{"id":13488,"date":"2026-05-30T00:55:00","date_gmt":"2026-05-29T22:55:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=fe41a58d611fe0ea9cdfd94abaef2224"},"modified":"2026-05-30T00:55:00","modified_gmt":"2026-05-29T22:55:00","slug":"am-best-affirms-credit-ratings-of-republic-insurance-company-cayman-limited","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=13488","title":{"rendered":"AM Best Affirms Credit Ratings of Republic Insurance Company (Cayman) Limited"},"content":{"rendered":"

OLDWICK, N.J.--(BUSINESS WIRE)--#insurance<\/a>--AM Best <\/b>has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of \u201cbbb\u201d (Good) of Republic Insurance Company (Cayman) Limited (Republic Insurance) (Cayman Islands). The outlook of these Credit Ratings (ratings) is stable.<\/p><\/a><\/a>

\nThe ratings reflect Republic Insurance\u2019s 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. Republic Insurance\u2019s ratings also take into account the credit profile of its ultimate parent, Republic Financial Holdings Limited, which continues to exert some downward pressure on the overall rating assessment.<\/p>

\nRepublic Insurance\u2019s balance sheet continues to be supported by ample liquidity and a stable capital base, built upon a sizable holding of investment-grade, fixed-income securities, reflected in the strongest level of risk-adjusted capitalization, as measured by Best\u2019s Capital Adequacy Ratio (BCAR). The investment portfolio is composed primarily of short-duration sovereign debt, quasi government securities and corporate bonds. Republic Insurance has produced positive operating earnings consistently with premium levels being driven by lending activity at the affiliated banking company. The company\u2019s net investment income continues to grow in tandem with its invested asset base, which supports overall profitability.<\/p>

\nRepublic Insurance\u2019s business profile is continuously challenged by the economic environments of the countries that it primarily operates in, which includes Trinidad & Tobago, Barbados, Guyana and Grenada. Overall, the majority of business is heavily concentrated in Trinidad and Tobago, which increases the company\u2019s potential exposure to heightened economic and political risks, and are factors that are being closely monitored by AM Best.<\/p>

\nThis press release relates to Credit Ratings that have been published on AM Best\u2019s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best\u2019s <\/b>Recent Rating Activity<\/b><\/a> web page. For additional information regarding the use and limitations of Credit Rating opinions, please view <\/b>Guide to Best's Credit Ratings<\/b><\/a>. For information on the proper use of Best\u2019s Credit Ratings, Best\u2019s Performance Assessments, Best\u2019s Preliminary Credit Assessments and AM Best press releases, please view <\/b>Guide to Proper Use of Best\u2019s Ratings & Assessments<\/b><\/a>.<\/b><\/p>

\nAM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit <\/b>www.ambest.com<\/b><\/a>.<\/b><\/p>

\nCopyright \u00a9 2026 by A.M. Best Rating Services, Inc. and\/or its affiliates. ALL RIGHTS RESERVED.<\/b><\/p> Contacts<\/b>

\nKiril Nikolaev<\/b>Financial Analyst<\/b>+1 908 882 8181<\/b>kiril.nikolaev@ambest.com<\/a><\/p>

\nIgor Bass<\/b>Senior Financial Analyst<\/b>+1 908 882 1646<\/b>igor.bass@ambest.com<\/a><\/p>

\nChristopher Sharkey<\/b>Associate Director, Public Relations<\/b>+1 908 882 2310<\/b>christopher.sharkey@ambest.com<\/a><\/p>

\nAl Slavin<\/b>Senior Public Relations Specialist<\/b>+1 908 882 2318<\/b>al.slavin@ambest.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

OLDWICK, N.J.–(BUSINESS WIRE)–#insurance–AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of \u201cbbb\u201d (Good) of Republic Insurance Company (Cayman) Limited (Republic Insurance) (Cayman Islands). Th…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13488","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/13488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13488"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/13488\/revisions"}],"predecessor-version":[{"id":13489,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/13488\/revisions\/13489"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}