AM Best has affirmed the financial strength rating of "A+" (Superior) and the long-term issuer credit rating of “aa-” (Superior) of Berkley Life and Health Insurance, a medical group captive.
AM Best has affirmed the financial strength rating of ‘A-’ (Excellent) and the long-term issuer credit ratings of ‘a-’ (Excellent) of Prism Assurance, single-parent captives of Apogee.
AM Best has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit ratings of ‘a+’ (Excellent) of BNY Trade and Hamilton Insurance, single-parent captives of BNY Mellon.
Based in South Carolina, Quasar is a single-parent captive established to provide liability insurance to its sister affiliate, DSLD Homes, as well as its other affiliated companies.
The agency also maintains an 'AA-' insurer financial strength (IFS) rating, and a 'stable' rating outlook for Protective Life.
A.M. Best has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a’ (Excellent) of Lumen Re, based in Bermuda.
S&P indicates that Bermuda’s economy is on track to continue growing, reflecting the strength in the international business sector, particularly (re)insurance.