Beazley’s new Bermuda entity receives PCA from AM Best

AM Best has assigned a Preliminary Credit Assessment (PCA) to Beazley Bermuda Insurance Limited (BBIL), the London-headquartered specialist insurer and reinsurer’s new Bermuda entity.BBIL received a Financial Strength Assessment of A pca (Excellent) and a Long-Term Issuer Credit Assessment of “a+” pca (Excellent), with a stable outlook on the PCA.Readers may recall that alongside its nine-month results in 2025, Beazley unveiled a new Bermuda platform to support growth from 2026.At the time, Beazley announce ...