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KBRA Assigns Preliminary Ratings to J.P. Morgan Mortgage Trust 2025-INV2 (JPMMT 2025-INV2)
NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 128 classes of mortgage pass-through certificates from J.P. Morgan Mortgage Trust 2025-INV2 (JPMMT 2025-INV2), a prime RMBS transaction comprising 450 residential mortgages with an aggregate interest-bearing principal balance of approximately $328.7 million as of the cut-off date. The underlying collateral includes both conforming (36.9%) and non-conforming (63.1%) loans and is secured entirely by investment properties. The pool is...
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AM Best Affirms Credit Ratings of Markel Group Inc. and Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” (Good) and the Long-Term Issue Credit Ratings (Long-Term IR) of Markel Group Inc. (Markel) (Glen Allen, VA). AM Best also has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) of all the members of the Markel North America Insurance Group (Markel NA). Additionally, AM Best has affirmed the FSR of A (Excellent) and the Long-Term...
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KKR to Present at the Goldman Sachs 2025 Financial Services Conference
NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (NYSE: KKR) announced today that Scott C. Nuttall, Co-Chief Executive Officer, will present at the Goldman Sachs 2025 Financial Services Conference on Tuesday, December 9, 2025 at 8:40AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at https://ir.kkr.com/events-presentations/. For those unable to listen to the live webcast, a replay will be available on the website shortly after the event. A...
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AM Best Downgrades Issuer Credit Rating of Catholic Order of Foresters
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” (Good) from “bbb+” (Good) and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Catholic Order of Foresters (COF) (Naperville, IL). The outlook of the FSR has been revised to negative from stable. The outlook of the Long-Term ICR is negative. The Credit Ratings (ratings) reflect COF’s balance sheet strength, which AM Best assesses as adequate, as well as its adequate op...
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AM Best Affirms Credit Ratings of First American Title Insurance Group Members and First American Financial Corporation
OLDWICK, N.J.--(BUSINESS WIRE)--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 First American Title Insurance Company (Omaha, NE) and its title affiliates, which are referred to as First American Title Insurance Group (FATIG). In addition, AM Best has affirmed the Long-Term ICR of “bbb” (Good) of the parent holding company, First American Financial Corporation (FAF) (Delaware) [NYSE: FAF]. T...
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AM Best Affirms Credit Ratings of American National Insurance Company and Its Affiliates
OLDWICK, N.J.--(BUSINESS WIRE)--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 American National Insurance Company (ANICO) and its affiliates, American National Life Insurance Company of Texas and American National Life Insurance Company of New York (Glenmont, NY). These companies are collectively referred to as the American National Group (ANG). In addition, AM Best has affirmed the FSR of...
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AM Best Affirms Credit Ratings of Castle Harbour Insurance Limited and Harrington Sound Insurance Limited
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Castle Harbour Insurance Limited (Castle Harbour) and Harrington Sound Insurance Limited (Harrington). These companies are captive insurance companies of SLB N.V. (SLB). The outlook of these Credit Ratings (ratings) is stable. Both captives are domiciled in Bermuda. The ratings of Castle Harbour and Harrington reflect the companies’ b...
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KBRA Assigns Preliminary Ratings to BRAVO Residential Funding Trust 2025-CES3 (BRAVO 2025-CES3)
NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to eight classes of mortgage-backed notes from BRAVO Residential Funding Trust 2025-CES3 (BRAVO 2025-CES3), a $364.1 million RMBS transaction, sponsored by Loan Funding Structure LLC, an affiliate of PIMCO. BRAVO 2025-CES3 consists entirely of closed-end second lien mortgages (CES; 100.0%) and is seasoned approximately two months. The underlying pool comprises of 4,155 loans originated primarily by Rocket Mortgage, LLC (40.9%) and Penn...
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AM Best Affirms Credit Ratings of Santa Lucía S.A. Compañía de Seguros y Reaseguros
AMSTERDAM--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Santa Lucía S.A. Compañía de Seguros y Reaseguros (Santalucía) (Spain). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Santalucía’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management. San...
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Allstate CEO to Present at Goldman Sachs 2025 U.S. Financial Services Conference
NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) announced that Tom Wilson, its Chair, President and Chief Executive Officer, will present at the Goldman Sachs U.S. Financial Services Conference at 7 a.m. CT on Wednesday, Dec. 10. A webcast of the presentation can be accessed at www.allstateinvestors.com. A replay will also be posted there shortly after the presentation ends. Financial information, including material announcements about The Allstate Corporation, is routin...