AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of 'a+' (Excellent) of
At the same time, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of 'a+' (Excellent) of
The ratings of Fontana Re reflect its balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and very strong enterprise risk management (ERM).
The ratings of Fontana Re US reflect its balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and very strong ERM.
Fontana Re and Fontana Re US are owned by
Fontana commenced operations in
AM Best notes that Fontana's operating performance and overall balance sheet strength have been maintained at levels consistent with expectations over its relatively short operating history. As the companies gain scale, AM Best expects that Fontana will generate underwriting profits and positive operating income in most periods, and that risk-adjusted capitalization will be maintained at levels that are broadly consistent with
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