KFSI


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AcronymDefinition
KFSIKingsway Financial Services Inc. (Canada)
KFSIKeane Federal Systems, Inc. (Keane, Inc.)
KFSIKempe Family Stress Inventory (parental assessment evaluation)
References in periodicals archive ?
Best also cited reserve increases in 2007 from accidents of prior years, and the overall capitalization of KFSI as reasons for Lincoln's downgrade.
All senior debt is unconditionally guaranteed by KFSI and KAI.
The ratings for KFSI and its subsidiaries also recognize their weak capitalization, above average financial and operating leverage, unprofitable earnings trends and the challenges they face from strong competitive markets, weak economic conditions, below average interest rates, declining premium volume and rising claims costs.
However; KFSI faces significant execution risk in attracting investors.
The downgrading of the ratings of KFSI, KAI and selected operating subsidiaries reflects the continued deteriorating financial condition of the parent company through the first nine months of 2009.
The ratings of KFSI and its remaining insurance subsidiaries remain under review with negative implications pending A.
The downgrading of the ratings of KFSI, KAI and selected operating subsidiaries reflects the significant deterioration in the parent company's financial condition and recognizes A.
All debt is unconditionally guaranteed by KFSI and KAI, and all the above ratings have been removed from under review with negative implications and assigned a negative outlook, except where specified.
In addition, the reserve increases in 2007 on prior accident years have put current year earnings significantly under projections, and the overall capitalization of KFSI has been weakened.
Best remains concerned with this continued poor reserving trend of KFSI overall.
The ratings of KFSI reflect its stronger balance sheet and ongoing profitability in its core property/casualty insurance operations.
Best will continue to monitor the progress of each of the KFSI insurance companies as they continue to improve upon capital adequacy and operating performance through controlled growth, disciplined and conservative reserving and underwriting, efficient expense management and prudent investing practices.