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The agency said the revision to the ratings outlook reflects the impact of declining risk-adjusted capitalisation

The $400 million fungible add-on to its existing senior secured first-lien term loan was through a private placement

The company is the primary risk carrier within the ASR group, a new entrant in the African corporate specialty reinsurance market

Stable ratings include those of Bermudian-based Prosperity Life Assurance Limited

KBRA said the recent cyberattack on government highlights rising risks but also shows the improving cyber-risk management

Bermuda has maintained its long and short-term issuer ratings at A+ and K1+, respectively, and the outlook remains stable

The ratings reflect Hagerty Re’s balance sheet strength, strong operating performance, neutral business profile and appropriate enterprise risk management

The Kroll Bond Rating Agency has admitted violations of record-keeping provisions and has agreed to be censured

Affirmed ratings reflect consolidated balance sheet strength, adequate operating performance, neutral business profile and appropriate enterprise risk management

The ratings reflect the company’s balance sheet strength, adequate operating performance, neutral business profile and appropriate enterprise risk management

Bermudian insurer weathers higher losses from large medical stop-loss claims, yet still reports a net operating profit for the year

The ratings reflect balance sheet strength, adequate operating performance, neutral business profile and appropriate enterprise risk management