Reinsurance News

ratings

Ratings are a critical component of the insurance and reinsurance market, providing important indications of financial strength and creditworthiness for insurers and reinsurers.

Read all of our insurance and reinsurance ratings news below.

Beazley’s new Bermuda entity gets stable outlook as AM Best reacts to acquisition news

5th February 2026

Beazley Bermuda Insurance Limited (BBIL), the London-domiciled specialist insurer and reinsurer’s new Bermuda entity, has been assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” (Excellent) by credit ratings agency AM Best. The outlook assigned to these ratings is stable. The ratings align ... Read the full article

Beazley’s new Bermuda entity receives PCA from AM Best

14th January 2026

AM Best has assigned a Preliminary Credit Assessment (PCA) to Beazley Bermuda Insurance Limited (BBIL), the London-headquartered specialist insurer and reinsurer’s new Bermuda entity. BBIL received a Financial Strength Assessment of A pca (Excellent) and a Long-Term Issuer Credit Assessment of “a+” pca (Excellent), with a stable outlook on the PCA. Readers ... Read the full article

AM Best upgrades Arch on diversification and outperformance

19th December 2025

AM Best has upgraded Arch Capital Group and its subsidiaries’ ratings, citing the firm’s strong operating performance and a proven track record of delivering superior underwriting results and investment returns, even during softer market conditions. Notably, AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “aa” (Superior) from ... Read the full article

Fitch upgrades Oman Re’s credit rating, assigns stable outlook

17th December 2025

Fitch Ratings has upgraded Oman Re's Insurer Financial Strength (IFS) Rating to 'BBB' from 'BBB-', assigning a Stable Outlook. According to Fitch, the upgrade reflects reduced investment and asset risk following the upgrade of the Oman's sovereign rating to 'BBB-' on 8 December 2025. The reduction in investment and asset risk were ... Read the full article

MNK’s Florida Re gets A- rating from AM Best

9th December 2025

Credit ratings agency AM Best has assigned Florida Insurance and Reinsurance Company (Florida Re), a subsidiary of global independent re/insurance conglomerate, MNK Group Holdings, a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent). Simultaneously, MNK Group, London, has received a Long-Term ICR ... Read the full article

AM Best upgrades credit ratings of CNA Financial and subsidiaries

4th December 2025

AM Best has upgraded the credit ratings of Chicago-based insurer CNA Financial Corporation (CNAF) and its property/casualty (P/C) subsidiaries, collectively known as CNA Insurance Companies (CNA), and the members of Western Surety Group (WSG). Financial Strength Rating (FSR) was upgraded to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit ... Read the full article

AM Best shifts Conduit Re’s outlook to stable and reaffirms strong ratings

4th December 2025

AM Best, the credit rating agency, has adjusted its outlook on Conduit Reinsurance Limited (Conduit Re) from positive to stable. The agency also confirmed Conduit Re’s Financial Strength Rating of A- (Excellent) and its Long-Term Issuer Credit Rating of “a-” (Excellent). Conduit Re, based in Bermuda, is a specialist pure-play reinsurer ... Read the full article

S&P lifts Africa Re ratings to ‘A’ due to consistent strong performance

1st December 2025

S&P Global Ratings has raised the long-term issuer credit and insurer financial strength ratings for African Reinsurance Corp. (Africa Re) and its South African subsidiary, African Reinsurance Corp. (South Africa) Ltd., to 'A' from 'A-', driven by its long track record of strong operating performance while managing foreign currency risks ... Read the full article

S&P revises Saudi Re’s outlook to positive

26th November 2025

S&P Global Ratings has revised Saudi Re’s outlook to positive from stable citing improved performance indicators, mainly the company’s strengthening competitive position and robust capital buffers. The rating agency also affirmed its 'A-' long-term issuer credit and insurer financial strength ratings and 'gcAAA' Gulf Cooperation Council regional scale rating on the ... Read the full article

AM Best assigns credit ratings to AIG subsidiary American International Reinsurance Global

26th November 2025

Credit rating agency AM Best has assigned American International Reinsurance Global (AIRG), a Bermuda-based AIG subsidiary, a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” (Excellent), and assigned a positive outlook. These credit moves reflect AIRG balance sheet strength, assessed as very strong by AM ... Read the full article

AM Best raises ratings for Junto Re and Junto Seg, sets stable outlook

24th November 2025

Credit rating agency AM Best has raised the Financial Strength Rating of Junto Resseguros S.A. (Junto Re) and Junto Seguros S.A. (Junto Seg) to A (Excellent) from A- (Excellent). The Long-Term Issuer Credit Ratings were also lifted to “a” (Excellent) from “a-” (Excellent). Both firms, headquartered in Brazil and collectively known ... Read the full article

AM Best turns positive on AIG and its P&C subsidiaries

21st November 2025

Credit rating agency AM Best has revised the outlooks of American International Group, Inc.’s (AIG) property/casualty (P&C) insurance subsidiaries (AIG PC) to positive from stable, while affirming the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent). Concurrently, AM Best has revised ... Read the full article

Fitch upgrades MAPFRE’s credit rating on strong business performance, assigns stable outlook

20th November 2025

Rating agency Fitch has upgraded the credit rating for Spanish insurance company MAPFRE, assigning an ‘A’ issuer rating, up from ‘A-’, with a stable outlook. Fitch attributed this credit rating decision to the company’s improved business performance and positive earnings forecasts. At the same time, the rating agency also raised MAPFRE Asistencia’s ... Read the full article

AM Best revises digital insurer ZhongAn’s outlooks to positive

19th November 2025

Credit rating agency AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of ZhongAn Online P & C Insurance Co., Ltd. (ZhongAn) (China). These credit moves reflect ZhongAn’s balance sheet strength, assessed ... Read the full article

AM Best rates new Labuan based Chinese reinsurer Zhibao Re

10th November 2025

AM Best, the credit rating agency, has assigned Zhibao Labuan Reinsurance Company Limited (Zhibao Re) of Malaysia a Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of “bbb-” (Good), with a stable outlook. According to AM Best, these ratings reflect the company’s strong balance sheet, adequate operating ... Read the full article