Financial strength ratings describe the financial security characteristics of the rated entity, reflecting an independent opinion of financial strength and ability to meet ongoing insurance policy and contract obligations. They are an important factor in evaluating and establishing the competitive position of reinsurance and insurance companies.
Ascot U.S. (Ascot Insurance Company & Ascot Specialty Insurance Company)
A.M. Best has assigned each of these companies within Ascot Group a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” with a Financial Size Category of Class XIV ($1.5 Billion to $2 Billion). The outlook of these Credit Ratings is stable.
Syndicate 1414 benefits from the Lloyd’s Market ratings of A+ (Strong) from Standard & Poor’s, AA- (Very Strong) from Fitch and A (Excellent) from A.M. Best.