AM Best Revises Issuer Credit Rating Outlook to Stable for Lancashire Holdings Limited and Its Subsidiaries; Affirms Credit Ratings
Retrieved on:
Wednesday, December 13, 2023
Additionally, AM Best has revised the outlook to stable from negative and affirmed the Long-Term ICR of “bbb+” (Good) of the parent company, Lancashire Holdings Limited (Lancashire Holdings) (Hamilton, Bermuda) [LSE: LRE].
Key Points:
- Additionally, AM Best has revised the outlook to stable from negative and affirmed the Long-Term ICR of “bbb+” (Good) of the parent company, Lancashire Holdings Limited (Lancashire Holdings) (Hamilton, Bermuda) [LSE: LRE].
- The Credit Ratings (ratings) reflect Lancashire’s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management (ERM).
- For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
- AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.