AM Best downgrades Kingstone Insurance Company to B+ from B++
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

AM Best downgrades Kingstone Insurance Company to B+ from B++

Eli Rallo
August 06, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Aerial View Over Broadway Street South Kingston New York

AM Best has downgraded the financial strength rating of Kingstone Insurance Company from B++ with a negative outlook to B+ with a stable outlook, highlighting volatile underwriting results in recent years as a driver.

The company’s long-term issuer credit rating (ICR) was also adjusted to bbb- from bbb. Additionally, AM Best downgraded the long-term ICR of insurance holding company Kingstone Companies to bb- from bb.

AM

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsPersonal Lines
ER
Eli Rallo
Gift this article