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AM Best Assigns Credit Ratings to Accelerant Insurance Europe Limited

AM Best Assigns Credit Ratings to Accelerant Insurance Europe Limited
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AM Best Affirms Credit Ratings of Accelerant Insurance Limited and Accelerant Specialty Insurance Company

Posted on 176 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.

AM Best Assigns Preliminary Credit Assessment to Accelerant Insurance Europe Limited

Posted on 11917 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 - Press Release

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.

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