Somerset Re gets A rating from AM Best for new Bermuda life reinsurer

Share!

Reinsurance News - Aug 21, 2025

Somerset Life Re, a new reinsurance company domiciled in Bermuda and a subsidiary of Somerset Re, has received a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” (Excellent) from AM Best. The ratings reflect the company’s balance sheet strength, which AM Best as...

Read Full Article

Recommended Articles

Allianz and Jio formalise Indian reinsurance joint venture

Posted: Sep 11, 2025

Allianz Europe B.V. and Jio Financial Services Ltd (JFSL) have formally incorporated their reinsuran...

Accelerant expands risk capital network through partnership with AF Specialty

Posted: Sep 11, 2025

Accelerant, a company that operates a data-driven Risk Exchange for specialty insurance, has establi...

Syria gets $7.9m payout from drought parametric policy

Posted: Sep 11, 2025

A parametric insurance policy has been triggered to provide relief to nearly 120,000 people in Syria...