A.M. Best Affirms Credit Ratings of Third Point Reinsurance Ltd. and Its Subsidiaries
THIRD POINT REINSURANCE LTD (TPRE)
Last third point reinsurance ltd earnings: 2/27 04:10 pm
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US:NYSE Investor Relations:
thirdpointre.com/investors/financial-information/investment-portfolio-returns/default.aspx
Company Research
Source: Business Wire
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of Third Point Reinsurance Company Ltd. (TPRCL) (Bermuda) and Third Point Reinsurance (USA) Ltd. (TPRUSA) (Bermuda). A.M. Best also has affirmed the Long-Term ICRs of “bbb-” of Third Point Re (USA) Holdings, Inc. (TP USA) (Wilmington, DE) and its ultimate holding company, Third Point Reinsurance Ltd. (TP Re) (Bermuda) [NYSE:TPRE]. Concurrently, A.M. Best also has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “bbb-” on the $115 million 7% fixed senior unsecured notes due 2025 of TP USA. The outlook of these Credit Ratings (ratings) is stable. The ratings of TPRCL are based on its strong risk-adjusted capitalization, acceptance in the marketplace and the solid performance of its investment portfolio. The ratings also consider
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