Best affirms Endurance A rating
Created: Dec 22, 2009 10:00 AM
AM Best Co. has affirmed the financial strength rating of A (excellent) and of Bermuda-based Endurance Specialty Insurance Ltd. and its affiliates and hasd declared a stable outlook.
Best said the ratings reflect "Endurance's solid level of risk-adjusted capitalisation, favourable historical operating performance and its reasonably diversified business profile".
Endurance has proven its ability to manage capital through market cycles and boasts a solid enterprise risk management framework, Best added.