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AM Best rating withdrawal for Agrinational raises concerns for captive insurers

  • Writer: Actomate
    Actomate
  • Aug 20
  • 1 min read

The piece examines implications of a rating withdrawal for a parent-owned captive. It discusses potential refinancing and counterparty impacts. Rating reliance can affect fronting and reinsurance access. Captives must assess contingency plans and disclosure. The case underscores governance and capital planning needs.

Source: Captive.com


AM Best's withdrawal of Agrinational's rating prompts discussion on rating dependencies for parent-backed captives.

 
 
 

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