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.

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

AM Best affirms Sompo’s ratings following Aspen acquisition

27th March 2026

Credit rating agency AM Best has removed the under review with positive implications status and affirmed the Financial Strength Rating of A+ (Superior) alongside the Long-Term Issuer Credit Ratings of “aa-” (Superior) for Sompo Japan Insurance Inc. and its subsidiaries. The Financial Strength Rating carries a stable outlook, while the Long-Term ... Read the full article

AM Best confirms A- financial strength rating for GUNA Re

24th March 2026

Credit rating agency AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to GUNA Re (Cayman Islands), with the outlook for these ratings as stable. The ratings are underpinned by AM Best’s evaluation of GUNA Re’s robust balance sheet, adequate ... Read the full article

AM Best upgrades outlooks to positive for Starr subsidiaries

27th February 2026

AM Best has upgraded the outlooks to positive from stable and reaffirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) for the insurance subsidiaries of Starr International Company, Inc., the Switzerland-based private investment holding company. The rating actions apply to the member companies ... Read the full article

AM Best revises Atlantic Re’s Long-Term ICR to positive

16th February 2026

Credit rating agency AM Best has revised Atlantic Re’s Long-Term Issuer Credit Rating (Long-Term ICR) outlook to positive from stable. Concurrently, AM Best affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” for the Moroccan-based reinsurer. The outlook of the FSR is stable. The revision reflects ... Read the full article

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