Aa2 (Excellent) insurance financial strength rating by Moody's, the credit ratings agency.

ACE Global Markets is a subsidiary of Bermuda-based ACE Limited. According to a company release, syndicate 2488 is currently the largest single syndicate at Lloyd's with a capacity of 600 million this year.

Moody's has also assigned performance and volatility ratings to syndicates, with syndicate 2488 currently holding an A-. The syndicate also carries the maximum five bell Lloyd's Syndicate Performance Measure by Standard & Poor's.