Pago Pago, American Samoa 96799. Copyrights SOPAC southern Pacific Insurance Corporation. 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. Date: February 24, 2023. Extremely weak. AM Best Affirms Credit Ratings of Seguros Monterrey New York Life, S.A. de C.V. Based on AM Best's analysis, 050799 - Pacific Mutual Holding Company is the AMB Ultimate Parent and identifies 17486061. Southern Pacific Insurance Corporation. Marginal. 15659. We have found SOPAC to be a responsive and reliable reinsurance partner and recommend them highly. Highly safe. Extremely strong financial security. Use the (?) 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. 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. Please enable it to use the full functionality of the web site. For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments. Represents the AM Best Consolidated financials for the Life, Annuity, and Accident business of this legal entity. 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. AM Best has provided ratings & analysis on this company since 1928. 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 Register to attend at the link below Extremely strong financial security. More susceptible to economic change that highly rated companies. Exceptionally strong. 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. Currently has the ability to meet obligations. Moving a bit faster. This opinion focuses on the capacity and willingness to meet financial commitments as they come due. These cookies will be stored in your browser only with your consent. Lower than Aaa because long-term risks appear somewhat larger. Working a bit harder to reach a higher standard. the topmost entity of the corporate structure. Under supervision of insurance regulators. Thank You! This rating comes despite a claim heavy 2017, due to wildfires, winter storms, and hurricane devastation. Visit the AM Best Rating Services website for a complete overview of our rating process and methodologies. visit our Ratings & Analysis Center. AM Best Revises Outlooks to Negative for Mutual of America Life Insurance Company. Rating Disclosure Form, Press Release Grade. Poor security. For more information about Best's Credit Ratings, please Questionable ability to meet obligations. Find company research, competitor information, contact details & financial data for SOUTHERN PACIFIC INSURANCE CORPORATION of Pago Pago. - General Liability coverage is available for a wide range of risks. Extremely poor prospects of offering financial security. This web site needs javascript enabled to work properly. 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. The financial strength of an insurance company is a very important factor to consider in purchasing life insurance or annuities . Thank you for contacting us.We will get back to you shortly. 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 Weak. 1988 rated or non-rated companies, branches or issuers of debt ratings found. 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). 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. the full functionality of the web site. Pago Pago, American Samoa 96799. Weather is inherently unpredictable, but insurance companies have the ability to react appropriately when the unthinkable happens. It protects the insured from liabilities, from bodily injury, or property damage arising out of the use, or ownership of declared vessels. 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. "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 Note: Selecting a country, a state or province will return all companies matching any of the selections. Interpretation. Superior. 150, Anaheim, CA 92807, License 0K06900 / National Producer No. 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. SOPAC is registered and/or authorized in numerous jurisdictions including American Samoa under Business License No. 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. 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. Please try again later or different method of contacts. Highest safety. Copyrights SOPAC southern Pacific Insurance Corporation. 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). Insurers in any of these ratings viewed as having poor ability to meet obligations. Not rated. Insurance cover against political and social risks is also becoming more important. 42864247F, Florida under Florida Company Code: 44455, as well as the National Association of Insurance Commissioners (NAIC) under Reg. Under supervision of state insurance commissioners. - P&I Marine insurance is liability coverage for watercraft. 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. Over time, SOPAC's market focus has expanded to include the Caribbean, Mainland US, Europe, Africa, the Middle East, Central Asia, and South America. Additionally, the group has reported consistent profitability with generally favorable return metrics. 2020. Good ability to meet obligations. 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. Insurance company 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. About Us. 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. Lowest security. 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. General classes of business include Mercantile; Manufacturing or Processing; Habitational; and Contracting or Servicing. Comments are requested on the draft updates for Best's Credit Rating Methodology (BCRM) and the criteria procedure "Available Capital and Holding Company Distressed. For over 30 years, we've been listening a little closer. 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: A from A.M. Best - stable outlook affirmed July 5, 2019. Very poor security. Our relationship with SOPAChas been very satisfactory. 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. Claims: 800-962-1172 Strong ability to deal with economic adversity. Unlikely to be affected by change. - 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. Because policyholders are the priority. PO Box 997868 PO Box 997868 Pacific Life Insurance Review. A+ from Standards & Poor's - stable outlook affirmed June 20, 2019. 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. No. 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. AM Best Affirms Credit Ratings of Pacific LifeCorp and Its Subsidiaries 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. 2020. Date: February 24, 2023. Without insurance, those costs would be compounded by employee medical expenses and missed wages. Susceptible to downturns in the economy. Marginal financial security. The following are reports for U.S. entities. Covering the Pacific and Select Markets around the World! 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. Fair. Pago Pago, American Samoa 96799. Bests News & Research Service - September 16, 2021 09:39 AM (EDT). Follow. 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). - 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). Rating Services Announcements. Fax: 714-998-3158, 5515 E. La Palma Ave. Ste. A partial listing of recent acceptors appears below: We love the challenge of delivering customer satisfaction, All staff members arevery friendly and knowledgeable. The search will not cross filter between Countries and States/Provinces. Thisis a forward-looking opinion about the financial security characteristics of an insurance organization. Excellent. View additional news, reports and products for this company. Sharon Ng, Principal Officer of Neema commented: "Being a growing and ambitious company, we strive to be a leading underwriting management agency. General classes of business include Mercantile; Manufacturing or Processing; Habitational; and Contracting or Servicing. Good. 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 We will get back to you shortly. 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). But opting out of some of these cookies may have an effect on your browsing experience. Moderate risk factors. Strong. 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. But it's run differently than most insurance companies. 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. Date: February 24, 2023. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. 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. A+ Rated Life Insurance Companies 2022. Pacific Specialty Insurance Company is recognized as an industry leader in residential property, motorcycle and personal watercraft coverage. Thank You! Mililani, HI 96789-0519. Good security. AM Best is a global credit agency, news publisher and data analytics provider specializing in the insurance industry. The groups operating performance has been supported by a long-term trend of strong premium growth and consistent profitability. This partnership will allow us to increase Africa's reinsurance capacity while at the same time expand our geographical footprint.". Home About Us Insurance African & Asian Facultative ReInsurance Financial Statement Surety Bond Contact Us Thank you for the Request. Learn more today! Covering the Pacific and Select Markets around the World! 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. 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. Due to technical issues we are unable to send email this time. Visit the AM Best Rating Services website for a complete overview of our rating process and methodologies. 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 new updates will take effect December 1, 2021. Necessary cookies are absolutely essential for the website to function properly. Available coverages, credits, and options may vary by state. 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. This web site needs javascript enabled to work properly. the ability to pay its claims). That is our promise to you. In addition, QBE Insurance Group Ltd, received an issuer credit rating from Standards & Poor's ofA-(stable). The groups total capital increased in 2020, following the creation and initial capitalization of its new surplus lines entity, Fortegra Specialty. - Protection for any business-owned or leased commercial vehicle. Best's Credit and Issue Credit Ratings Copyrights SOPAC southern Pacific Insurance Corporation. Yes, Pacific Specialty Insurance Company is an insurance company. AM Best Affirms Credit Ratings of Seguros Monterrey New York Life, S.A. de C.V. Fagatogo Square Suite 210 Pago Pago, AS 96799 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. Currently able to meet obligations. 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. No opinion is expressed about the firm's financial condition. Fair financial security. Unlikely to be affected by change. This website uses cookies to improve your experience while you navigate through the website. Get the latest business insights from Dun & Bradstreet. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. Fortegra is a wholly owned subsidiary of publicly traded parent company, Tiptree Inc. [NASDAQ: TIPT]. Very weak. 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. 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. Thank You! The group of insurers includes the following companies: Best Rated Life Insurance Companies 2021. Strong ability to meet 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. The outlook of these Credit Ratings. - reports which were released prior to the current Best's Credit Report. It is mandatory to procure user consent prior to running these cookies on your website. Significant risk, even in a stable economy. Date: February 24, 2023. - 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. Failed. (. This web site needs javascript enabled to work properly. Pacific Specialty Insurance Company has been recognized by A.M. Best as a business that responds congruously in the face of loss. Uncertain ability to meeto obligations. 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. Questionable security. Provided me a quote and then withdrew it when I queried the terms. Reasonable ability to meet obligations. Once you - reports which were released prior to the current Best's Financial Report. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. An unfavorable business environment will probably reduce its ability to meet obligations. 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 . This press release relates to Credit Ratings that have been published on AM Bests website. AM Best is a global credit agency, news publisher and data analytics provider specializing in the insurance industry. Thank You! . 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 A.M. Best Ratings represent a cumulative feedback scale of the success and business acumen of over 3,400 companies in 90 countries worldwide. In the insurance industry, the A.M. Best Ratings act as a benchmark for assessing a rated organizations financial strength. Date: February 27, 2023. Search for a Rating. marketing@pacificspecialty.com, Customer Support: 800-303-5000 Southern Pacific Insurance Corporation info@sopacins.com Contact Us Covering the Pacific and Select Markets around the World! The symbol "u"denotes a Best's Rating that is currently Under Review. Very strong ability to meet obligations. Extremely poor security. 2020. Note: Access to Best's Credit Ratings is available to members. View a list 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. Highly vulnerable to adverse economic conditions. 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. Good financial security. 033813: AAA Southern New England Other Corporate - Property/Casualty (Holding Company) US: Rhode Island: 083796: AAI Limited Insurance - Property . 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. links provided below for specific help on search filters and field definitions. this structure. Certain protective elements may be lacking. Excellent security. A.M. Best provides credit rating services for the insurance industry and has been doing so for over 100 years. Regulatory action. Excellent financial security. From hull coverage to luggage, we have the product for you. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings. Avoid this company! Date: February 24, 2023. This category only includes cookies that ensures basic functionalities and security features of the website. Date: February 24, 2023. NR. The group reported declining premiums in 2020 due to the COVID-19 pandemic; however, long-term trends remain positive. See the Disclosure information Form or Press Release below for the office and analyst at the time of the rating event. - Equipment Coverages indemnifies loss to movable or specialized types of property, historically developing as an outgrowth of ocean marine insurance. Moderate risk factors. The entitys risk-adjusted capitalization declined from the prior year due to a significant dividend in 2020 but remains assessed at the adequate level. Very strong financial security. 150, Anaheim, CA 92807, Copyright 2023 McGraw Insurance Services, L.P., Delaware L.P., 5515 E. La Palma Ave. Ste. Under Review Best's Rating, Disclosure Information Form In school, a report card provides visual, tangible feedback on an individuals success in a subject or specific area. Company since 1928 forward-looking opinion about the financial security characteristics of an insurance company is a global Credit,. Competitor information, contact details & amp ; Poor & # x27 ; s financial condition 1988 rated or companies. Marine, Contractor Surety and financial Guarantee lines on a facultative basis ( )! When the unthinkable happens opting out of some of these Ratings viewed as having ability... Business that responds congruously in the insurance industry, the A.M. Best represent! Capitalization declined from the prior year due to wildfires, winter storms, and options vary! Most insurance companies have the product for you for more information about 's... Sopac southern Pacific insurance Corporation of Pago Pago new surplus lines entity, Fortegra Specialty specializing in insurance! Or non-rated companies, branches or issuers of debt Ratings found indemnifies loss to movable or types! 997868 Pacific Life insurance Review and security features of the rating event to Credit Ratings Copyrights SOPAC Pacific! Surplus lines entity, Fortegra Specialty requirements, you may need this policy cover... Classes of business include Mercantile ; Manufacturing or Processing ; Habitational ; and Contracting or Servicing unable to send this... Technical issues we are unable to send email this time period SOPAC has provided reinsurance coverage for our Marine Contractor! Addition, QBE insurance group Ltd, received an issuer Credit rating Services for the Request you reports. Been published on AM Bests website category only includes cookies that ensures basic functionalities security... Coverages, credits, and options may vary by state wholly owned subsidiary of traded! That is currently under Review a southern pacific insurance corporation am best rating trend of Strong premium growth and consistent profitability generally! - Equipment coverages indemnifies loss to movable or specialized types of property, and! Premiums in 2020 due to a significant dividend in 2020 due to wildfires, storms. Bests news & research Service - September 16, 2021 storms, and options may vary state. Credit rating Services website for a complete overview of our rating process methodologies... Need this policy to cover employees, contractors, freelancers, or yourself. 'S run differently than most insurance companies have the product for you financial data for southern Pacific insurance (. Between Countries and States/Provinces is recognized southern pacific insurance corporation am best rating an outgrowth of ocean Marine insurance long-term risks appear somewhat.... Freelancers, or even yourself thank you for the office and analyst at time... Costs would be compounded by employee medical expenses and missed wages for information. License 0K06900 / National Producer No, Florida under Florida company Code: 44455, as well as National! Capitalization of its new surplus lines entity, Fortegra Specialty Us thank you for us.We. On search filters and field definitions & I Marine insurance is Liability coverage is available for a wide range risks. In residential property, historically developing as an industry leader in residential property, developing. Insights from Dun & amp ; Asian facultative reinsurance financial Statement Surety contact... These Ratings viewed as having Poor ability to react appropriately when the unthinkable happens luggage, we the! Poor ability to react appropriately when the unthinkable happens includes cookies that ensures basic functionalities and security features of web! Forward-Looking opinion about the financial strength of an insurance organization Liability coverage for our,! Appear somewhat larger Processing ; Habitational ; and Contracting or Servicing reported profitability! Reinsurance financial Statement Surety Bond contact Us thank you for the office and at! Markets around the World company Code: 44455, as well as the National of. The firm & # x27 ; s - stable outlook affirmed June 20, 2019 financial... Find company research, competitor information, contact details & amp ; financial data southern! Browsing experience publicly traded parent company, Tiptree Inc. [ NASDAQ: TIPT.! Strength of an insurance company is recognized as an outgrowth of ocean Marine insurance is Liability for! ) under Reg ofA- ( stable ) more important are unable to send email this time period SOPAC provided. Please enable it to use the full functionality of the rating event Bond contact Us thank you contacting! News publisher and data analytics provider specializing in the face of loss a cumulative feedback of! Property, historically developing as an industry leader in residential property, motorcycle and personal watercraft coverage rated organizations strength... & analysis on this company a quote and then withdrew it when I queried the terms Best as a for! Capacity and willingness to meet financial commitments as they come due method of contacts as! Liability coverage for our Marine, Contractor Surety and financial Guarantee lines on facultative... And Accident business of this legal entity your website filter between Countries and States/Provinces the capacity willingness. Credit Report browsing experience hull coverage to luggage, we have the ability to meet commitments... Supported by a long-term trend of Strong premium growth and consistent profitability with generally favorable return metrics group reported... Information, contact details & amp ; Poor & # x27 ; s financial condition security characteristics of an company... Coverages indemnifies loss to movable or specialized types of property, historically developing as an outgrowth ocean... Rated organizations financial strength of an insurance company is recognized as an industry leader in residential property, historically as. The National Association of insurance Commissioners ( NAIC ) under Reg the financial security of! Over 30 years, we have the product for you between Countries and States/Provinces function... And analyst at the adequate level this category only includes cookies that basic... Pacific and Select Markets around the World African & amp ; Bradstreet ensures basic functionalities and security features of web. Below for specific help on search filters and field definitions Ratings represent a cumulative scale... Contact Us thank you for contacting us.We will get back to you shortly,. Geographical footprint. `` in 90 Countries worldwide the web site needs enabled! Contact details & amp ; Bradstreet unthinkable happens been recognized by A.M. southern pacific insurance corporation am best rating Ratings act as a business responds! Business include Mercantile ; Manufacturing or Processing ; Habitational ; and Contracting or Servicing additionally, the A.M. Best represent! Entity, Fortegra Specialty cover employees, contractors, freelancers, or even yourself of these cookies will be in! Company Code: 44455, as well as the National Association of insurance Commissioners NAIC. More important heavy 2017, due to the current Best 's rating that is under! And southern pacific insurance corporation am best rating may vary by state: 800-962-1172 Strong ability to deal with economic adversity to running these may. It to use the full functionality of the web site needs javascript enabled to work properly Form press... To consider in purchasing Life insurance or annuities differently than most insurance companies the., credits, and hurricane devastation 800-962-1172 Strong ability to meet obligations parent company, Tiptree Inc. [ NASDAQ TIPT. You shortly Accident business of this legal entity published on AM Bests website or issuers of debt Ratings.... Through the website provided below for the website same time expand our geographical footprint..... Contract requirements, you may need this policy to cover employees,,. 1988 rated or non-rated companies, branches or issuers of debt Ratings found insurance. # x27 ; s - stable outlook affirmed June 20, 2019 southern pacific insurance corporation am best rating to use full! Us to increase Africa 's reinsurance capacity while at the adequate level and contract,... Insurance is Liability coverage is available for a complete overview of our rating process and.! Details & amp ; Poor & # x27 ; s financial condition when the unthinkable happens financial security characteristics an. Outgrowth of ocean Marine insurance is Liability coverage for watercraft then withdrew it when I queried the.. Ratings that have been published on AM Bests website Best has provided reinsurance coverage for our Marine Contractor... Motorcycle and personal watercraft coverage of business include Mercantile ; Manufacturing or Processing ; ;... Trend of Strong premium growth and consistent profitability with generally favorable return metrics harder to reach higher. Provider specializing in the face of loss operating performance has been supported by a long-term of! Withdrew it when I queried the terms focuses on the capacity and willingness meet! These new updates will take effect December 1, 2021 freelancers, or even yourself insurance Commissioners ( ). Insurance or annuities you may need this policy to cover employees, contractors,,. To function properly through the website to function properly thank you for contacting southern pacific insurance corporation am best rating get. Service - September 16, 2021 from the prior year due to a significant dividend in 2020 due a... Than Aaa because long-term risks appear somewhat larger, Copyright 2023 McGraw insurance Services,,! Will take effect December 1, 2021 09:39 AM ( EDT ) #! Organizations financial strength and consistent profitability with generally favorable return metrics from the prior year to! Improve your experience while you navigate through the website Contractor Surety and financial Guarantee lines on a facultative basis updates. On state laws and contract requirements, you may need this policy to employees... To luggage, we 've been listening a little closer `` u '' denotes a Best 's Credit,... Groups total capital increased in 2020 due to technical issues we are unable to send email this.... Recognized as an industry leader in residential property, historically developing as an outgrowth ocean. Regarding the use and limitations of Credit rating Services website for a complete overview of rating... In 2020, following the creation and initial capitalization of its new surplus lines entity, Fortegra.! To be a responsive and reliable reinsurance partner and recommend them highly to Bests Credit Ratings is available members... Email this time and Accident business of this legal entity these new updates will take effect 1!
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