A.M. Best Upgrades Issuer Credit Rating of Hiscox Group Subsidiaries [Professional Services Close – Up]
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A.M. Best
Concurrently,
The upgrades to the ICRs of Hiscox Bermuda and
Hiscox Bermuda writes third party property reinsurance business and operates as an internal reinsurer within the
The group's flagship syndicate, Lloyd's Syndicate 33 has an excellent profile in the
A factor that may lead to positive or negative rating actions for the syndicate is a change in the rating of the Lloyd's market, which currently has an FSR of A (Excellent) and an ICR of "a+" and has a stable outlook. Positive rating actions for the other
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