April 14, 2021
Business News

AM Best Assigns Preliminary Credit Assessment to North End Re (Cayman) SPC


OLDWICK, N.J.–()–AM Best has assigned a Preliminary Credit Assessment (PCA) to North End Re (Cayman) SPC (NER Cayman) (Cayman Islands) with a Financial Strength Assessment of A- pca (Excellent) and a Long-Term Issuer Credit Assessment of “a-” pca. The outlook assigned to these PCAs is stable. Currently, the company is a wholly owned direct subsidiary of Brookfield Asset Management Inc.

The PCA reflects NER Cayman’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

The PCA reflects the company’s plan of making a significant capital investment to keep an appropriate level of…



Click here to view the original article.

Related Posts

You might also like ...

AON Splash Image
GenScript Biotech BV e IES Diagnostics concludono accordo di distribuzione per il kit per anticorpi anti-SARS-CoV-2
Arctos NorthStar Acquisition Corporation Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing April 15, 2021
Riassunto: Velodyne propone le sue avanzate soluzioni lidar al salone dell’automobile Auto Shanghai 2021