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Gracie Point Issues $75 Million in Preferred Equity to Fund Continued Global Growth and Acquisitions prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Gracie Point lead investors include HSCM Bermuda royalgazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from royalgazette.com Daily Mail and Mail on Sunday newspapers.
Press release content from Business Wire. The AP news staff was not involved in its creation. 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 reflec ....