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Kuvare Shares Newly Published Robust Company Ratings
February 4, 2021 GMT
CHICAGO (BUSINESS WIRE) Feb 4, 2021
Kuvare US Holdings, Inc. (collectively with its affiliates, “Kuvare”) is pleased to share financial strength ratings for segments of the Kuvare organization, as recently published by AM Best Company, Inc. (“AM Best”) and Kroll Bond Rating Agency (“KBRA”).
First, Kuvare Life Re Ltd. (“KLR”), Kuvare’s Bermuda-based reinsurance company, is newly rated by both AM Best and KBRA. AM Best has issued an A- (Excellent) rating, and KBRA issued an A- (stable) insurance financial strength rating. Since inception in 2016, KLR has closed four significant reinsurance transactions totaling nearly $3 billion of third-party reinsurance reserves. “We are very pleased with the results of our first ratings processes, and we believe that these ratings are reflective of both our b
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