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AM Best affirms ‘Excellent’ ratings for BNY Mellon's captives
31 May 2024
US Reporter Diana Bui

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.

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AM Best assigns credit ratings to Quasar Insurance Company
23 May 2024
US Reporter Diana Bui

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.

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Fitch affirms ‘A’ long-term issuer rating for Protective Life
17 May 2024
US Reporter Diana Bui

The agency also maintains an 'AA-' insurer financial strength (IFS) rating, and a 'stable' rating outlook for Protective Life.

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Lumen Re maintains ‘Excellent’ credit rating
14 May 2024
Bermuda Reporter Diana Bui

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.

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S&P reaffirms ‘A+’ sovereign credit rating for Bermuda
13 May 2024
Bermuda Reporter Diana Bui

S&P indicates that Bermuda’s economy is on track to continue growing, reflecting the strength in the international business sector, particularly (re)insurance.

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AM Best upgrades long-term credit rating of Signet Jewelers captive
08 May 2024
US Reporter Diana Bui

As a captive insurer of Signet Jewelers, ZIC is a provider of third-party credit insurance and warranty coverage to the customers of its affiliated retailers.

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Pfizer captive receives ‘Excellent’ AM Best rating
03 May 2024
US Reporter Diana Bui

As the only captive insurer for Pfizer, Blue Whale provides coverage with ample limits and substantial retentions, augmenting significant reinsurance capacity and supporting its obligations.

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