A.M. Best Company has affirmed an “A+” (Superior) rating of Houston-based HCC Insurance Holdings Inc. group of companies, consisting of Houston Casualty Company, U.S. Specialty Insurance Company and Avemco Insurance Company. In addition, the rating for HCC Life Insurance Company has been upgraded from “A” to “A+.”
The affirmation reflects HCC’s strong capitalization both group-wide and at its individual subsidiaries, as well as the company’s superior long-term profitability, conservative debt to capital ratio. Also considered was HCC’s strong and consistent debt service capacity.
Was this article valuable?
Here are more articles you may enjoy.
Florida-Based Safepoint Withdraws IPO Just as it Was Expected to Launch 
PE-Backed Insurance Broker Hub International Files Confidentially for US IPO 
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested 
What Happens to Property Pricing in ’27, Insurance, Reinsurance Execs Ask From This Issue
