A.M. Best highlights the strength of rated re/insurers in the mature EMEA markets

An A.M. Best analysis of re/insurers domiciled in the mature markets of the European, Middle East and Africa (EMEA) region under the rating agency's updated Best's Credit Rating Methodology (BCRM) and its new building-block approach has revealed that 87.6% of rated companies in this group have Long-Term Issuer Credit Ratings deemed "Excellent" or above.

The Best's Special Report, titled, "(Re)insurers in Mature EMEA Markets - A Building Block Approach," also indicates that these EMEA-mature companies, in general, have very robust balance sheets, adequate and strong operating performance, neutral business profiles and utilize appropriate enterprise risk management structures.

The updated BCRM was implemented on Oct. 13, 2017, and is a reorganization of the previous methodology, utilizing a building-block approach to provide greater detail and clarity to the Credit Rating (rating) analysis. As a result of this new approach, approximately 3% of A.M. Best's ratings within the EMEA-mature group were placed under review.

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