The “A-” FSR on Max Re Ltd., Hamilton, Bermuda, was affirmed by A.M. Best. The nascent company’s progress in executing its business plan, favorable risk-adjusted capitalization, integrated risk management practices and management team’s experience were cited as major positive rating factors, tempered by the lack of a track record.
Was this article valuable?
Here are more articles you may enjoy.
Archdiocese of NY Finalizes $800M Fund for Sex Abuse Survivors; Avoids Bankruptcy 
Municipal Insurer Must Pay Share of $14.9 Million Wrongful Incarceration Settlement 
AIG’s General Insurance Q3 Underwriting Income Down 29% 
Florida Appeals Court Bars Release of ‘Trade Secret’ Info in Heritage Claims Litigation From This Issue
