Credit Ratings

To view A.M. Best's rating report on Max Capital Group companies in PDF format please click on the Best's Rating Report icon.

AM BestRated A- by A.M. Best Company

For the latest rating, access www.ambest.com

In January 2000, Max Bermuda Ltd. (formally Max Re Ltd.) was assigned a financial strength rating of A- (Excellent) by A.M. Best Company. Subsequently, this rating was extended to its affiliated companies, Max Re Europe Limited, Max Insurance Europe Limited and Max Specialty Insurance Company. In reaffirming these ratings in July 2006, A.M. Best indicated “These ratings reflect Max Re’s diversified mix of traditional property/casualty products, along with its life and annuity business, solid operating results and an experienced management team. Its book of business, which predominately contains long-tail casualty lines, is fully supported by the company’s excellent level of risk-based capitalization and risk management controls.”

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Fitch Fitch, Inc – Financial Strength A (Strong)

View Fitch Rating — PDF

Max Capital Group companies have been rated A by Fitch Ratings since November, 2000. In reaffirming the rating in February 2007, Fitch stated that the "ratings on Max Re reflect the company´s disciplined and flexible approach to underwriting risks, through the continued use of its sophisticated models and structuring of every contract with loss caps and aggregate limits, improved operating results posted in 2006 and favorable parent company financial flexibility."

Moody’s

Max Bermuda Ltd rated A3 by Moody's

View Moody's press release

In assigning its rating in April 2007, Moody's stated that Max Bermuda Ltd.´s "A3 insurance financial strength rating is based primarily on its diversified business platform of reinsurance and insurance across both property/casualty and life/annuity insurance sectors, on its profitable operations in each of the past four years that has enabled it to build capital internally, on the overall quality and returns of its investment portfolio, on its good equity capitalization, and on its seasoned management team. Moody´s noted that the company´s products are distributed through a reasonably diversified panel of brokers, thereby mitigating the likelihood of disruption in its business relationships."

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