{"id":16641,"date":"2026-06-05T01:30:00","date_gmt":"2026-06-04T23:30:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=652369266cb49c3e529c6339342265f6"},"modified":"2026-06-05T01:30:00","modified_gmt":"2026-06-04T23:30:00","slug":"am-best-affirms-credit-ratings-of-north-end-re-ltd","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=16641","title":{"rendered":"AM Best Affirms Credit Ratings of North End Re Ltd."},"content":{"rendered":"<p>OLDWICK, N.J.--(BUSINESS WIRE)--<a href=\"https:\/\/twitter.com\/hashtag\/insurance?src=hash\" >#insurance<\/a>--<b>AM Best <\/b>has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of \u201ca-\u201d (Excellent) of North End Re Ltd. (Bermuda). The outlook of these Credit Ratings (ratings) is stable.<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260604907491\/en\/828829\/5\/AM_Best_Logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260604907491\/en\/828829\/22\/AM_Best_Logo.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260604907491\/en\/828829\/5\/AM_Best_Logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260604907491\/en\/828829\/21\/AM_Best_Logo.jpg\" \/><\/a><p>\nThe ratings reflect North End Re Ltd.\u2019s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile, appropriate enterprise risk management, and support from the parent organization, Brookfield Wealth Solutions Ltd. (BWS).<\/p><p>\nThe company\u2019s risk-adjusted capitalization is assessed at the strongest level, as measured by Best\u2019s Capital Adequacy Ratio (BCAR), although some volatility in balance sheet strength metrics is expected over the near term as more business is assumed. As operations increase in scale, the company also is expected to utilize available internal and external revolving lines of credit to provide liquidity and maintain capital levels. To date, North End Re Ltd. has closed one transaction in third-quarter 2021, reinsuring $1.6 billion of fixed deferred annuities. The company is planning to assume annuity-type business from European and\/or other Asian markets over the near term.<\/p><p>\nNorth End Re Ltd.\u2019s parent, BWS, is a publicly traded company [NYSE, TSX: BNT], which is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. The parent provided the initial capitalization of North End Re Ltd. in 2021 to complete its first reinsurance transaction, and continues to provide ongoing operational support.<\/p><p>\nOffsetting the favorable attributes of North End Re Ltd. is the lack of new transactions over the last four years, which has exemplified the competitive space the company operates in. AM Best notes that the company was initially quick in establishing itself, showing early success against competitors and does not compromise on underwriting standards to acquire new business.<\/p><p>\n<b>This 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><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fratings.ambest.com%2Fratingeventdisclosures.aspx&amp;esheet=54548057&amp;newsitemid=20260604907491&amp;lan=en-US&amp;anchor=Recent+Rating+Activity&amp;index=1&amp;md5=e4c45843ebb38cf5c507b1d3b1a04b7d\" rel=\"nofollow\" shape=\"rect\"><b>Recent Rating Activity<\/b><\/a><b> web page. For additional information regarding the use and limitations of Credit Rating opinions, please view <\/b><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww3.ambest.com%2Fambv%2Fratingmethodology%2FOpenPDF.aspx%3Fri%3D1901&amp;esheet=54548057&amp;newsitemid=20260604907491&amp;lan=en-US&amp;anchor=Guide+to+Best%27s+Credit+Ratings&amp;index=2&amp;md5=67668985fe6ba04ee0bda8d81b8b5a83\" rel=\"nofollow\" shape=\"rect\"><b>Guide to Best's Credit Ratings<\/b><\/a><b>. 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><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ambest.com%2Fratings%2Fguidetouse.pdf&amp;esheet=54548057&amp;newsitemid=20260604907491&amp;lan=en-US&amp;anchor=Guide+to+Proper+Use+of+Best%26%238217%3Bs+Ratings+%26amp%3B+Assessments&amp;index=3&amp;md5=da07fb6b370a20004a08a90e1148df57\" rel=\"nofollow\" shape=\"rect\"><b>Guide to Proper Use of Best\u2019s Ratings &amp; Assessments<\/b><\/a><b>.<\/b><\/p><p>\n<b>AM 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><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ambest.com%2F&amp;esheet=54548057&amp;newsitemid=20260604907491&amp;lan=en-US&amp;anchor=www.ambest.com&amp;index=4&amp;md5=62fed690e47751ddf6944555e6b9fb69\" rel=\"nofollow\" shape=\"rect\"><b>www.ambest.com<\/b><\/a><b>.<\/b><\/p><p class=\"bwalignc\">\n<b>Copyright \u00a9 2026 by A.M. Best Rating Services, Inc. and\/or its affiliates. ALL RIGHTS RESERVED.<\/b><\/p><br\/> <b>Contacts<\/b> <br\/><p>\n<b>Kevin Varvaro<\/b><br\/><b>Senior Financial Analyst<\/b><br\/><b>+1 908 882 2410<\/b><br\/><a  href=\"mailto:kevin.varvaro@ambest.com\" rel=\"nofollow\" shape=\"rect\">kevin.varvaro@ambest.com<\/a><br\/>\n<br\/><b>Stephen Vincent<\/b><br\/><b>Associate Director<\/b><br\/><b>+1 908 882 1705<\/b><br\/><a  href=\"mailto:stephen.vincent@ambest.com\" rel=\"nofollow\" shape=\"rect\">stephen.vincent@ambest.com<\/a><\/p><p>\n<b>Christopher Sharkey<\/b><br\/><b>Associate Director, Public Relations<\/b><br\/><b>+1 908 882 2310<\/b><br\/><a  href=\"mailto:christopher.sharkey@ambest.com\" rel=\"nofollow\" shape=\"rect\">christopher.sharkey@ambest.com<\/a><br\/>\n<br\/><b>Al Slavin<\/b><br\/><b>Senior Public Relations Specialist<\/b><br\/><b>+1 908 882 2318<\/b><br\/><a  href=\"mailto:al.slavin@ambest.com\" rel=\"nofollow\" shape=\"rect\">al.slavin@ambest.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>OLDWICK, N.J.&#8211;(BUSINESS WIRE)&#8211;#insurance&#8211;AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of \u201ca-\u201d (Excellent) of North End Re Ltd. (Bermuda). The outlook of these Credit Ratings (ratings) is&#8230;<\/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-16641","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\/16641","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=16641"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/16641\/revisions"}],"predecessor-version":[{"id":16642,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/16641\/revisions\/16642"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}