Kuvare Life Re assigned A- rating by AM Best
Kuvare Life Re Ltd has been given an A- (excellent) financial strength rating by AM Best.
The life and annuity reinsurer holds a Class E insurance licence from the Bermuda Monetary Authority. It is a subsidiary of Kuvare UK Holdings Limited, and focuses on providing underwriting and reinsurance solutions to the life and annuity insurance marketplace.
AM Best also assigned a long-term issuer credit rating of “a-” for Kavare Re. The outlook for both ratings is stable.
The ratings reflect Kuvare Re’s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.