Financial strength and credit ratings - Markel Corp

Financial strength and credit ratings

As of 06/18/2019 Financial strength ratings (FSR) (2) Evanston Insurance Company Markel Insurance Company Markel American Insurance Company Markel International Insurance Company Limited Essentia Insurance Company FirstComp Insurance Company Markel Bermuda Limited (1) Alterra America Insurance Company (1) Markel Global Reinsurance Company (1) Markel Insurance SE Lloyd's Syndicate 3000 (3) SureTec Insurance Company SureTec Indemnity Company State National Insurance Company SN Superior Specialty Insurance Company SN National Specialty Insurance Company SN City National Insurance Company SN United Specialty Insurance Company SN Independent Specialty Insurance Company SN

S&P

A (Strong) A A A A A A A A A A+

A.M. Best (1)

A (Excellent) A A A A A A A A A A s A A A A A A A A

Moody's

A2 (Good) A2 A2

A2

A2

Credit ratings Markel senior debt Alterra USA Holdings Ltd. Alterra Finance, LLC

BBB

bbb+

Baa2

BBB

BBB

bbb+

Baa2

Overall outlook

Stable

Stable

Stable

(1) All entities are rated XV for financial size category unless noted. Markel Bermuda Limited, Alterra America Insurance Company and Markel Global Reinsurance Company are rated XIV for financial size category. The State National companies are rated IX for financial size category. The State National Companies are indicated above by the SN superscript. (2) Fitch assigned unsolicited ratings of A+ to a number of Markel's insurance companies and a rating of BBB+ to Markel's Senior Debt. (3) Lloyd's Syndicate: S&P provides an FSR for the Lloyd's marketplace not by individual syndicate. Lloyd's marketplace is rated AA- by Fitch.

Financial strength rating

S&P

A.M. Best Moody's (1-higher, 2-mid-range, 3-lower)

t Investment grade AAA: Extremely strong A++, A+: Superior Aaa: Exceptional

AA

A

BBB BB

B

CCC

A, A- B++, B+ B, B- C++, C+ C, C- D

E

Aa

A

Baa

Ba

B

Caa

Ca

Junk uE CC: Extremely weak F: In liquidation C: Lowest

................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download