trending Market Intelligence /marketintelligence/en/news-insights/trending/wjp0pxnb29ml9zdvqwckuw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

A.M. Best Assigns Credit Ratings to Munich Re of Bermuda Ltd.

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report

Fintech

Fintech Funding Flows To Insurtech In February

Lemonade Growing Premiums Faster Than Esurance's Homeowners Business Did


A.M. Best Assigns Credit Ratings to Munich Re of Bermuda Ltd.

A.M. Best has assigned a Financial Strength Rating of A+ (Superior) and a Long-Term Issuer Credit Rating of "aa" to Munich Re of Bermuda Ltd. (Munich Re Bermuda) (Bermuda), a wholly owned indirect subsidiary of Munich Reinsurance Co. (Munich Re). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings of Munich Re and other main subsidiaries remain unchanged.

The ratings reflect Munich Re Bermuda's strategic importance and integration into its ultimate parent company, Munich Re, as a vehicle for placing the group's related life U.S. reinsurance business. Therefore, Munich Re Bermuda's ratings are aligned with that of Munich Re, and reflective of the group's balance sheet strength, which A.M. Best categorizes as strongest, as well as its strong operating performance, very favorable business profile and very strong enterprise risk management.

Munich Re Bermuda was formerly named Princeton Eagle West Insurance Co. Ltd. and was authorized to operate property/casualty business, all of which is in runoff. The company was renamed Munich Re of Bermuda in March 2018 and was repurposed as a Class C Insurer by the Bermuda Monetary Authority in order to serve as an authorized reinsurer of the Munich Re group. Munich Re will support the newly repurposed entity by providing an excess of retention and excess of loss reinsurance treaty. The parent provided explicit support via a capital contribution of $330 million.