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 ?
All senior debt is unconditionally guaranteed by KFSI and KAI.
However; KFSI faces significant execution risk in attracting investors.
KFSI is in the process of selling the Mendota Group and anticipates completing a transaction before year-end 2010.
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.
The under review status is based upon KFSI successfully executing a corrective plan of action to improve capitalization, debt leverage, reserve development, operating performance and overall enterprise risk management.
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.