Brit Reinsurance (Bermuda) News

Bermuda’s Brit Re Gets ‘A’ Rating from AM Best as Firm Prepares to Write Casualty Treaty

AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” to Brit Reinsurance (Bermuda) Ltd. The outlook assigned to these credit ratings is stable. The ratings reflect Brit Re’s balance sheet …

Brit Ltd. to Relocate Gibraltar-Based Reinsurer to Bermuda

Brit Ltd. announced it is relocating its Gibraltar-based reinsurer, Brit Insurance (Gibraltar) PCC Ltd., to Bermuda. The process is expected to be completed by the end of the year, following which Brit Insurance (Gibraltar) will be renamed Brit Reinsurance (Bermuda) …