AM Best Affirms Credit Ratings of Accelerant Insurance Limited
AM Best Affirms Credit Ratings of Accelerant Insurance Limited
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- of Accelerant Insurance Limited (Malta). The company is a wholly owned subsidiary of Accelerant Holdings (Accelerant) (Cayman Islands), the non-operating holding company of the Accelerant group. The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect the strategic importance of Accelerant Insurance Limited to the Accelerant group, along with Accelerants consolidated balance sheet strength, which AM Best categorises as very strong, as well as the groups adequate operating performance, limited business profile and appropriate enterprise risk management.