PRESS RELEASE 2021
Caribbean Alliance Insurance Co. Ltd. Receives Financial Rating Reaffirmation
As of October 13, 2021, A.M. Best Company has once again reaffirmed the Financial Strength rating of Caribbean Alliance Insurance Company Ltd. as A (Excellent) Stable.
A.M.Best is a U.S. based financial rating agency that focuses on the insurance industry. A.M. Best’s Financial Strength Ratings represent the company’s assessment of an insurer’s ability to meet its obligations to policyholders.
The rating process involves reviews of a company’s balance sheet, operating performance and business profile, including comparisons to peers and industry standards and assessments of an insurer’s operating plans, philosophy and management.
Caribbean Alliance Director, Alistair Letby spoke about the company’s reaffirmation stating, “We are very pleased to have had our A Rating reaffirmed by AM Best. I think it is testament to our effort to maintain our operations throughout the last 18 months in what has clearly been a very difficult time. We thank our customers for their continued support”.
For full details on the AM Best’s financial ratings please visit www.ambest.com
Caribbean Alliance continues to operate on the Islands of Anguilla, Antigua & Barbuda, British Virgin Islands, Bahamas, Barbados, Cayman Islands, Dominica, Grenada, Montserrat, St. Kitts & Nevis, St. Lucia, St Maarten, St. Vincent and the Grenadines and Turks and Caicos.