Local Business Moody’s gives global banks stable outlook in 2026 The credit ratings agency also expects subdued global economic growth to provide stability The credit ratings agency also expects subdued global economic growth to provide stability Dec 07, 2025 8:00 AM
International Business Moody’s lifts Butterfield’s core credit rating The agency cites strong execution and steady capital at the bank in raising it to baa1 from baa2 The agency cites strong execution and steady capital at the bank in raising it to baa1 from baa2 Dec 02, 2025 8:18 AM
Reinsurance SLB Bermuda captives have excellent ratings affirmed Castle Harbour Insurance and Harrington Sound Insurance are captives of the multinational Castle Harbour Insurance and Harrington Sound Insurance are captives of the multinational Nov 23, 2025 12:56 PM
Reinsurance AM Best downgrades Everen Specialty and affiliate The ratings agency cites continued reserve volatility and declining capital levels at the insurer The ratings agency cites continued reserve volatility and declining capital levels at the insurer Nov 16, 2025 5:32 PM
Reinsurance Hiscox Group receives excellent financial strength rating AM Best also gives the Bermudian-based subsidiary a good long-term issuer credit rating AM Best also gives the Bermudian-based subsidiary a good long-term issuer credit rating Nov 16, 2025 5:11 PM
Reinsurance Credit rating withdrawn for Bermuda captive Insurer in the middle of a legal dispute involving two giant energy companies Insurer in the middle of a legal dispute involving two giant energy companies Nov 14, 2025 7:58 AM
Reinsurance S&P upgrades IGI Holdings The financial strength and long-term issuer credit ratings are moved up from A- to A The financial strength and long-term issuer credit ratings are moved up from A- to A Oct 28, 2025 6:14 PM
Reinsurance Rise of stablecoins could have widespread banking impact The digital currency is accelerating and could reach $2 trillion in market cap in the next three years The digital currency is accelerating and could reach $2 trillion in market cap in the next three years Oct 24, 2025 8:00 AM
Reinsurance AM Best upgrades RenaissanceRe The credit ratings agency changes the reinsurer’s long-term outlook from stable to positive The credit ratings agency changes the reinsurer’s long-term outlook from stable to positive Oct 12, 2025 1:28 PM
Economy KBRA affirms top ratings for Bermuda The agency’s long-term outlook for the island is stable, though risks exist The agency’s long-term outlook for the island is stable, though risks exist Oct 03, 2025 5:40 PM
Reinsurance S&P Global Ratings elevates Ascot Group The agency raises its long-term issuer credit rating on the insurer for its strengthened capital position The agency raises its long-term issuer credit rating on the insurer for its strengthened capital position Aug 29, 2025 7:59 AM
Reinsurance US health insurers get negative outlook AM Best attributed the downgrade to higher medical costs and increased utilisation AM Best attributed the downgrade to higher medical costs and increased utilisation Aug 25, 2025 7:04 PM
Reinsurance KBRA affirms A rating for Somerset Re The credit ratings agency says the firm is expected to maintain strong margins as the company continues to scale The credit ratings agency says the firm is expected to maintain strong margins as the company continues to scale Aug 15, 2025 1:52 PM
Economy Premier: credit ratings mean strengthening economy Moody’s affirmed Bermuda’s A2 status this month, giving the island a stable outlook Moody’s affirmed Bermuda’s A2 status this month, giving the island a stable outlook Jul 18, 2025 8:01 AM
Reinsurance Wilton Re gets long-term issuer default rating BBB Fitch Ratings also gave the firm financial strength ratings of A- Fitch Ratings also gave the firm financial strength ratings of A- Jul 06, 2025 8:00 AM
International Business Burt: Bermuda well placed with robust growth outlook The recent credit ratings from two agencies was described by the Premier as an independent vote of confidence The recent credit ratings from two agencies was described by the Premier as an independent vote of confidence Jun 27, 2025 1:40 PM
Economy Agency warns of risks during Bermuda ratings upgrades Analysts pointed to an ageing and shrinking population coupled with the emigration of the educated workforce Analysts pointed to an ageing and shrinking population coupled with the emigration of the educated workforce Jun 27, 2025 8:02 AM
Reinsurance Rating analysts salute Convex Group Analysts highlight the underwriting skill at the international specialty insurer and reinsurer Analysts highlight the underwriting skill at the international specialty insurer and reinsurer Jun 08, 2025 4:58 PM
Reinsurance SiriusPoint welcomes revised ratings The AM Best change in outlook, from stable to positive, follows a similar one from Fitch The AM Best change in outlook, from stable to positive, follows a similar one from Fitch May 27, 2025 6:50 PM
Local Business S&P affirms Bermuda’s credit rating as stable The decision shows confidence in the island’s economic stability and the government’s handling of corporate income tax The decision shows confidence in the island’s economic stability and the government’s handling of corporate income tax May 14, 2025 6:45 PM
Reinsurance Hamilton Insurance Group excellent ratings affirmed The rating affirmations follow upgrades in April 2024 resulting from a trend of increasingly favourable underwriting results The rating affirmations follow upgrades in April 2024 resulting from a trend of increasingly favourable underwriting results May 01, 2025 7:47 PM
Reinsurance Cavello Bay assigned excellent ratings AM Best said the stable ratings reflected qualities that included a strong balance sheet and strong operating performance AM Best said the stable ratings reflected qualities that included a strong balance sheet and strong operating performance Mar 10, 2025 6:37 PM
Reinsurance Fitch ratings revises outlook on SiriusPoint to positive The decision was made based on the firm’s significant underwriting performance improvement The decision was made based on the firm’s significant underwriting performance improvement Mar 05, 2025 6:43 PM
Reinsurance Evergreen Insurance steps back from AM Best rating process The news came as the agency affirmed the financial strength of the Bermudian-based Class 2 insurer The news came as the agency affirmed the financial strength of the Bermudian-based Class 2 insurer Mar 05, 2025 5:12 PM
Reinsurance AM Best affirms Fidelis ratings The credit ratings agency says insurance group maintains the strongest level of risk-adjusted capitalisation The credit ratings agency says insurance group maintains the strongest level of risk-adjusted capitalisation Mar 03, 2025 7:15 PM
Reinsurance Vantage Risk’s ratings affirmed by AM Best Agency says it anticipates the group’s operating performance will continue to improve as its business plan is executed Agency says it anticipates the group’s operating performance will continue to improve as its business plan is executed Mar 03, 2025 7:00 PM
Reinsurance Fitch finds positives in life insurance reforms The ratings agency says the NAIC and BMA have enhanced regulatory reforms to better assess reinsurers’ risk The ratings agency says the NAIC and BMA have enhanced regulatory reforms to better assess reinsurers’ risk Feb 28, 2025 7:59 AM
Reinsurance AM Best revises outlook to positive for Somers Re The agency also affirmed the ratings of the Bermudian-based company and its subsidiaries The agency also affirmed the ratings of the Bermudian-based company and its subsidiaries Feb 17, 2025 3:47 PM
Reinsurance AM Best assigns ratings to Bermuda’s Soteria Reinsurance The agency said the company has a mix of affiliated business assumed from Fidelity Investments Life Insurance Company The agency said the company has a mix of affiliated business assumed from Fidelity Investments Life Insurance Company Feb 13, 2025 6:13 PM
Reinsurance AM Best assigns ratings to Bermuda start-up Mereo The ratings agency has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) The ratings agency has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) Feb 10, 2025 6:22 PM