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.
Fitch upgrades Beazley’s rating, cites strategic importance to Zurich
7th October 2026
After Zurich Insurance Group completed its 100% acquisition of specialist insurer Beazley, Fitch Ratings has upgraded the Insurer Financial Strength (IFS) Rating of Beazley Insurance DAC to 'AA' from 'A+', and also upgraded the Long-Term Issuer Default Ratings (IDRs) of the Dublin subsidiary and Beazley plc to 'AA-' from 'A'. On ... Read the full article
AM Best downgrades SanlamAllianz Re ratings amid review of governance and capital position
5th October 2026
AM Best, the global credit rating agency focused on the insurance sector, has lowered the Financial Strength Rating of SanlamAllianz Re Ltd (SAZ Re), the Mauritius-based reinsurance company, to B++ (Good) from A- (Excellent). The agency has also reduced SAZ Re’s Long-Term Issuer Credit Rating to “bbb+” (Good) from “a-” (Excellent). ... Read the full article
AM Best revises WAICA Re’s ratings outlook to stable
28th September 2026
AM Best, the credit rating agency, has changed the outlook on the ratings of WAICA's Reinsurance Corporation PLC (WAICA Re), a Sierra Leone-based reinsurer serving markets across sub-Saharan Africa, from positive to stable, while maintaining its Financial Strength Rating at B (Fair) and its Long-Term Issuer Credit Rating at “bb+” ... Read the full article
Fitch maintains ‘deteriorating’ outlook for global reinsurance sector for 2027
4th September 2026
Fitch Ratings, the global credit rating agency, has maintained its 'deteriorating' outlook on the global reinsurance sector for 2027. According to Fitch, this reflects operating conditions that are weakening gradually from levels the agency continues to regard as sound. Fitch attributes the outlook to its expectation of further price declines in 2027, ... Read the full article
AM Best raises outlook for Skyward Specialty insurers to positive
1st September 2026
Credit rating agency AM Best has upgraded its outlook on the credit ratings of several companies within Skyward Specialty Insurance Group to positive from stable, citing the group's continued underwriting profitability and investment income. Skyward Specialty Insurance Group (Skyward) is a Houston-based specialty insurance group whose ultimate parent is Skyward Specialty ... Read the full article
AM Best revises AmericanAg’s rating outlook to positive
24th August 2026
AM Best has moved the outlook on American Agricultural Insurance Company’s (AmericanAg) Long-Term Issuer Credit Rating (Long-Term ICR) to positive from stable, while maintaining the company’s Financial Strength Rating (FSR) at A (Excellent) and its Long-Term ICR at “a” (Excellent), with the outlook for the FSR remaining stable. AmericanAg, based in ... Read the full article
InEvo Re gets A- rating and stable outlook from AM Best
24th August 2026
Credit ratings agency AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to InEvo Re, a Bermuda-based specialist life reinsurer backed by Macquarie Asset Management, with a stable outlook. AM Best explained that these ratings reflect the reinsurer's “very strong” ... Read the full article
AM Best credits A- ratings to Ledgebrook Insurance Group insurers
19th August 2026
AM Best has assigned an A- (Excellent) Financial Strength Rating and an “a-” (Excellent) Long-Term Issuer Credit Rating to Ledgebrook Specialty Insurance Company and Stonehaven Specialty Insurance Company. Both Delaware-domiciled insurers form Ledgebrook Insurance Group (LIG), which is part of Ledgebrook Inc., a technology-enabled insurance business based in Boston, Massachusetts. The ... Read the full article
AM Best upgrades Fortegra’s ratings after acquisition by South Korea’s DBI
7th August 2026
Credit rating agency AM Best has upgraded the credit ratings of the Fortegra Group, Inc., a wholly owned subsidiary of DB Insurance Co., Ltd. (DBI), who acquired the specialty insurer back in June. AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating (FSR) ... Read the full article
Fitch upgrades IFS rating of Uzbekistan-based insurer KAFOLAT
24th July 2026
Fitch Ratings has upgraded the Insurer Financial Strength (IFS) Rating of KAFOLAT Insurance Company, one of the leading non-life insurers in Uzbekistan, to 'BB-' from 'B+', with a Stable Outlook. The rating upgrade reflects KAFOLAT's strengthened financial profile and better capital position, as well as improved geographical diversification, with the latter ... Read the full article
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
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