AM Best affirms Hiscox 'A' rating
AM Best has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of “a” of Hiscox Insurance Company (Bermuda), Hiscox Insurance Company and Hiscox Insurance (Guernsey), all operating companies of Hiscox Ltd (Bermuda). The outlook for all ratings remains stable.
The ratings of the Hiscox operating companies continue to reflect the strong consolidated risk-adjusted capitalisation of the group's holding company, Hiscox, AM Best added.
In a statement it added:
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