AM Best has affirmed the Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of “bbb-” (Good). The outlook for these credit ratings is stable. This positive assessment reflects AM Best’s recognition of Continental Re’s very strong balance sheet, adequate operating performance, neutral business profile, and marginal enterprise risk management.
For further details, you can review the full statement on AM Best’s official press release at the following link: AM Best Release
Group Managing Director, Lawrence Nazare, said “This affirmation is a testament to our commitment to maintaining excellence in all aspects of our operations. We remain dedicated to delivering exceptional value and service to our clients and stakeholders.”