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.
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
S&P revises outlook to positive for MS Amlin and MS Amlin Insurance on improved performance
2nd May 2025
S&P Global Ratings, a provider of credit ratings and financial market insights, upgraded its outlook for MS Amlin AG (operating as MS Reinsurance) and MS Amlin Insurance SE (MS AISE) from "stable" to "positive." This revision reflects the entities' improved operational performance and the strategic developments within the MS&AD Insurance Group. S&P ... Read the full article
Helvetia-Baloise merger likely to strengthen the enlarged group’s competitive position: S&P
24th April 2025
S&P Global Ratings has affirmed its 'A+' long-term insurer financial strength and issuer credit ratings on the core operating entities of the Switzerland-based insurance groups Helvetia and Baloise. The credit rating agency also affirmed the 'A-' long-term issuer credit rating on Baloise Holding AG, as well as Helvetia Global Solutions Ltd’s ... Read the full article
Moody’s upgrades Saudi Re’s IFSR to A2 with stable outlook
24th April 2025
The insurance financial strength rating (IFSR) of Saudi Reinsurance Company's (Saudi Re) has been upgraded by Moody's Ratings to A2 from A3, while the firm's A1.sa national scale IFSR has also been affirmed. At the same time, the reinsurer's outlook has been changed to stable from positive. The Saudi Arabia domiciled ... Read the full article
AM Best upgrades FAIR Oil & Energy Insurance Syndicate credit ratings
17th April 2025
Credit rating agency AM Best has upgraded the credit ratings of FAIR Oil & Energy Insurance Syndicate (FOEIS), and revised the outlook to stable from positive. FOEIS’ Financial Strength Rating has been upgraded to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” (Good) from “bbb-” (Good). AM ... Read the full article
S&P upgrades Global Atlantic’s ratings on strong capital
8th April 2025
S&P Global Ratings has raised the financial strength and issuer credit ratings of Global Atlantic Financial Group's (GAFG) operating insurance entities to 'A' from 'A-', assigning a stable outlook. Concurrently, the credit rating agency also upgraded the holding company's rating to 'BBB' from 'BBB-'. The rating upgrades reflect GAFG's strengthened capital adequacy ... Read the full article
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