Home > Industry News > A.M. Best Upgrades Ratings of Island Heritage

A.M. Best Upgrades Ratings of Island Heritage

Cayman Islands-based insurance provider, Island Heritage, has had its financial strength rating upgraded to A (Excellent) from A- (Excellent) and the issuer credit rating to "a" from "a-". The outlook for both ratings has been revised from positive to stable.

Island Heritage CEO Marc Shirra said, "The A.M. Best A (Excellent) rating upgrade is a coveted financial strength and credit standard, recognised worldwide, that few Caribbean insurance companies can boast. Furthermore, as a Cayman domiciled Class A insurance company, Island Heritage is the only company currently at this level. This rating recognises the continued and improved strengths of Island Heritage’s capitalisation and reinsurance protection against severe and frequent catastrophic events."

For more information, visit: www.islandheritageinsurance.com

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