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Ratings of bank captives affirmed

Ratings of bank captives affirmed
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AM Best Affirms Credit Ratings of BNY Trade Insurance, Ltd and The Hamilton Insurance Corp

AM Best Affirms Credit Ratings of BNY Trade Insurance, Ltd and The Hamilton Insurance Corp
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AM Best has affirmed the financial strength ratings of A (Excellent) and the long-term issuer credit ratings of “a+” (Excellent) of Bermuda-based BNY Trade Insurance and New York-based The Hamilton Insurance Corp (Hamilton)

Mellon Bank captives deemed creditworthy

A New York bank’s Bermuda insurer is one of two captive insurance companies with excellent credit ratings that have again been attested to by global rating agency AM Best. The agency affirmed the fina.

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