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AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Bermudian-based Group Ark Insurance Limited. Gail is a wholly owned subsidiary of Ark Insurance Holdings Limited, the non...

AM Best has assigned the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) to Bermudian-based Legal & General Reinsurance Company No. 2 Limited. The outlook assigned to these credit ratings is stable...

The moves to reduce the risk profile, improve earnings and reinforce capital adequacy has factored in the decision of Moody's Investors Service to affirm the A3 financial strength ratings of the insurance businesses of Aspen Insurance Holdings Limite...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Brit Reinsurance (Bermuda) Limited. The outlook of these credit ratings is stable. The ratings reflect Brit Re’s balance ...

The credit ratings of Bermudian-based Fidelis Insurance Holdings Limited and its subsidiaries remain under review with negative implications, AM Best has said. The ratings agency said Fidelis has received regulatory approvals for the separation of it...

A Bermuda company, Lancashire Holdings Limited, and its Bermuda insurer are facing a negative outlook for ratings issued by credit rating agency AM Best. Although recognising several positive attributes of performance and management processes, the ag...

Analysts expect a strong financial year from Bermuda registered International General Insurance Co Ltd, fuelled by factors including excellent underwriting profitability. IGI and its subsidiaries have just had their excellent credit ratings affirmed ...

The Bermuda captive of one of the world’s largest companies has continued strong operating results over the past five years, driven partly by robust underwriting profits and the absence of large losses. Some evidence of this for the single-parent cap...

AM Best has affirmed a financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Harrington Re Ltd. AM Best has also affirmed the long-term ICR of “bbb-” (Good) of Harrington Reinsurance Holdings Limite...

A new report has delivered further evidence of the efficacy of captive insurance, outlining how their use in Bermuda and two Caribbean countries saved their corporate owners demonstrably on insurance costs, when compared to use of commercial insuranc...

AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit ratings of “a-” (Excellent) of Bermudian-based Somers Re Ltd and its subsidiaries. They include Watford Insurance Company Europe Limited (Gibraltar),...

AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Bermudian-based Orion Reinsurance Ltd. The outlook of these credit ratings is stable. The ratings reflect Orion Re’s balance sh...