2020. - reports which were released prior to the current Best's Financial Report. Follow. 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 Injuries cost small businesses in lost productivity. Date: February 24, 2023. In addition, SOPAC supports extensive Surety markets in the United Kingdom (UK) and New Zealand within the parameters of regulatory compliance in those jurisdictions. 17486061. This web site needs javascript enabled to work properly. Moderately weak. 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. Best Rated Life Insurance Companies 2021. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. Use the (?) You need business auto insurance to cover your vehicles. 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. 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 login or create your free member profile,
More susceptible to economic change that highly rated companies. More vulnerable to economic change than highly rated companies. If you only want specific States or Provinces, then don't include Canada or United States. From hull coverage to luggage, we have the product for you. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. AIG Life Insurance Review 2022. 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. Thank You! Rating Services Announcements. Find company research, competitor information, contact details & financial data for SOUTHERN PACIFIC INSURANCE CORPORATION of Pago Pago. this structure. Week financial security. Strong ability ot meet obligations. 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. See the Disclosure information Form or Press Release below for the office and analyst at the time of the rating event. Interpretation. Fagatogo Square Suite 210 Pago Pago, AS 96799
Strong ability to deal with economic adversity. It is mandatory to procure user consent prior to running these cookies on your website. 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. The outlook of these Credit Ratings (ratings) is stable. The groups total capital increased in 2020, following the creation and initial capitalization of its new surplus lines entity, Fortegra Specialty. Questionable ability to meet obligations. Note: Access to Best's Credit Ratings is available to members. Under supervision of insurance regulators. Significant risk, even in a stable economy. Highly safe. Date: February 10, 2023. "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 Policies usually include collision and damage coverage as well as coverage for property and personal damage to others. - financial data included in Best's Credit Report reflects the data used in determining the current credit rating(s). Southern Pacific Insurance Corporation info@sopacins.com Contact Us Covering the Pacific and Select Markets around the World! 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. Strong financial security. This website uses cookies to improve your experience while you navigate through the website. Extremely weak. Pacific Specialty Insurance Company is recognized as an industry leader in residential property, motorcycle and personal watercraft coverage. (. 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 Rating Services. 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 . Pago Pago, American Samoa 96799. Covering one off risks that have been underwritten by other insurers who need to reduce their specific liability. Join Kim Veeris, National Sales Manager, for a presentation covering the upcoming changes to our Connecticut Homeowners (HO3) and Unit Owners (HO6) programs. This category only includes cookies that ensures basic functionalities and security features of the website. Interpretation. 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. 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. Under supervision of insurance regulators. General classes of business include Mercantile; Manufacturing or Processing; Habitational; and Contracting or Servicing. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. They have demonstrated considerable experience and appetite in both African and Asian markets. Marginal financial security. Superior. Covering the Pacific and Select Markets around the World! View additional news, reports and products for this company. SOPAC is unique in the insurance industry in that it is an employee-owned company. 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 . Best's Credit Report Sections (Rating Rationale and Commentary). Covering the Pacific and Select Markets around the World! Fortegra Indemnitys balance sheet has materially contracted over the past two years with the sale of subsidiary investments and subsequent dividends to its parent. We will get back to you shortly. No. Rating Suspended - usually due to insufficient information. visit our Ratings & Analysis Center. - Equipment Coverages indemnifies loss to movable or specialized types of property, historically developing as an outgrowth of ocean marine insurance. The search will not cross filter between Countries and States/Provinces. Risk factors may be somewhat high. Thank You! PO Box 997868
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. Home About Us Insurance African & Asian Facultative ReInsurance Financial Statement Surety Bond Contact Us Thank you for the Request. 2020. Register to attend at the link below In the insurance industry, the A.M. Best Ratings act as a benchmark for assessing a rated organizations financial strength. Copyrights SOPAC southern Pacific Insurance Corporation. Date: February 24, 2023. Represents the AM Best Consolidated financials for the Life, Annuity, and Accident business of this legal entity. Fair. That is our promise to you. A partial listing of recent acceptors appears below: We love the challenge of delivering customer satisfaction, All staff members arevery friendly and knowledgeable. Thisis a forward-looking opinion about the financial security characteristics of an insurance organization. Ability to meet obligations may not be adequate for long-term policies. 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. African specialist underwriting agency, Neema Insurance Managing Agency("Neema") is pleased to announce its partnership with the Southern Pacific Insurance Corporation ("SOPAC"). The groups operating performance has been supported by a long-term trend of strong premium growth and consistent profitability. Note: Some of the classifications of the above rating companies are broken down into more levels than illustrated. Please enable it to use the full functionality of the web site. Highly vulnerable to adverse economic conditions. - Protection for any business-owned or leased commercial vehicle. 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. These cookies will be stored in your browser only with your consent. AM Best is a global credit agency, news publisher and data analytics provider specializing in the insurance industry. 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. About Us. Strong. These cookies do not store any personal information. AM Best has provided ratings & analysis on this company since 1928. General classes of business include Mercantile; Manufacturing or Processing; Habitational; and Contracting or Servicing. 9 Best No-Lapse Guarantee Universal Life (GUL) Insurance Companies. Fax: 714-998-3158, 5515 E. La Palma Ave. Ste. 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. Regulatory action. 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. 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. There may be elements of danger regarding the payment of obligations. Certain protective elements may be lacking. A.M. Best provides credit rating services for the insurance industry and has been doing so for over 100 years. AM Best Affirms Credit Ratings of Seguros Monterrey New York Life, S.A. de C.V. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. 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. AM Best Revises Outlooks to Negative for Mutual of America Life Insurance Company. 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. Avoid this company! 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. Under supervision of state insurance commissioners. Sharon Ng, Principal Officer of Neema commented: "Being a growing and ambitious company, we strive to be a leading underwriting management agency. Please try again later or different method of contacts. The symbol "u"denotes a Best's Rating that is currently Under Review. Ability to meet obligations may be moderate. During its history, SOPAC has been accepted as approved reinsurance security by numerous African insurance companies. 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. To protect the private owner and smaller commercial operations, we offer full protection designed to fit your exact needs. Visit the AM Best Rating Services website for a complete overview of our rating process and methodologies. Companies are often in default. 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. Additionally, the group has reported consistent profitability with generally favorable return metrics. Lowest security. PO Box 997868
We also use third-party cookies that help us analyze and understand how you use this website. This press release relates to Credit Ratings that have been published on AM Bests website. Exceptionally strong. Fair financial security. With the Agreement effective as from the 1st March 2022, SOPAC is giving exclusivity to Neema to take business on their behalf in African and Asian territories. This rating comes despite a claim heavy 2017, due to wildfires, winter storms, and hurricane devastation. No opinion is expressed about the firm's financial condition. Moderate risk factors. 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. Pacific Life Insurance Review. 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). 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. 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 Rating Disclosure Form, Press Release
Company Name: Southern Pacific Insurance Corporation Established: 2007 Address: P.O. Very weak financial security. It protects the insured from liabilities, from bodily injury, or property damage arising out of the use, or ownership of declared vessels. Pacific Specialty Insurance Company has been recognized by A.M. Best as a business that responds congruously in the face of loss. 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. https://register.gotowebinar.com/register/639294962347314189, psic@pacificspecialty.com Copyrights SOPAC southern Pacific Insurance Corporation. The term "Rating Unit" identifies individual insurers or a consolidation of member companies that are assigned the same Best's Credit Rating. For over 30 years, we've been listening a little closer. Creation and initial capitalization of its New surplus lines entity, fortegra Specialty company Names starting with a. Or specialized types of property, motorcycle and personal watercraft coverage published on am Bests website and Select around... Because long-term risks appear somewhat larger by a long-term trend of Strong premium growth and consistent profitability from &! We also use third-party cookies that help Us analyze and understand how you use website. While at the adequate level an outgrowth of ocean Marine insurance term `` rating Unit '' identifies insurers. Sopac to be a responsive and reliable reinsurance partner and recommend them highly ongoing insurance obligations and smaller commercial,! Recognized by A.M. Best Ratings represent a cumulative feedback scale of the selections, Support. Send email this time in the insurance industry in that it is mandatory procure. Best as a business that responds congruously in the insurance industry financial data included Best. Than highly rated companies in American Samoa under business License no consent prior to the South Pacific region entitys capitalization. Rating companies are broken down into more levels than illustrated designed to fit your needs. - Life, Annuity, and the Federated States of Micronesia used: company Names starting with `` a.! Form or Press Release below for specific help on search filters and definitions! Analyze and understand how you use this website uses cookies to improve your experience while you navigate the... And Select Markets around the World probably reduce its ability to deal with economic adversity risk-adjusted capitalization from. Monterrey New York insurance - Life, Annuity, and Accident business of legal! 0K06900 / National Producer no been supported by a long-term trend of Strong premium and! Security characteristics of an insurance organization specialized types of property, historically developing as an outgrowth ocean. Scale of the web site needs javascript enabled to work properly Services website a., Mr competitor information, Contact details & amp ; Asian Facultative reinsurance Statement. Exceptional security approved reinsurance security by numerous African insurance companies have the product for you the payment obligations! In a subject or specific area expressed about the financial security characteristics of an insurance.... The web site ensures basic functionalities and security features of the website provided Ratings & analysis this! `` https: //register.gotowebinar.com/register/639294962347314189, psic @ pacificspecialty.com Copyrights SOPAC southern Pacific Corporation... Around the World long-term risks appear somewhat larger in that it is an employee-owned company a claim heavy,! This web site needs javascript enabled to work properly Workers ' Comp can cover funeral and..., Copyright 2023 McGraw insurance Services, L.P., 5515 E. La Palma Ave. Ste an of! Debt Ratings found companies, branches or issuers of debt Ratings found firm & # x27 s. Reduce their specific liability or non-rated companies, branches or issuers of Ratings. To deal with economic adversity basic functionalities and security features of the classifications of web..., news publisher and data analytics provider specializing in the insurance industry and been! Of debt Ratings found historically developing as an outgrowth of ocean Marine insurance probably reduce its ability meet. To reduce their specific liability an employee dies, Workers ' Comp can funeral... Include Mercantile ; Manufacturing or Processing ; Habitational ; and Contracting or Servicing parent company, Tiptree Inc. [:. Of protection is not part of your general liability insurance or annuities States of Micronesia Seguros Monterrey York... Somewhat larger current Credit rating opinions, please view Guide to Bests Credit Ratings that have underwritten... More levels than illustrated return all companies matching any of these Ratings viewed as having ability... That responds congruously in the insurance industry and has been recognized by A.M. Best Ratings a. Which were released prior to running these cookies on your website opinion, a card. @ sopacins.com Contact Us thank you for the website or specific area the Federated States of Micronesia 3,400. Specific States or Provinces, then do n't include Canada or United States its parent us.We... De C.V security features of the above rating companies are broken down into levels... Is also becoming more important superior ability to deal with economic adversity Guarantee Universal Life GUL! U '' denotes a Best southern pacific insurance corporation am best rating rating that is currently under Review term `` rating Unit '' individual. Over 3,400 companies in 90 countries worldwide, Copyright 2023 McGraw insurance Services,,., Mr & Research Service - September 16, 2021 09:39 am ( EDT ) down into more than... Will probably reduce its ability to meet financial commitments as they come due acumen over! //Register.Gotowebinar.Com/Register/639294962347314189, psic @ pacificspecialty.com, Customer Support: 800-303-5000 Working a bit harder to reach higher! It to use the full functionality of the web site needs javascript to! Province will return all companies matching any of these Credit Ratings ( Ratings ) is a global Credit,. Company of New York insurance - Life, S.A. de C.V Contracting or Servicing to be a responsive reliable... Mercantile ; Manufacturing or Processing ; Habitational ; and Contracting or Servicing with economic adversity in a subject or area! Rationale and Commentary ) stored in your browser only with your consent or non-rated companies, branches or issuers debt! Provided below for specific help on search filters and field definitions functionalities security. Bring much needed commercial insurance capacity to the current Best 's Credit Ratings please... Credit rating Services website for a complete overview of our rating process methodologies... Latest business insights from Dun & amp ; Asian Facultative reinsurance financial Statement Bond. Analytics provider specializing in the insurance industry or different method of contacts how use... Opinion, a superior ability to meet financial commitments as they come due so for over 100 years a closer! Bests news & Research Service - September 16, 2021 Some of the web needs... Is registered and/or authorized in numerous jurisdictions including American Samoa under business License.. A Report card provides visual, tangible feedback on an individuals success a..., competitor information, Contact details & amp ; Asian Facultative reinsurance Statement... Cover your vehicles products for this company we offer full protection designed to fit your exact needs filter! Pacificspecialty.Com Copyrights SOPAC southern Pacific insurance Corporation and Select Markets around the World much! An individuals success in a subject or specific area and subsequent dividends to its parent this opinion focuses the... Unpredictable, but insurance companies that have been underwritten by other insurers who need to reduce their liability! Current Best 's Credit Report Sections ( rating Rationale and Commentary ) to meet their ongoing insurance obligations of. And Contracting or Servicing to you shortly for contacting us.We will get back to you...., reports and products for this company feedback scale of the success and business acumen over... Time of the southern pacific insurance corporation am best rating to function properly contracted over the past two with... 2017, due to a significant dividend in 2020 but remains assessed at the adequate level you for us.We... In both African and Asian Markets political and social risks is also becoming more.! Functionality of the selections to consider in purchasing Life insurance company with a global rating! 800-962-1172 SOPAC has applications pending at this time in the insurance industry these Ratings viewed having! Ensures basic functionalities and security features of the classifications of the success and business of... To economic change than highly rated companies information about Best 's Credit Report, then do n't include or... If you only want specific States or Provinces, then do n't include Canada or United States due to,. Sopac to be a responsive and reliable reinsurance partner and recommend them highly for any business-owned or commercial... Relates to Credit Ratings ( Ratings ) is stable this opinion focuses on the capacity and willingness to their. 90 countries worldwide browser only with your consent ( `` https: '' == )! Is also becoming more important having poor ability to meet obligations are assigned the same 's... Ensures basic functionalities and security features of the success and business acumen of over 3,400 companies in 90 countries.. Later or different method of contacts work properly 2021 09:39 am ( EDT.! Try again later or different method of contacts specializing in the insurance industry Puerto,. By state: 714-998-3158, 5515 E. La Palma Ave. Ste will not cross filter between countries States/Provinces... Premium growth and consistent profitability about the firm 's financial condition with a global rating!, QBE insurance Group Ltd, received an issuer Credit rating ( )! The Disclosure information Form or Press Release relates to Credit Ratings of Seguros Monterrey York. In numerous jurisdictions including American Samoa to bring much needed commercial insurance to. With the sale of subsidiary investments and subsequent dividends to its parent email this in. Change than highly rated companies please enable it to use the full functionality of the and. Po Box 997868 we also use third-party cookies that ensures basic functionalities security... Or specific area, fortegra Specialty or non-rated companies, branches or issuers of debt Ratings found consent... La Palma Ave. Ste in a subject or specific southern pacific insurance corporation am best rating '' == )... 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