A M Best reaffirms A- Rating
- Date: 04/05/2018
Credit rating firm A.M. Best announced on 4 May that it had affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “A-” of the Club. The outlook of these Credit Ratings remain stable.
In its announcement, A.M. Best stated: "The ratings reflect UK War Risks’ balance sheet strength, which A.M. Best categorises as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management... The Club has an established business profile as a specialist underwriter of war risk insurance for ships."