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.
S&P upgrades Arch Capital’s re/insurance subsidiaries ratings to ‘AA-‘ with stable outlook
1st July 2025
Earnings diversity and robust capital has led S&P to upgrade its long-term issuer and financial strength ratings on Arch’s core re/insurance subsidiaries to ‘AA-’ from ‘A+’ and issuer credit rating on the holding company, Arch Capital Group Ltd., to ‘A’ from ‘A-’. The credit rating agency also assigned a stable outlook ... Read the full article
Chinese non-life insurance sector shows resilience amidst market challenges: Fitch Ratings
30th June 2025
Fitch Ratings, a credit rating agency, reports that China’s non-life insurance sector continues to exhibit strong financial stability, which has supported consistent growth in premiums and improved underwriting outcomes during the first quarter of 2025. According to Fitch Ratings, despite ongoing challenges related to tariff-driven trade tensions, the sector has benefited ... Read the full article
S&P upgrades Convex Group entities credit ratings, assigns stable outlook
26th June 2025
S&P Global Ratings has raised the financial strength ratings on re/insurer Convex group's operating companies to 'A' from 'A-', and assigned a stable outlook. The companies include: Convex Re Ltd., Convex Insurance UK Ltd., Convex Guernsey Ltd., and Convex Europe S.A. Convex has shown significant growth since launching in late 2019, ... Read the full article
France’s insurance sector expected to maintain profitability and growth in 2025: S&P
26th June 2025
According to a report released by S&P Global Ratings, a provider of credit ratings, the French insurance industry is well positioned to sustain both profitability and moderate growth over the coming years. Despite economic headwinds and rising claims costs, the sector continues to demonstrate adaptability, supported by prudent financial management and ... Read the full article
Moody’s upgrades ratings of AIG P&C subsidiaries with stable outlook
18th June 2025
Credit ratings agency, Moody's Ratings, has upgraded the insurance financial strength ratings of global insurer AIG's major property & casualty (P&C) subsidiaries in the US, UK and Europe to A1 from A2, with the outlook revised to stable from positive. According to Moody’s, the upgrade of AIG and its flagship US ... Read the full article
Barents Re and subsidiaries get A- ratings with stable outlook from S&P
18th June 2025
Credit rating company S&P Global Ratings has assigned independent reinsurance group, Barents Re Reinsurance Company Inc. (Cayman Islands), and two of its subsidiaries (collectively Barents Re) an 'A-' long-term issuer credit and financial strength ratings with a stable outlook. The two subsidiaries with the 'A-' long-term financial strength ratings are Barents ... Read the full article
S&P highlights strong capitalisation and competitive strength of top EMEA insurers
5th June 2025
According to S&P Global Ratings, insurers based in Europe, the Middle East, and Africa (EMEA) maintain strong capital foundations and capital buffers that enable them to endure external shocks effectively. S&P’s criteria show that the aggregate capital adequacy of these insurers consistently surpasses a 99.99% confidence level, reflecting a highly secure ... Read the full article
AM Best assigns Performance Assessment to RSUM
5th June 2025
Credit rating agency AM Best has assigned a Performance Assessment of PA-1 (Exceptional) to a group of nine affiliates of Ryan Specialty Underwriting Managers (RSUM), and given them a stable outlook. At the same time, AM Best upgraded the assessments to PA-1 (Exceptional) from PA-2 (Excellent) of Ryan Specialty Underwriting Managers ... Read the full article
AM Best assigns credit ratings to Accelerant Re I.I., affirms Accelerant Holdings’ subsidiaries ratings
4th June 2025
Credit rating agency AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) to Accelerant Re I.I. (ARPR) (Puerto Rico), with a stable outlook. Concurrently, AM Best affirmed the FSR of A- (Excellent) and the Long-Term ICRs of ... Read the full article
Small size, mixed capital strength shape EMEA reinsurer ratings: Fitch Ratings
3rd June 2025
Fitch Ratings, a credit rating agency known for its analysis of financial institutions and insurance entities, has identified size-related constraints and varying capital strength as key factors influencing the ratings of small reinsurers operating in the EMEA region. In its latest peer review published on 29 May 2025, Fitch assesses four ... Read the full article
AM Best upgrades credit ratings of Fairfax and Allied World Assurance
23rd May 2025
Credit rating agency AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” (Excellent) from “bbb+” (Good) and the Long-Term Issue Credit Ratings (Long-Term IR) on the unsecured debt and preferred equity of Canadian financial holding company, Fairfax Financial Holdings Limited. Additionally, the company’s subsidiaries, Fairfax (US) Inc. ... Read the full article
S&P upgrades QBE’s ratings on improved underwriting and pricing discipline
23rd May 2025
S&P Global Ratings has raised its long-term issuer credit rating on QBE Insurance to 'A' from 'A-', and has also raised the issuer credit and financial strength ratings on its core operating entities to 'AA-' from 'A+'. According to S&P, the upgrade reflects its view that QBE’s earnings resilience has strengthened, ... Read the full article
Reinsurance capacity growth supports Philippine’s non-life insurance stable outlook: AM Best
21st May 2025
Credit rating Agency AM Best has maintained a stable outlook on the Philippine non-life insurance market, citing growth factors and steady increase in the availability of reinsurance capacity in the country, which is expected to mitigate catastrophe risks for insurers while preserving market share. The agency anticipates that price corrections in ... Read the full article
S&P cites Bermuda’s key insurance industry as islands sovereign ratings affirmed
14th May 2025
S&P Global Ratings has affirmed Bermuda’s long-term sovereign credit rating at 'A+' and its short-term rating at 'A-1', with a stable outlook. This reflects expectations of a steady macroeconomic environment underpinned by strong institutional frameworks, prudent fiscal policy, and a high-income economy. The stable outlook indicates S&P's view that Bermuda will maintain ... Read the full article
S&P downgrades State Farm General Insurance credit ratings on weak underwriting & wildfire impact
14th May 2025
S&P Global Ratings has lowered State Farm General Insurance’s (SFGI) financial strength and issuer credit ratings to 'A+' from 'AA', citing a significant deterioration in the company’s capital regulatory solvency ratios. The ratings remain on CreditWatch with negative implications. CreditWatch is S&P’s system used to indicate that a company's credit rating ... Read the full article
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