Ability Re News

Ratings Roundup: NEWGT Re, Ability Re, RoyalStar (RSA)

A.M. Best Asia-Pacific Limited has assigned a financial strength rating of ‘A’- (Excellent) and issuer credit rating of “a-” to Bermuda-based NEWGT Reinsurance Company, Ltd. Best said the ratings reflect NEWGT’s “stable operating profitability, aided by its retrocession coverage in …

Ratings Recap: Mansard, Custodian & Allied, Ability Re, TATIL

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B’ (Fair) and issuer credit rating of “bb+” of Nigeria’s Mansard Insurance Plc, both with stable outlooks. The ratings of Mansard reflect its “strong risk-adjusted capitalization, …

Ratings Recap: Insurance Barbados, Talanx (Notes), Ability Re, Newport Bonding

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Insurance Corporation of Barbados Limited (ICBL), both with stable outlooks. The ratings reflect ICBL’s “solid capitalization, leading market presence in its …