Lancashire Holdings (LCSHF) 7.8000 $LCSHF A.M. Best

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Lancashire Holdings (LCSHF) 7.8000 $LCSHF

A.M. Best Revises Issuer Credit Rating Outlook to Stable for Lancashire Holdings Limited and Its Subsidiaries
BusinessWire - Thu Jul 09, 3:20PM CDT
A.M. Best has revised to issuer credit rating (ICR) outlook to stable from positive and affirmed the financial strength rating (FSR) of A (Excellent) and the ICRs of "a" of Lancashire Insurance Company Limited (Hamilton, Bermuda) and Lancashire Insurance Company (UK) Limited (United Kingdom) (collectively known as Lancashire). The outlook for the FSR remains stable. Additionally, A.M. Best has revised the outlook to stable from positive and affirmed the ICR of "bbb" and debt ratings of the parent company, Lancashire Holdings Limited (Lancashire Holdings) (Hamilton, Bermuda) [LSE: LRE]. (See below for a detailed listing of the debt ratings.)

Fidelis Insurance Raises Approximately $1.5 Billion In Initial Capital From Leading Investors; Innovative Hybrid Model Designed To Maximize Return On Equity
PR Newswire - Tue Jun 09, 2:33PM CDT
Fidelis Insurance Holdings Limited ("Fidelis" or "the Company", a newly-formed specialty insurance and reinsurance provider employing an innovative model to optimize both the underwriting and asset sides of the balance sheet, today announced that it has secured approximately $1.5 billion in equity capital. This marks one of the largest industry capital raises ever, and immediately makes Bermuda-based Fidelis an important new underwriter in the global market. The Company has received an A.M. Best rating of A- (Excellent).

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