A.M. Best Co. has affirmed the financial strength rating (FSR) of “A” (Excellent) and assigned issuer credit ratings (ICR) of “a” to Bermuda-based BF&M Limited and its operating affiliates. The outlook for all ratings is stable. “The ratings recognize BF&M’s consistent operating performance, long-standing participation in life and non-life insurance in Bermuda, strong capitalization, experienced and focused management, as well as its recent efforts to diversify its book of business outside of Bermuda,” said Best.
Was this article valuable?
Here are more articles you may enjoy.
Zillow Deleting Climate Risk Scores Reveals Limits of Flood, Fire Data 
Hermès Heir Sues Arnault and LVMH in $16 Billion Suit Over Lost Shares 
Truckers Who Fail English Tests Get Pulled Off Roads in Trump Crackdown 
Atmospheric River to Flood Pacific Northwest Through Week 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.