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AM Best has assigned a Preliminary Credit Assessment (PCA) to Accelerant Insurance Europe Limited (Belgium) with a Financial Strength Assessment of A- pca (Excellent) and a Long-Term Issuer Credit Assessment of “a-” pca. The outlook assigned to these PCAs is stable. The company is a wholly owned subsidiary of Accelerant Holdings (Accelerant) (Cayman Islands), the non-operating holding company of the Accelerant group.
The PCA reflects Accelerant’s consolidated balance sheet strength, which AM Best categorises as very strong, as well as the its adequate operating performance, limited business profile and appropriate enterprise risk management.
The PCA considers the role and strategic importance Accelerant Insurance Europe Limited will have as a member of Accelerant as its principal writer of business in the European Union going forward. The company will benefit from common management with the rest o
AM Best Assigns Preliminary Credit Assessment to Accelerant Insurance Europe Limited LONDON (Business Wire)
AM Best has assigned a Preliminary Credit Assessment (PCA) to Accelerant Insurance Europe Limited (Belgium) with a Financial Strength Assessment of A- pca (Excellent) and a Long-Term Issuer Credit Assessment of “a-” pca. The outlook assigned to these PCAs is stable. The company is a wholly owned subsidiary of Accelerant Holdings (Accelerant) (Cayman Islands), the non-operating holding company of the Accelerant group.
The PCA reflects Accelerant’s consolidated balance sheet strength, which AM Best categorises as very strong, as well as the its adequate operating performance, limited business profile and appropriate enterprise risk management.
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.
AM Best Affirms Credit Ratings of Ghana Reinsurance Company Limited - Press Release digitaljournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from digitaljournal.com Daily Mail and Mail on Sunday newspapers.
AM Best Affirms Credit Ratings of Ghana Reinsurance Company Limited
AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of bb of Ghana Reinsurance Company Limited (Ghana Re) (Ghana). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Ghana Re s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, limited business profile and weak enterprise risk management.
Ghana Re s very strong balance sheet strength is underpinned by its risk-adjusted capitalisation being at the strongest level, as measured by Best s Capital Adequacy Ratio (BCAR). Capital requirements are driven by a high level of asset risk due to the concentration of investments in Ghana. Prospectively, AM Best expects Ghana Re s BCAR scores to remain at the strongest level, with good internal capital generation supporting strong premium growth.