AM Best affirms Active Re’s ratings

AM Best has affirmed Active Capital Reinsurance’s (Active Re) “A” (Excellent) Financial Strength Rating and “a” (Excellent) Long-Term Issuer Credit Rating, with a stable outlook.

The ratings reflect the company’s strong balance sheet, solid operating performance, neutral business profile, and appropriate business risk management.

The stable outlook is based on Active Re’s ability to sustain strong operating performance through consistent underwriting and a solid capital structure.

Founded in 2007, Active Re is a reinsurer headquartered in Barbados, in the Caribbean. The company also has offices in Miami (United States), Panama City (Panama), and Madrid (Spain), and operates in more than 129 countries.