|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
09.10.26 - 17:00
|
AM Best Affirms Credit Ratings of Triple Crown Assurance Co. (Business Wire)
|
|
|
OLDWICK, N.J.--(BUSINESS WIRE)--#insurance--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Triple Crown Assurance Co. (TCA) (Dallas, TX). The outlook of these Credit Ratings (ratings) is stable.The ratings reflect TCA's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM).TCA is a captive insurance company wholly owned by Southwest Airlines Co. (SWA), a Texas-based company that operates Southwest Airlines, a major passenger airline in the United States and near-international markets.TCA continues to maintain the strongest level of risk-adjusted capitalization, as measured by Best's Capital Adequacy Ratio (BCAR). While the company's BCAR scores declined below acceptable levels as of year-end 2025 due to a $160 million dividend to SWA, management addressed the shortfall through a $100 mill...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
