Reinsurance Mellon Bank captives deemed creditworthy BNY Trade and Hamilton are single-parent captives of their ultimate parent, the Bank of New York Mellon Corporation Jun 08, 2023
International Business SEC ends reliance on credit ratings A 2011 report of the Financial Crisis Inquiry Commission finds that “the failures of credit-rating agencies were essential cogs” in the 2008 financial crisis Jun 08, 2023
Reinsurance Stable outlook for Aegis credit ratings AM Best says Aegis continues to maintain the strongest level of risk-adjusted capitalisation Jun 06, 2023
Reinsurance Ratings upgrade for Convex companies The ratings agency said Convex has demonstrated excellent market acceptance since its inception May 31, 2023
Reinsurance Excellent Hamilton Re credit ratings affirmed AM Best says recent strategic shifts by the company have helped moderate the underwriting performance volatility May 30, 2023
Reinsurance Takeover target Validus Re under review by AM Best Ratings actions follow the announcement that Validus Re is to be sold to RenaissanceRe Holdings Ltd May 29, 2023
Technology Fitch downgrades debt-ridden Digicel The agency downgraded the Long-Term Issuer Default Ratings of Digicel companies May 29, 2023
Reinsurance Excellent credit ratings affirmed at Nectaris Re The credit ratings of Bermudian-domiciled Nectaris Re Ltd have been affirmed by AM Best May 15, 2023
Reinsurance Excellent Athora Life Re credit ratings affirmed Athora Life Re excellent credit ratings affirmed by agency AM Best, as the Bermuda reinsurer continues its growth trajectory May 14, 2023
Reinsurance Excellent ratings affirmed for Lumen Re A Bermudian-based reinsurer has been assessed by the credit ratings agency AM Best May 14, 2023
Reinsurance Credit ratings for Citadel Re withdrawn AM Best says that a Class 3A Bermuda reinsurer’s regulatory and capital requirements makes for a doubtful future May 11, 2023
Economy S&P maintains stable outlook for Bermuda credit rating A rating agency expects the local economy to remain healthy, supporting government finances and limiting the need to increase gross debt May 10, 2023