AM Best Affirms Credit Ratings of United Kingdom Mutual War Risks Association Limited
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of United Kingdom Mutual War Risks Association Limited (UK War Risks or the Association) (United Kingdom). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect UK War Risks balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
UK War Risks balance sheet strength is underpinned by its risk-adjusted capitalisation that is at the strongest level, as measured by Best s Capital Adequacy Ratio (BCAR). Offsetting balance sheet strength factors include the Association s small capital base and its dependence on reinsurance. UK War Risks cedes almost all of its underwriting risk to third-party reinsurers, retaining only a small de
AM Best Affirms Credit Ratings of Oman Insurance Company P.S.C.
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a of Oman Insurance Company P.S.C. (OIC) (United Arab Emirates). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect OIC s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
OIC s balance sheet strength is underpinned by its strongest level of risk-adjusted capitalisation, as measured by Best s Capital Adequacy Ratio (BCAR). AM Best expects prospective BCAR scores to remain comfortably in excess of the minimum required for the strongest level assessment, as the company actively manages its capital position, ensuring its capital base supports its business plans. The company s balance sheet strength is supported by its conservative investment portfolio, excell
AM Best Assigns Credit Ratings to Accelerant Insurance Europe Limited finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
AM Best Affirms Credit Ratings of Jacana Re Limited
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a of Jacana Re Limited (Jacana Re) (Guernsey). Jacana Re is a subsidiary of BHL Holdings Limited (BHL), the non-operating holding company of the BHL group. The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Jacana Re s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management. In addition, the ratings consider, in the form of lift, Jacana Re s strategic importance to its parent company, BHL, as the group s internal reinsurer.
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AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Accelerant Insurance Limited (AIL) (Malta) and Accelerant Specialty Insurance Company (ASIC) (Little Rock, AR). The companies are wholly owned subsidiaries 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 AIL and ASIC to the Accelerant group, along with Accelerant’s consolidated balance sheet strength, which AM Best categorises as very strong, as well as the group’s adequate operating performance, limited business profile and appropriate enterprise risk management.