Spheric

AM Best Revises Outlooks to Negative, Affirms Credit Ratings of Spheric Assurance Company, Ltd.

Retrieved on: 
Thursday, September 14, 2023
Finance, Consumer, Professional Services, Hispanic, Insurance, Pressure, Good, AM Best, Virgin Islands, ALL, ERM, Credit, AM, Spheric, News, Risk management

These Credit Ratings (ratings) reflect Spheric’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM).

Key Points: 
  • These Credit Ratings (ratings) reflect Spheric’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited 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 .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best Assigns Credit Ratings to Spheric Assurance Company, Ltd.

Retrieved on: 
Friday, August 5, 2022
Professional Services, Insurance, Finance, Credit, ERM, Industry, Spheric, Good, AM, ALL, Virgin Islands, AM Best, News, Insurance, Risk management, Reinsurance

AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of bbb (Good) to Spheric Assurance Company, Ltd (Spheric) (British Virgin Islands).

Key Points: 
  • AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of bbb (Good) to Spheric Assurance Company, Ltd (Spheric) (British Virgin Islands).
  • The outlook assigned to these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .