Beazley’s new Bermuda entity gets stable outlook as AM Best reacts to acquisition news

Beazley Bermuda Insurance Limited (BBIL), the London-domiciled specialist insurer and reinsurer’s new Bermuda entity, has been assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” (Excellent) by credit ratings agency AM Best.The outlook assigned to these ratings is stable. The ratings align with AM Best’s assignment of a Preliminary Credit Assessment (PCA) to BBIL in January 2026.Following the recent reports that Zurich Insurance Group’s offer to acquire Beazley ...