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0 0 0 0.000763632396714837 0.000545451711939194 -0.000638957719700108 -0.00294543924447144 -0.00416101734536438
Stock impact report

AM Best Affirms Credit Ratings of StarStone Insurance Bermuda Limited and Its Subsidiary [Yahoo! Finance]

Enstar Group Limited - Ordinary Shares (ESGR) 
US:NASDAQ Investor Relations: enstargroup.com/investor-relations
Company Research Source: Yahoo! Finance
the Long-Term Issuer Credit Ratings of "a-" (Excellent) of StarStone Insurance Bermuda Limited (SIBL) (Bermuda) and StarStone Insurance SE (SISE) (Liechtenstein). The outlook of these Credit Ratings (ratings) is stable. The ratings of SIBL and SISE reflect their balance sheet strength assessments, which AM Best evaluates as very strong, as well as their adequate operating performance, very limited business profile and appropriate enterprise risk management assessments. Both companies' ratings benefit from the support of their ultimate parent, Enstar Group Limited (Enstar), which has a track record of providing these subsidiaries with financial assistance and operational support. Both companies ceased underwriting new business in July 2020, and SIBL has since disposed of its U.S. subsidiaries and Lloyd's operations. SIBL bears the liabilities of business written prior to the disposal date of these companies through reinsurance agreements, however, the liabilities related to the Llo Show less Read more
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