A.M. Best announced that it had upgraded the financial strength rating of Bermuda-based Renaissance Reinsurance Ltd. and its subsidiary Renaissance Reinsurance of Europe from A(Excellent) to A+ (Superior).
“The financial strength rating upgrade reflects Renaissance Re’s consistently strong earnings trends, superior risk management capabilities, conservative balance sheet strategies, and recognized leadership position in the worldwide property catastrophe reinsurance market,” Best’s report stated.
Topics AM Best
Was this article valuable?
Here are more articles you may enjoy.
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing 
Need Wind Mitigation? New Florida Insurer Wants to Help With That 
5 Years After Surfside Collapse: Safer Condos, More Transparency for Underwriters 
NAIC Victim of Cyber Incident Via PeopleSoft System 
