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The $9-billion pending sale of Bermuda-based PartnerRe Ltd has attracted the attention of rating agencies, with both Moody’s Investor Services and AM Best making statements affirming existing ratings. Moody's affirmed their A1 insurance financial str...

AM Best has affirmed the financial strength rating of the long-term Bermuda captive of the International Association of Superintendents, a subsidiary of the Swiss organisation SGS SA. A Bermuda captive since 1978, Transmonde Services Insurance Compan...

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of a+ (Excellent) of Hiscox Insurance Company (Bermuda) Limited and related Hiscox companies at Lloyd’s, in Guernsey, Chicago ...

Cole Simons, the Leader of the Opposition and shadow finance minister, is suspicious of government use of a little-known rating agency to complete a report on Bermuda. In a statement responding to last week’s announcement releasing the Kroll Bond Rat...

Bermuda is poised to play an important global role in building resilience to climate risk, a sovereign surveillance report on the country has determined. But the island lags in steps needed to address its own defence. The report points to gaps in the...

Bermuda was given the nod of approval by Kroll Bond Rating Agency (KBRA), affirming the island’s long-term issuer ratings and revising it from negative to stable. The report says that the ratings were affirmed because of several key credit considerat...

AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of a- (Excellent) of Bermuda-based Watford Re Ltd and its subsidiaries. In addition,...

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Bermuda-based RVI Guaranty Co Ltd and its Connecticut-domiciled subsidiary, RVI America Insurance Company. The outlook of...

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Oil Casualty Insurance, Ltd. AM Best also has affirmed the Long-Term Issue Credit Rating of bbb (Good) on the $200 milli...

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 Bermuda-domiciled Essent Group Ltd. It includes Essent Guaranty, Inc., Essent Guaranty of ...

AM Best has affirmed the credit ratings of Bermuda-based insurer BF&M Ltd and its subsidiaries. The agency affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of “a” (Excellent) of BF&M Life Insurance Compa...

AM Best has revised the outlook to positive from stable and affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of a- (Excellent) of Ardellis Insurance Ltd. The credit ratings reflect Ardellis’s balance sh...