The ratings reflect Travelers’s balance sheet strength, which AM Best categorises as strongest, as well as its very strong operating performance, favourable business profile and appropriate enterprise risk management. The ratings also reflect TIDAC’s importance to and integration within the Travelers group, in addition to the substantial reinsurance support the company receives from its immediate parent,
TIDAC enables the group to continue to service its policyholders across the European Economic Area (EEA), regardless of the terms of the United Kingdom’s withdrawal from the
AM Best expects TIDAC to underwrite a relatively small portfolio, mainly focused in property and general liability risks.
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Source: AM Best