The Swedish Club has received an upgrade from AM Best to an A- (Excellent) rating.  Standard & Poor’s reaffirmed it’s “BBB+” rating earlier this year, although they had raised their assessment of the Club’s capital adequacy and earnings to ‘strong’.

At the same time, the London Club, managed by A Bilbrough, have received their first interactive rating of ‘BBB’ from Standard & Poor’s.  The London Club was the last IG Club to seek an interactive rating having previously relied on a PI rating only.

The upgrade from AM Best is well timed given initial quotes for the 2015 P&I renewals have been issued to many Members of the International Group.  If you would like more information on the options available for your 2015 P&I renewal, please don’t hesitate to contact us at [email protected] or your usual Latitude contact.

The full Swedish Club announcement can be found here.

Tagged with: , , , ,