LONDON, November 03, 2023 AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a+" (Excellent) of Hiscox Insurance Company (Bermuda) Limited (HIB), Hiscox Insurance Company Limited (HICL) (United Kingdom), Hiscox Insurance Company (Guernsey) Limited (HIG) and Hiscox Insurance Company Inc. (HICI) (Chicago, Illinois, USA). At the same time, AM Best has affirmed the Long-Term ICR of "bbb+" (Good) of Hiscox Ltd (Hiscox) (Ber
Mauritius-based private equity fund Shorecap III, LP has received Central Bank of Kenya (CBK) clearance to acquire a 20 percent stake in Credit Bank, deepening deals in the Kenyan banking sector.