Log In

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...

AM Best has affirmed the ratings of two Bermudian-domiciled captive insurance companies for Schlumberger Limited, a global technology company in the energy industry. The agency has affirmed the financial strength rating of A (Excellent) and the long-...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Bermuda captive Evergreen Insurance Company Limited, with a stable outlook. The ratings reflect EICL’s balance sheet stre...

AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of XL Bermuda Ltd (Axa XL) and its subsidiaries. The outlook of these credit ratings is stable. The ratings reflect Axa XL’...

AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Bermudian-based NEWGT Reinsurance Company Ltd. The outlook of these credit ratings is stable. NEWGT is a wholly owned s...

AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to Bermudian-based Research Insurance Company Limited. The outlook assigned to these credit ratings is stable. RICL is a capti...

Bermuda’s $22 million revenue loss in aircraft registry receipts as a result of the withdrawal of Russian aircraft certification business, can be covered by better than expected tourism receipts, a rating agency has declared. It was a position taken ...

New BF&M Limited group president and CEO Abigail Clifford has reacted to the confirmation of the Bermuda insurer’s “A” financial strength rating by AM Best. The rating agency affirmed the financial strength rating of A (Excellent) of BF&M Life In...

AM Best has affirmed the financial strength ratings of A (Excellent) and the long-term issuer credit ratings of “a+” (Excellent) of Bermudian-based Ascot Group Limited’s operating subsidiaries. The ratings are in respect of Ascot Bermuda Limited, as ...

AM Best has downgraded the long-term issuer credit rating of Sompo International Holdings Ltd, the Bermudian-based re/insurer, from “a” (Excellent) to “a-” (Excellent). The agency said the downgrade is to harmonise the intermediate holding company cr...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of “a” (Excellent) of the operating subsidiaries of Essent Group Ltd, the mortgage re/insurer based in Bermuda. The subsidiaries are island-ba...