{"id":17129,"date":"2026-06-05T23:10:00","date_gmt":"2026-06-05T21:10:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=c5c67c6b395e07dfe88c6d07b1e8d2e9"},"modified":"2026-06-05T23:10:00","modified_gmt":"2026-06-05T21:10:00","slug":"am-best-upgrades-credit-ratings-of-east-caribbean-reinsurance-company-limited","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=17129","title":{"rendered":"AM Best Upgrades Credit Ratings of East Caribbean Reinsurance Company Limited"},"content":{"rendered":"

OLDWICK, N.J.--(BUSINESS WIRE)--#insurance<\/a>--AM Best <\/b>has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to \u201cbbb\u201d (Good) from \u201cbbb-\u201d (Good) of East Caribbean Reinsurance Company Limited (ECRC) (Anguilla). The outlook of these Credit Ratings (ratings) has been revised to stable from positive.<\/p><\/a><\/a>

\nThe ratings reflect ECRC\u2019s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.<\/p>

\nThe rating upgrades reflect continued improvement in ECRC\u2019s balance sheet strength metrics. The company level of risk-adjusted capitalization, as measured by Best\u2019s Capital Adequacy Ratio (BCAR), is assessed as strongest. While absolute capital and surplus remains modest, ECRC\u2019s BCAR scores have measured consistently at the strongest level for the past several years, showing the relative strength of its balance sheet given its lower levels of premium retention. ECRC has grown capital and surplus annually through favorable net earnings, despite occasional dividend payments to its parent entity, TDC Group Limited (TDC Group). Furthermore, the company\u2019s balance sheet strength assessment is supported further by strong liquidity measures and a conservative asset portfolio, which is primarily composed of cash and short-term investments. However, ECRC has a high dependence on reinsurance, but it is mitigated by the use of a high-quality panel of reinsurers with cash calls built into its reinsurance program.<\/p>

\nECRC\u2019s operating performance is assessed as adequate. The company has reported positive operating performance over the past several years and executed its business plans with discipline through fiscal year-end 2025, which is expected to continue through fiscal year-end 2026. Earnings are attributable to the company\u2019s conservative reinsurance structure and the absence of major catastrophe events. ECRC retrocedes most of the business it writes and retains only a modest amount of risk, which is reflected in its loss ratios. Additionally, gross premiums have grown steadily in recent years and AM Best expects this to continue through fiscal year-end 2026.<\/p>

\nECRC\u2019s business profile is assessed as limited. While premiums have been diversifying geographically in recent years, they remain concentrated in St. Kitts and Nevis and Anguilla. Moreover, ECRC provides treaty and facultative reinsurance solutions for various lines of property\/casualty coverage to TDC Group, while expanding its business to other entities operating in the region. The organization aims to achieve growth within existing guidelines without increasing its net retained risk.<\/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>

\nJennifer Asamoah<\/b>Senior Financial Analyst<\/b>+1 908 882 1637<\/b>jennifer.asamoah@ambest.com<\/a>\nSally Rosen<\/b>Senior Director<\/b>+1 908 882 2284<\/b>sally.rosen@ambest.com<\/a>\nChristopher Sharkey<\/b>Associate Director, Public Relations<\/b>+1 908 882 2310<\/b>christopher.sharkey@ambest.com<\/a>\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 upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to \u201cbbb\u201d (Good) from \u201cbbb-\u201d (Good) of East Caribbean Reinsurance Company Limited (ECRC) (…<\/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-17129","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\/17129","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=17129"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/17129\/revisions"}],"predecessor-version":[{"id":17130,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/17129\/revisions\/17130"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}