Bermuda reinsurer Validus has had its financial strength rating upgraded from A- to A by rating agency AM Best.
The reinsurer’s issuer credit rating was also upgraded by AM Best from a- to a.
AM Best said that these ratings reflected the reinsurer's ‘solid risk-adjusted capitalization, favourable operating performance since inception, experienced management team, excellent enterprise risk management program and prudent operating strategies.’
To continue reading, you need a subscription to Intelligent Insurer. Start a subscription today for £655.
In-house feature articles, the archive and expert comment require a paid subscription. Subscribe now.
Want to give it a try? We are offering a two week free trial to the Intelligent Insurer website – register and select “Two Week Free Trial” to begin access to the full Intelligent Insurer archive and read the latest news, features and expert comment. Begin your free trial here.
Is your 2 week free trial about to end? Upgrade to a 12 month subscription for £655 now.
If you have already subscribed please login.
If you have any technical issues please contact support.
Validus, AM Best, rating, upgrade, A