Business & Finance
Business and Finance
Business and Finance
Wed, November 27, 2024
[ 07:00 PM ] - Bill Williamson
[ 06:20 PM ] - Bill Williamson
[ 06:00 PM ] - Bill Williamson
[ 06:00 PM ] - Bill Williamson
[ 06:00 PM ] - Bill Williamson
[ 05:41 PM ] - Bill Williamson
[ 05:41 PM ] - Bill Williamson
[ 05:41 PM ] - Bill Williamson
[ 05:41 PM ] - Bill Williamson
[ 05:41 PM ] - Bill Williamson
[ 05:41 PM ] - Bill Williamson
[ 05:40 PM ] - Bill Williamson
[ 05:40 PM ] - Bill Williamson
AM Best affirms ratings of Hiscox Ltd and subsidiaries
- AM Best has affirmed the credit ratings of Bermudian-based Hiscox Ltd and its subsidiaries. The agency affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) for Hiscox Ltd and its subsidiaries, including Hiscox Insurance Company (Bermuda) Limited, Hiscox Insurance Company (Guernsey) Limited, Hiscox Insurance Company Inc., and Hiscox Société Anonyme d’Assurances et de Réassurances. The outlook for these ratings remains stable. This affirmation reflects Hiscox's strong balance sheet, adequate operating performance, favorable business profile, and appropriate enterprise risk management. The ratings also consider the group's diversified business model, which spans across various regions and product lines, providing a balanced risk profile. However, the ratings are tempered by the company's exposure to natural catastrophe events and the competitive pressures within the insurance market.
Read the Full The Royal Gazette Article at [ https://www.royalgazette.com/reinsurance/business/article/20241127/am-best-affirms-ratings-of-hiscox-ltd-and-subsidiaries-2/ ]
Read the Full The Royal Gazette Article at [ https://www.royalgazette.com/reinsurance/business/article/20241127/am-best-affirms-ratings-of-hiscox-ltd-and-subsidiaries-2/ ]
