Log In

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

The ratings reflect company’s balance-sheet strength, strong operating performance, limited business profile and appropriate enterprise risk management

The ratings agency cited elevated reinsurance costs, above-average catastrophic activity, inflation and secondary perils

AM Best credits the hard insurance market for the growth in captives, but notes investment challenges