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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...

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) (Bermuda) and its subsidiaries. The outlook of these Credit Ratings (ratings) is stable. The rat...

AM Best has upgraded the Long-Term Issuer Credit Ratings to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating of A (Excellent) of Ascot Bermuda Limited, as well as Ascot Insurance Company and Ascot Specialty Insurance C...

Fitch Ratings has affirmed Bermuda-based Fortitude Reinsurance Company Ltd.'s insurer financial strength rating at 'BBB+' and its holding company, Fortitude Group Holdings, LLC.'s (Fortitude), Long-Term Issuer Default Rating at 'BBB'. The Rating Outl...

AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Fergus Reinsurance Limited (Hamilton, Bermuda). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best...

AM Best has assigned a financial strength rating of B++ (Good) and a long-term issuer credit rating of “bbb+” (Good) to ASR Re Limited (Bermuda). ASR Re has been licensed as a Class 3A insurer by the Bermuda Monetary Authority. AM Best said the compa...

A Bermuda run-off reinsurer that originated through various legacy reinsurance transactions with former majority shareholder, American International Group, Inc. (AIG), has been assigned a stable financial strength rating of A (Excellent) and stable l...

Credit ratings agency AM Best has assigned a preliminary credit assessment to start-up company North End Re Ltd (Bermuda). The agency said it has assigned a financial strength assessment of A- pca (Excellent) and a long-term issuer credit assessment ...

Ratings agency AM Best has affirmed the financial strength rating of A+ (Superior) of the operating subsidiaries of Bermudian-based re/insurer PartnerRe Ltd. The agency also affirmed the long-term issuer credit rating of “aa-” of the operating subsid...

Ratings agency Standard & Poors has reaffirmed Bermuda’s A+ sovereign credit and long and short term debt ratings, the finance minister announced last night. The reaffirmation of Bermuda's A+ long-term sovereign credit and senior unsecured debt rati...

AM Best has improved the outlook for two subsidiaries of Bermudian-based Convex Group Ltd. The agency has revised the outlooks to positive from stable and affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating...