AM Best Affirms Credit Ratings of MS Amlin AG and Lloyd’s Syndicate 2001
MS Amlin AG’s ratings reflect the company’s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). In addition, the ratings benefit from enhancement due to the support of MS Amlin AG’s ultimate parent, MS&AD Insurance Group Holdings, Inc. (MS&AD).
Syndicate 2001’s ratings reflect the balance sheet strength of the Lloyd’s market, which AM Best categorises as very strong, as well as the market’s strong operating performance, favourable business profile and appropriate ERM. The Lloyd’s market rating is the floor for all syndicate ratings, reflecting the Lloyd’s chain of security, and, in particular, the role of the
MS Amlin AG’s balance sheet strength is underpinned by its risk-adjusted capitalisation being at the strongest level, based on Best’s Capital Adequacy Ratio as at year-end 2019. The capital position is subject to potential volatility, due to the company’s exposure to high-severity losses. Nevertheless, AM Best expects that the company will maintain the strongest level of risk-adjusted capitalisation, supported by MS&AD if required. MS Amlin AG’s ratings consider the company’s strategic importance to MS&AD as the group’s principal international reinsurer.
In 2019, loss experience improved for
This press release relates to Credit Ratings that have been published on AM 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 AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and AM Best Rating Action Press Releases.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in
Copyright © 2020 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200612005465/en/
Financial Analyst
+44 20 7397 0321
[email protected]
Manager, Public Relations
+1 908 439 2200, ext. 5159
[email protected]
Director, Analytics
+44 20 7397 0320
[email protected]
Director, Public Relations
+1 908 439 2200, ext. 5644
[email protected]
Source: AM Best
AM Best Affirms Credit Ratings of MS&AD Insurance Group Holdings, Inc.’s Main Operating and U.S. Subsidiaries
5 Tips for Staying Powered Up Through Oregon’s Wildfire Season
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News