Reinsurance News

Tunis Re

AM Best downgrades Tunis Re’s long-term credit rating, citing economic and political risks

11th May 2023

AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) of Société Tunisienne de Réassurance (Tunis Re) to "bb" (Fair) from "bb+" (Fair). The rating agency also affirmed the Financial Strength Rating (FSR) of B (Fair) for the company. Additionally, the outlook for the FSR has been revised to negative ... Read the full article

RMS signs consultancy agreement with Tunis Re

30th December 2021

Catastrophe risk modelling and solutions company RMS has signed a consulting agreement with Tunis Re to create an exposure and accumulation study, with a focus on Flood, Terrorism and other natural catastrophes. It's hoped the work will enable Tunis Re to increase monitoring of its exposures and further expand its risk ... Read the full article