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AM Best has affirmed the financial strength ratings of A (Excellent) and the long-term issuer credit ratings of “a+” (Excellent) of Bermudian-based BNY Trade Insurance Ltd and The Hamilton Insurance Corp, based in Melville, New York. Both are single-...

AM Best has affirmed the financial strength ratings of A (Excellent) and the long-term issuer credit ratings of “a” (Excellent) of Aspen Bermuda Limited (ABL) and three related companies -- Aspen Insurance UK Limited (AIUK), Aspen American Insurance ...

PartnerRe Ltd has had its ratings affirmed on the eve of its $9 billion sale to French mutual insurer Covéa. AM Best affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of the operating ...

AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of four subsidiaries of Bermudian-based Convex Group Limited. Island-based Convex Re Limited (CRL), Convex Insurance UK Li...

All of Bermuda, regardless of political orientation, should be encouraged by the news that rating agency Standard & Poor's has reaffirmed Bermuda’s A+ sovereign credit rating, A-1 short-term rating, and AA+ transfer and convertibility assessment — an...

AM Best has removed Coralisle Group Ltd’s subsidiaries from “under review with developing implications” and affirmed CG’s credit rating following its acquisition this month of Barbados-based Massy United Insurance Ltd, the Bermudian-based insurer rep...

AM Best has affirmed the financial strength rating of A (Excellent) and long-term issuer credit rating of “a” (Excellent) of Nectaris Re Ltd, the operating subsidiary of Nectaris Holdings Ltd, both of which are domiciled in Bermuda. The outlook of th...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Bermudian-based Lumen Re Ltd. The outlook of these credit ratings is stable. The agency said the ratings reflect Lumen Re...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Bermudian-based Nissan Global Reinsurance Ltd, the captive insurer for the automobile manufacturing giant. The outlook of...

AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit ratings of “A-” (Excellent) of two wholly-owned subsidiaries of Bermudian-based Hamilton Insurance G...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a+” (Excellent) of Bermudian-based Cedar Hamilton Limited and its parent company, Nuclear Electric Insurance Limited of Delaware. Cedar Ham...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of “a+” (Excellent) of the members of Athene Group, which is the consolidation of the organisation’s US operating companies, along with its af...