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A.M. Best affirms ratings of Vitol Holding’s captive reinsurer
19 October 2020
London Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating and the long-term issuer credit rating of Rembrandt Insurance Company, a Bermuda-based captive reinsurer of Vitol Holding B.V.

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A.M. Best upgrades Vermont-based RRG rating
06 October 2020
Vermont Reporter Maria Ward-Brennan

A.M. Best has revised the outlooks to positive from stable and affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-” of Community Hospital Alternative For Risk Transfer, a reciprocal risk retention group

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A.M. Best removes Ocean Re from under review
06 October 2020
Barbados Reporter Maria Ward-Brennan

A.M. Best has removed Ocean International Reinsurance Company Limited, based in Barbados, from under review with developing implications and affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-”

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Petroleos Mexicanos captive assigned ‘good’ ratings
05 October 2020
Switzerland Reporter Maria Ward-Brennan

A.M. Best has assigned a financial strength rating of B++ and a long-term issuer credit rating of “bbb+” to Kot Insurance Company AG, based in Switzerland

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Fitch Ratings affirms Credit Agricole captives
01 October 2020
Frankfurt Reporter Becky Bellamy

The ratings reflect Fitch’s view that CAA and CAR are core captive companies of Credit Agricole, and that its regional banks will provide support to the core captive insurance subsidiaries if needed

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A.M. Best affirms SCOR’s ratings
28 September 2020
Amsterdam Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of ‘A+’ and its long-term issuer credit rating of “aa-” of SCOR SE, a global reinsurance company, and its main operating subsidiaries

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Cosco Shipping captive has ‘excellent’ ratings affirmed
18 September 2020
Hong Kong Reporter Becky Bellamy

A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” of Cosco Shipping Captive Insurance Company, located in China

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