A.M. Best has affirmed the financial strength rating of ‘A-’ (Excellent) and the long-term issuer credit rating of ‘a-’ (Excellent) for Jamestown Insurance Company, a single-parent captive of Hess Oil and Gas Holdings
A.M. Best-rated captives in Bermuda, Cayman Islands and Barbados (BCIB) continue to outperform the US commercial casualty composite in terms of underwriting and operating profitability for the fifth year in a row
A.M. Best has affirmed the financial strength rating of “A-” (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Sigurd Rück (Switzerland), revising the outlook of the captive reinsurer from stable to negative
A.M. Best has affirmed the financial strength rating of “A” (Excellent) and the long-term issuer credit rating of “a+” (Excellent) of Castle Harbour Insurance and Harrington Sound Insurance, the captives of Schlumberger
A.M. Best has affirmed the financial strength rating of “A” (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Stellar Insurance (Bermuda), a single-parent captive of Saudi Arabian Oil Company
A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Rembrandt Insurance Company, the Bermuda-based captive reinsurer of Vitol Holding
Insurance fronting business Concert Group Holdings has completed its targeted capital raise of US$100 million and received a rating of “A-” (Excellent) from A.M. Best