A.M. Best Affirms Credit Ratings of Bankers Assurance S.A.L.
The ratings reflect Bankers’ balance sheet strength, which
Bankers’ risk-adjusted capitalisation at year-end 2017, as measured by Best's Capital Adequacy Ratio (BCAR), was assessed as strongest.
Bankers is a member of
Bankers has a track record of strong operating performance and a good balance of earnings between underwriting and investment returns, with the company reporting a five-year average (2013-2017) return on equity of 16.1%. Strong technical performance is underpinned by the company’s non-life operation, which has returned a five-year average (2013-2017) combined ratio of 93.1%.
Bankers’ limited business profile is supported by its good local market position as the third largest insurer in
Bankers’ operations in
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and
Copyright © 2018 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
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