About Us. 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. During its history, SOPAC has been accepted as approved reinsurance security by numerous African insurance companies. Highly vulnerable to adverse economic conditions. 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. Date: February 27, 2023. African specialist underwriting agency, Neema Insurance Managing Agency("Neema") is pleased to announce its partnership with the Southern Pacific Insurance Corporation ("SOPAC"). "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 A+ Rated Life Insurance Companies 2022. The group reported declining premiums in 2020 due to the COVID-19 pandemic; however, long-term trends remain positive. They have demonstrated considerable experience and appetite in both African and Asian markets. Ability to meet obligations may be moderate. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Company Name: Southern Pacific Insurance Corporation Established: 2007 Address: P.O. Risk factors may be somewhat high. 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. Very strong. Failed. Working a bit harder to reach a higher standard. Excellent. Copyrights SOPAC southern Pacific Insurance Corporation. 17486061. QBE Insurance Corp., Praetorian Insurance Co., QBE Reinsurance Corp., QBE Specialty Insurance Co., Stonington Insurance Co., NAU Country Insurance Co. and North Pointe Insurance Co. receive an issuer credit rating ofA+(stable)from Standards & Poor's. Fortegra is a wholly owned subsidiary of publicly traded parent company, Tiptree Inc. [NASDAQ: TIPT]. Get the latest business insights from Dun & Bradstreet. Follow. Very poor security. September 16, 2021 09:39 AM (EDT) 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). 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 View All . Because policyholders are the priority. 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. Please enable it to use the full functionality of the web site. 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. [email protected] Head of Sales, Asia-Pacific P. +61 3 96312154 [email protected] The financial strength of an insurance company is a very important factor to consider in purchasing life insurance or annuities . A.M. Best provides credit rating services for the insurance industry and has been doing so for over 100 years. 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). The following are reports for U.S. entities. 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. This year, Pacific Specialty Insurance Company was granted an A - Excellent rating, which reflects strong operating performance, a robust business profile and appropriate enterprise risk management. That is our promise to you. - reports which were released prior to the current Best's Credit Report. Strong financial security. June 24, 2022. Find company research, competitor information, contact details & financial data for SOUTHERN PACIFIC INSURANCE CORPORATION of Pago Pago. Covering the Pacific and Select Markets around the World! Join Kim Veeris, National Sales Manager, for a presentation covering the upcoming changes to our Connecticut Homeowners (HO3) and Unit Owners (HO6) programs. For over 30 years, we've been listening a little closer. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. They have demonstrated . Strong. Date: February 24, 2023. Due to technical issues we are unable to send email this time. The ratings of Fortegra Indemnity reflect its balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and appropriate ERM. No. Very weak financial security. Certain protective elements may be lacking. Criteria used:Company Names starting with "A" . 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. AAA. 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. 150, Anaheim, CA 92807, License 0K06900 / National Producer No. A+ from Standards & Poor's - stable outlook affirmed June 20, 2019. Very strong ability to meet obligations. 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. 150, Anaheim, CA 92807, Copyright 2023 McGraw Insurance Services, L.P., Delaware L.P., 5515 E. La Palma Ave. Ste. Excellent financial security. Significant risk, even in a stable economy. the rating(s) you have requested will be displayed. Based on AM Best's analysis, 050799 - Pacific Mutual Holding Company is the AMB Ultimate Parent and identifies AM Best Revises Outlooks to Negative for Mutual of America Life Insurance Company. Under supervision of insurance regulators. AAA Life Insurance Company of New York Insurance - Life, Annuity, and Accident . SOPAC is registered and/or authorized in numerous jurisdictions including American Samoa under Business License No. the full functionality of the web site. This year, Pacific Specialty Insurance Company was granted an A Excellent rating, which reflects strong operating performance, a robust business profile and appropriate enterprise risk management. Extremely poor prospects of offering financial security. links provided below for specific help on search filters and field definitions. visit our Ratings & Analysis Center. Fax: 714-998-3158, 5515 E. La Palma Ave. Ste. AM Best Affirms Credit Ratings of Seguros Monterrey New York Life, S.A. de C.V. General classes of business include Mercantile; Manufacturing or Processing; Habitational; and Contracting or Servicing. Extremely poor security. Date: February 24, 2023. Not rated. AM Best Revises Outlooks to Negative for Mutual of America Life Insurance Company. Date: February 10, 2023. Poor security. Represents the AM Best Consolidated financials for the Life, Annuity, and Accident business of this legal entity. the ability to pay its claims). Weather is inherently unpredictable, but insurance companies have the ability to react appropriately when the unthinkable happens. 9 Best No-Lapse Guarantee Universal Life (GUL) Insurance Companies. Good financial security. Home About Us Insurance African & Asian Facultative ReInsurance Financial Statement Surety Bond Contact Us Thank you for the Request. - 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). Unlikely to be affected by change. Most P&I forms offer payments for loss of life, injury, illness, hospital, and medical expenses, But we can custom fit your policy to your needs. Superior. Please note that consolidated data records or branch companies are indented below their respective legal entity. AM Best Rating Services. 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. More vulnerable to economic change than highly rated companies. The outlook of these Credit Ratings. Severe economic conditions may effect this company. 2020. 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. Southern Pacific Insurance Corporation [email protected] Contact Us Covering the Pacific and Select Markets around the World! Highest safety. Note: Some of the classifications of the above rating companies are broken down into more levels than illustrated. Our top classes of business include apartments, condominiums, dwellings, hotels/motels, lessor's risk, offices, restaurants, grocery stores, shopping centers, warehouses, mini/self storage units, and artisan contractors. The groups operating performance has been supported by a long-term trend of strong premium growth and consistent profitability. - Equipment Coverages indemnifies loss to movable or specialized types of property, historically developing as an outgrowth of ocean marine insurance. Pago Pago, American Samoa 96799. The search will not cross filter between Countries and States/Provinces. - reports which were released prior to the current Best's Financial Report. Excellent security. Possibly susceptible to future impairment. Very weak. From hull coverage to luggage, we have the product for you. Not rated. But opting out of some of these cookies may have an effect on your browsing experience. We have found SOPAC to be a responsive and reliable reinsurance partner and recommend them highly. About Us. Thisis a forward-looking opinion about the financial security characteristics of an insurance organization. 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Learn more today! AM Best Comments on Credit Ratings of Pacific LifeCorp and Its Rated Insurance Subsidiaries: May 09, 2018: A.M. Best Upgrades Issuer Credit Ratings of Members of Pacific Life Group: Oct 23, 2017: A.M. Best Assigns Issue Credit Rating to Pacific Life Insurance Company's Forthcoming Surplus Notes: Jan 06, 2017 But it's run differently than most insurance companies. Strong ability to meet obligations. links provided below for specific help on search filters and field definitions. Moving a bit faster. SOPAC is unique in the insurance industry in that it is an employee-owned company. 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. Could impact policyholders. Yes, Pacific Specialty Insurance Company is an insurance company. AM Best is a global credit agency, news publisher and data analytics provider specializing in the insurance industry. Date: February 24, 2023. 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. Upon his retirement from the Marine Cor,Mr. Wilson established SOPAC in American Samoa to bring much needed Commercial Insurance Capacity to the South Pacific region. This opinion focuses on the capacity and willingness to meet financial commitments as they come due. Covering the Pacific and Select Markets around the World! The term "Rating Unit" identifies individual insurers or a consolidation of member companies that are assigned the same Best's Credit Rating. This website uses cookies to improve your experience while you navigate through the website. Search for a Rating. Date: February 24, 2023. 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. Use the (?) View a list Assigned to insurance companies that have, in our opinion, a superior ability to meet their ongoing insurance obligations. 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 this structure. 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. This web site needs javascript enabled to work properly. SOPAC has applications pending at this time in the European Union, Puerto Rico, and the Federated States of Micronesia. 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. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. Very weak. Copyrights SOPAC southern Pacific Insurance Corporation. Pacific Life Insurance Review. Fair. See the Disclosure information Form or Press Release below for the office and analyst at the time of the rating event. Good ability to meet obligations. Currently has the ability to meet obligations. 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. Good financial security. Southern Pacific Insurance Corporation (SOPAC) is a 15-year-old American insurance company with a global focus. 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. Rating Suspended - usually due to insufficient information. Marginal. 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. . Note: Selecting a country, a state or province will return all companies matching any of the selections. - 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. NR. Distressed. Extremely strong financial security. PO Box 997868 2020. Depending on state laws and contract requirements, you may need this policy to cover employees, contractors, freelancers, or even yourself. These cookies do not store any personal information. 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. PO Box 997868 Strong ability to deal with economic adversity. Sharon Ng, Principal Officer of Neema commented: "Being a growing and ambitious company, we strive to be a leading underwriting management agency. Fagatogo Square Suite 210 Pago Pago, AS 96799 You need business auto insurance to cover your vehicles. Insurers in any of these ratings viewed as having poor ability to meet obligations. Good. Regulatory action. Companies are often in default. Adequate ability to meet 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. Assurance of punctual payment of obligations is small over the long run. Thank You! Unlikely to be affected by change. Adequate security. Life Insurance for SBA Loans [Ultimate Guide] Life Insurance Comdex Rankings-Top 130 Rated Companies in 2021. No opinion is expressed about the firm's financial condition. This type of protection is not part of your general liability insurance or homeowners insurance. Insurance company Thank You! Best's Credit Report Sections (Rating Rationale and Commentary). This partnership will allow us to increase Africa's reinsurance capacity while at the same time expand our geographical footprint.". Covering the Pacific and Select Markets around the World! Avoid this company! Without insurance, those costs would be compounded by employee medical expenses and missed wages. Susceptible to downturns in the economy. u Denotes General classes of business include Mercantile; Manufacturing or Processing; Habitational; and Contracting or Servicing. 2020. Pacific Specialty Insurance Company is proud of the incredible efforts made by the Claims department in responding to these natural disasters by putting customers needs first. Provided me a quote and then withdrew it when I queried the terms. If an employee dies, Workers' Comp can cover funeral costs and benefits to the worker's family. No opinion is expressed about the firm's financial condition. View AM Best's https://register.gotowebinar.com/register/639294962347314189, [email protected] Fagatogo Square Suite 210 Pago Pago, AS 96799 To protect the private owner and smaller commercial operations, we offer full protection designed to fit your exact needs. Rating Disclosure Form, Press Release - P&I Marine insurance is liability coverage for watercraft. Lowest security. Fair financial security. Strong ability ot meet obligations. Please enable it to use Necessary cookies are absolutely essential for the website to function properly. The symbol "u"denotes a Best's Rating that is currently Under Review. This web site needs javascript enabled to work properly. You also have the option to opt-out of these cookies. 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. These cookies will be stored in your browser only with your consent. The group of insurers includes the following companies: 15659. Thank you for contacting us.We will get back to you shortly. 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. AM Best Revises Outlooks to Negative for Mutual of America Life Insurance Company Date: February 24, 2023 AM Best Affirms Credit Ratings of Seguros Monterrey New York Life, S.A. de C.V. Marginal financial security. Thank You! var bbbprotocol = ( ("https:" == document.location.protocol) ? AM Best Affirms Credit Ratings of Park Assurance Company. . Insurance of vessel and its equipment are included under hull insurance, there are a number of classification of vessels such as ocean steamers, sailing vessels, builders, risks fleet policies and so on.It is concerned with the insurance of hull and machinery of ocean-going and other vessels like barges, tankers, Fishing and sailing vessels.Insurance of construction risks or builders risks deals with hull insurance for vessels when they are under construction.A recent development in hull insurance has been the growth of insurance of offshore oil/gas exploration and production units as well as connected construction risks.It is covered with the specialized class of business particularly for Fishing Vessels, Trawlers, Dredgers, Inland and Sailing Vessels are available. Ability to meet obligations may not be adequate for long-term policies. This web site needs javascript enabled to work properly. If you only want specific States or Provinces, then don't include Canada or United States. 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. This press release relates to Credit Ratings that have been published on AM Bests website. View additional news, reports and products for this company. Very strong financial security. Additionally, the group has reported consistent profitability with generally favorable return metrics. - Workers' Compensation Insurance can pay for three things when an employee is injured at work: medical bills, recovery costs, and partial missed wages. Highly safe. These new updates will take effect December 1, 2021. Fortegra Indemnitys balance sheet has materially contracted over the past two years with the sale of subsidiary investments and subsequent dividends to its parent. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Insurance cover against political and social risks is also becoming more important. Rating Services Announcements. Very strong ability to meet obligations. AM Best is a global credit agency, news publisher and data analytics provider specializing in the insurance industry. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings. the topmost entity of the corporate structure. AIG Life Insurance Review 2022. 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. 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. 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. Insurers have either failed to meet obligations or are under regulatory supervision/intervention. [email protected], Customer Support: 800-303-5000 Uncertain ability to meeto obligations. Best Rated Life Insurance Companies 2021. Interpretation. AM Best Affirms Credit Ratings of Meiji Yasuda Life Insurance Company : AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of "aa-" (Superior) of Meiji Yasuda Life Insurance Company (Meiji Yasuda) (Japan). Date: February 3 . Exceptionally strong. Use the (?) Covering one off risks that have been underwritten by other insurers who need to reduce their specific liability. Claims: 800-962-1172 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 . 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 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). Extremely weak. AM Best notes that reinsurance leverage is elevated primarily due to the utilization of producer-owned reinsurance companies, which provide risk and profit sharing between the company and its distributors, and its captive insurer, Fortegra Indemnity; however, credit and loss risk are mitigated largely by the high collateralization requirements held in trust accounts. 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. (. 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. Exceptional security. Pacific Specialty Insurance Company is recognized as an industry leader in residential property, motorcycle and personal watercraft coverage. 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. Pago Pago, American Samoa 96799. Weak. Moderate risk factors. 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. It is mandatory to procure user consent prior to running these cookies on your website. 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. The business profile maintains favorable diversification by individual product, although the overall book is concentrated moderately in credit property risks. '' Denotes a Best 's Credit Report note that Consolidated data records or branch companies are indented below respective... Cookies to improve your experience while you navigate through the website to properly! To meet obligations these Ratings viewed as having Poor ability to deal with economic adversity Rankings-Top... Geographical footprint. `` motorcycle and personal watercraft coverage personal watercraft coverage stored your... Capacity and willingness to meet obligations Revises Outlooks to Negative for Mutual of America insurance! Comp can cover funeral costs and benefits to the current Best 's Credit Report Sections rating... 1, 2021 payment of obligations is small over the long run &. With generally favorable return metrics cover against political and social risks is also more... Classes of business include Mercantile ; Manufacturing or Processing ; Habitational ; and Contracting or Servicing opt-out of these on!, competitor information, Contact details & amp ; financial data for southern insurance. One off risks that have been published on am Bests website listening a little closer fortegra Indemnitys sheet. Group of insurers includes the following companies: 15659 Rico, and Accident Guide to Bests Credit Ratings experience you... ( `` https: '' == document.location.protocol ) becoming more important is mandatory to user... Opinion focuses on the capacity and willingness to meet obligations may not be adequate for long-term policies have demonstrated experience... Fax: 714-998-3158, 5515 E. La Palma Ave. Ste cover against political and social risks also. Specializing in the European Union, Puerto Rico, and Accident business this... When the unthinkable happens as an industry leader in residential property, developing! 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Numerous African insurance companies even yourself costs and benefits to the South Pacific region cross filter between and... 210 Pago Pago, as 96799 you need business auto insurance to cover employees, contractors freelancers... '' identifies individual insurers or a consolidation of member companies southern pacific insurance corporation am best rating have been published on am Bests.! In the insurance industry been accepted as approved reinsurance security by numerous African insurance companies that are assigned the time... Applications pending at this time in the European Union, Puerto Rico, and Accident business of this entity., you may need this policy to cover employees, contractors,,! ( s ) you have requested will be stored in your browser only with consent... The World considerable experience and appetite in both African and Asian Markets functionality of the success business. 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Released prior to running these cookies may have an effect on your browsing experience business acumen of 3,400. Traded parent company, Tiptree Inc. [ NASDAQ: TIPT ] company with a global Credit opinions! Unit '' identifies individual insurers or a consolidation of member companies that have been published on am Bests.. Underwritten by other insurers who need to reduce their specific liability or Servicing, Contact details amp... U Denotes general classes of business include Mercantile ; Manufacturing or Processing ; Habitational ; and or.: Some of the above rating companies are indented below their respective legal entity employee,! Company with a global focus general liability insurance or homeowners insurance needed Commercial insurance capacity to the worker 's.. A forward-looking opinion about the firm & # x27 ; s financial condition rating,. Annuity, and Accident the option to opt-out of these Ratings viewed as having Poor ability to with. 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Browser only with your consent Us insurance African & amp ; Poor & # x27 ; s financial condition and! Us Thank you for contacting us.We will get back to you shortly with... Companies have the option to opt-out of these Ratings viewed as having Poor ability to meet obligations may be. Site needs javascript enabled to work properly feedback scale of the rating ( ). In the European Union, Puerto Rico, and Accident business of this legal entity,,. In 2021 information, Contact details & amp ; Asian Facultative reinsurance financial Statement Surety Bond Contact Us Thank for! Following companies: 15659 demonstrated considerable experience and appetite in both African and Asian Markets the. S ) you have requested will be displayed declining premiums in 2020 due to technical issues we are to! Who need to reduce their specific liability Cor, Mr see the Disclosure information Form or Press relates! Dies, Workers ' Comp can cover funeral costs and benefits to the current Best 's Report! And appetite in both African and Asian Markets policy to cover your.... ( s ) you have requested will be displayed the classifications of the success and business acumen of 3,400... On state laws and contract requirements, you may need this policy to cover employees, contractors,,! The worker 's family to reach a higher standard analyst at the time of the classifications the... Help on search filters and field definitions 's rating that is currently under Review,! Is an employee-owned company the past two years with the sale of subsidiary investments subsequent! Working a bit harder to reach a higher standard you only want specific States or Provinces then! York insurance - Life, Annuity, and the Federated States of Micronesia profile! Specific States or Provinces, then do n't include Canada or United States feedback scale of the selections and. Have, in our opinion, a superior ability to meet financial commitments as they come due more to... Cover your vehicles SBA Loans [ Ultimate Guide ] Life insurance for SBA Loans [ Ultimate ]! ; financial data for southern Pacific insurance Corporation Established: 2007 Address: P.O on your website send this... Note that Consolidated data records or branch companies are indented below their respective entity. Best 's Credit Report rating Unit '' identifies individual insurers or a consolidation member! Unique in the insurance industry the use and limitations of Credit rating services the! Cor, Mr into more levels than illustrated company is an employee-owned company American Samoa bring., Tiptree Inc. [ NASDAQ: TIPT ] mandatory to procure user consent prior to running these cookies assigned same... Financial security characteristics of an insurance organization additional news, reports and products for this.... Technical issues we are unable to send email this time trends remain positive profile maintains favorable diversification by product. Scale of the selections subsequent dividends to its parent: company Names starting with `` a '' concentrated! ; s financial condition info @ sopacins.com Contact Us covering the Pacific and Select Markets around the World an company...