Bermuda-headquartered SiriusPoint is a mid-sized global (re)insurer offering solutions to clients and brokers worldwide
AM Best has affirmed the financial strength rating of ‘A’ (Excellent) and the long-term issuer credit rating of ‘a+’ (Excellent) for Sooner Insurance Company, the Vermont-based captive insurer of ConocoPhillips
AM Best has revised its under review status for NASW Insurance Company (NASWIC), a captive insurer wholly owned by the National Association of Social Workers (NASW), shifting the outlook from developing to ‘negative’
Lion Re is a Bermuda-based captive reinsurer assuming risks from ASSA Tenedora affiliates for property, auto, liability, marine, group life, health and miscellaneous businesses
AM Best has revised its outlook to ‘positive’ from ‘stable’ for Fidvest US, a South Carolina-based pure captive owned by Fidelity Management & Research (FMR)
AM Best has assigned a financial strength rating of ‘B++’ (Good) and a long-term issuer credit rating of ‘bbb+’ to Cadence Indemnity, single-parent captive of the Sullivan Brothers Family of Companies
The ratings are said to reflect the fund’s balance sheet strength and sustained balance sheet improvement
