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.
AM Best affirms Vantage’s credit ratings post recent leadership changes
20th July 2026
AM Best has affirmed that the credit ratings for Vantage Risk Ltd. (Bermuda) and its affiliates remain unchanged following the appointments of former Arch Capital Group leaders, Marc Grandisson and David Gansberg, as Executive Chairman and Chief Executive Officer (CEO), respectively, of Vantage Group Holdings. The affirmation applies to Vantage ... Read the full article
AM Best upgrades Worldwide Re’s credit ratings
16th July 2026
Credit rating agency AM Best has upgraded Worldwide Re’s Financial Strength Rating (FSR) to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” (Good) from “bbb-” (Good). Concurrently, AM Best has revised the Trinidad and Tobago reinsurer’s FSR outlook to stable from positive, while the ... Read the full article
AM Best affirms stable outlook for the global cyber insurance segment
15th July 2026
AM Best, the global credit rating agency and information provider specialising in the insurance industry, has confirmed a stable outlook on the global cyber insurance segment in it's latest Market Segment Report, Market Segment Outlook: Global Cyber Insurance. The rating agency's assessment reflects continued demand for cyber cover despite a softer ... Read the full article
AM Best maintains stable outlook on Guatemala’s insurance industry
13th July 2026
Global credit rating agency AM Best is maintaining its stable outlook on Guatemala’s insurance industry, citing market expansion supported by economic growth and controlled inflation. The industry has shown consistent premium growth over the past five years, with technical outcomes benefiting from careful expense controls and refined pricing strategies. According to the ... Read the full article
IKEA gets its reinsurer Ikano Re rated by AM Best
7th July 2026
Credit ratings agency AM Best has assigned Switzerland-based Ikano Re AG a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” (Excellent), with a stable outlook. The founding family of the global retail store brand, IKEA, is the majority owner of Ikano Re. The reinsurer provides reinsurance ... Read the full article
Moody’s turns positive on Klapton Re
3rd July 2026
Zambia-based international reinsurer Klapton Reinsurance has been assigned an upgraded positive outlook by credit ratings agency Moody's Ratings, while the firm has also affirmed Klapton Re’s insurance financial strength ratings (IFSR) of Caa1. Moody’s explained that these changes reflect Klapton Re's increasing premium volumes and growing market presence as a smaller ... Read the full article
Moody’s upgrades Munich Re’s IFSR to Aa2
30th June 2026
Credit ratings agency Moody's Ratings has upgraded the insurance financial strength rating (IFSR) to Aa2 from Aa3 and the subordinated debt ratings to A1(hyb) from A2(hyb) for Munich Re, one of the world's largest reinsurance companies. Simultaneously, the IFSR of Munich Reinsurance America, Inc. (Munich Re America) has been upgraded to ... Read the full article
AM Best assigns PCA to new Bermuda insurer Fortium
25th June 2026
Fortium Insurance Company Ltd., a new Bermuda specialty startup, has been assigned a Preliminary Credit Assessment (PCA) by AM Best with a Financial Strength Assessment of A- pca (Excellent) and a Long-Term Issuer Credit Assessment of “a-” pca (Excellent). The PCA, which has also been assigned a stable outlook, reflects Fortium’s ... Read the full article
Fitch assigns Bermuda-based Verdant Rock BBB+ IFS rating with stable outlook
16th June 2026
Verdant Rock Limited, a Bermuda-based insurance company regulated by the Bermuda Monetary Authority, has received a BBB+ Long-Term Insurer Financial Strength Rating with a Stable Outlook from Fitch Ratings. According to the credit rating agency, the ratings reflect Verdant Rock's strong initial capitalisation and prudent financial profile, balanced against execution risks ... Read the full article
AM Best raises FuSure Re ratings on capital strength and Tencent support
3rd June 2026
AM Best, the credit rating agency, has upgraded the Financial Strength Rating of FuSure Reinsurance Company Limited, a Hong Kong-based reinsurer owned by Tencent Holdings Limited, to A (Excellent) from A- (Excellent). It has also raised the Long-Term Issuer Credit Ratings to “a” (Excellent) from “a-” (Excellent), with the outlook remaining ... Read the full article
Moody’s upgrades Generali’s IFSR rating to A1 with stable outlook
2nd June 2026
Moody’s Ratings has upgraded the insurance financial strength rating (IFSR) of Italian insurer Generali Group and its core European subsidiaries from A2 to A1. The outlook for the ratings remains stable. The rating upgrade, four notches above the Italian sovereign rating (Baa2 stable), reflects a very strong business and financial profile, ... Read the full article
Frontline gets new Florida reciprocal insurer FIRE rated by KBRA
26th May 2026
Credit rating agency KBRA has assigned a BBB+ Insurance Financial Strength Rating (IFSR) to Frontline Insurance Reciprocal Exchange (FIRE), a newly formed Florida-domiciled reciprocal insurer. The Outlook for the rating is Stable. FIRE was established to write admitted Florida residential property business, focusing primarily on homeowners and fire/dwelling coverage. According to ... Read the full article
Hamilton Select Insurance gets ratings upgrade from AM Best
14th May 2026
Credit ratings agency AM Best has upgraded the Financial Strength Rating of Hamilton Select Insurance, Inc., the US excess and surplus (E&S) lines underwriting platform of Bermuda-based insurer and reinsurer, Hamilton Insurance Group Ltd., to “A” (Excellent), with a stable outlook. AM Best explained that this ratings upgrade is primarily driven ... Read the full article
Insurers seen as broadly resilient under severe climate disaster stress tests: S&P
6th May 2026
S&P Global Ratings, a global credit rating agency that assesses the creditworthiness of organisations and financial instruments, has said the insurance sector continues to face rising losses from extreme weather, while still showing strong overall financial resilience under severe stress scenarios. In a report published on 4 May 2026 entitled Charts ... Read the full article
AM Best revises outlooks to positive for Canopius US and Canopius Re
2nd April 2026
AM Best has revised the outlooks to positive from stable for Canopius US Insurance, Inc. and Bermuda-based Canopius Reinsurance Limited. At the same time, the rating agency also affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of both entities. Both Canopius US and ... Read the full article
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