A.M. Best Assigns Ratings to Catlin Indemnity Company
At the same time, A.M. Best has affirmed the FSR of A (Excellent) and ICRs of “a” of
These ratings are based upon A.M. Best’s group rating methodology and take into consideration CID, CICI and CSIC’s roles and strategic importance to the Catlin group. Furthermore, the ratings consider the implicit and explicit support provided by the Catlin group in the form of quota share reinsurance by
Beginning in 2010, CSIC and CICI entered into the Catlin U.S. Intercompany Pooling Agreement (
The principal methodology used in determining these ratings is Best’s Credit Rating Methodology -- Global Life and Non-Life Insurance Edition, which provides a comprehensive explanation of A.M. Best’s rating process and highlights the different rating criteria employed. Additional key criteria utilized include: “Risk Management and the Rating Process for Insurance Companies”; “Understanding BCAR for Property/Casualty Insurers”; “Understanding Universal BCAR”; “Catastrophe Risk Management Within the Rating Analysis”; and “Rating Members of Insurance Groups.” Methodologies can be found at www.ambest.com/ratings/methodology.
Founded in 1899,
Copyright © 2011 by A.M. Best Company, Inc.ALL RIGHTS RESERVED.
908-439-2200, ext. 5815
[email protected]
or
908-439-2200, ext. 5630
[email protected]
or
908-439-2200, ext. 5445
[email protected]
or
908-439-2200, ext. 5644
[email protected]
Source:
A.M. Best Affirms Ratings of the Catlin Insurance Companies
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News