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AM Best has revised the implications of the under review status to developing from negative for the financial strength rating of C- (Weak) and the long-term issuer credit rating of “cc” (Very Weak) of American Millennium Insurance Company of New Jers...

The credit ratings of two Bermudian-based companies have been placed under review with negative implications by AM Best. The ratings agency said it has placed under review with negative implications the financial strength ratings of A- (Excellent) an...

AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” (Good) of Bermudian-based ASR Re Limited. The outlook of these credit ratings is stable. The ratings reflect ASR Re’s balance sheet stre...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of “a+” (Excellent) of the operating subsidiaries of Bermudian-based Axis Capital Holdings Limited. The ratings agency also affirmed the long-...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Bermudian-based Rembrandt Insurance Company Ltd. Rembrandt is a captive re/insurer of Vitol Holding BV, a group engaged i...

AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Bermudian-based Golden Tree Reinsurance Limited. The outlook of the credit ratings is stable. Golden Tree is a subsidiary of Ir...

The announcement by Bermudian-based Fidelis Insurance Holdings Limited that it is to create a managing general underwriter has impacted the ratings of the company and its subsidiaries with AM Best. The ratings agency has placed under review with nega...

AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa” (Superior) of Bermudian-based Assured Guaranty Re Overseas Ltd. The outlook of these credit ratings is stable. The ratings reflect Agro...

Fitch Ratings has upgraded Bermudian-based PartnerRe Ltd following its recent acquisition by Covéa Cooperations SA, the French mutual insurer. Covéa acquired PartnerRe from EXOR NV for total cash consideration of $9.1 billion. Fitch upgraded PartnerR...

AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of Bermudian-based Top Layer Reinsurance Ltd. The outlook of these credit ratings is stable. The ratings reflect Top Layer’...

AM Best has affirmed the long-term issuer credit ratings of “bbb-” (Good) of Bermudian-based R&Q Insurance Holdings Ltd. Concurrently, AM Best has removed from under review with negative implications and affirmed the financial strength ratings of A- ...

AM Best has affirmed the credit ratings of Bermudian-based RenaissanceRe Holdings Limited and its main subsidiaries. The ratings agency affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit ratings of “aa-” (Superior...