A.M. Best Assigns Ratings to AmTrust Captive Solutions Limited
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best has assigned a financial strength rating of A (Excellent) and an issuer credit rating of “a” to AmTrust Captive Solutions Limited (ACS) (Luxembourg). The outlook assigned to both ratings is stable.
The ratings reflect the explicit support provided by AmTrust Financial Services, Inc’s (AFSI) [NASDAQ:AFSI] Bermuda subsidiary, AmTrust International Insurance, Ltd. (AIIL), in the form of an intercompany quota share agreement that will be executed following regulatory approval. The ratings of AFSI have been extended to ACS as a result of the aforementioned quota share agreement. All remaining ratings of AFSI and its subsidiaries are unchanged. (Please see A.M. Best’s press release dated May 29, 2015 for further information.)
This press release relates to rating(s) 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 visit A.M. Best’s Ratings & Criteria Center.
A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2015 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150813005939/en/
A.M. Best Company, Inc.
Brian O’Larte, 908-439-2200, ext.
5138
Senior Financial Analyst
brian.o'[email protected]
or
Michael
Lagomarsino, CFA, FRM, 908-439-2200, ext. 5810
Vice President
[email protected]
or
Christopher
Sharkey, 908-439-2200, ext. 5159
Manager, Public Relations
[email protected]
or
Jim
Peavy, 908-439-2200, ext. 5644
Assistant Vice President,
Public Relations
[email protected]
Source: A.M. Best Company, Inc.
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