AM Best removes Clear Blue ratings from under review with negative implications
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

AM Best removes Clear Blue ratings from under review with negative implications

clear blue logo 2023.png

AM Best has removed the ratings of Clear Blue Insurance Group from under review with negative implications and affirmed its credit ratings, saying the fronting carrier has managed to replace reinsurance capacity and raise $25mn in capital in the aftermath of the Vesttoo scandal.

The fronting company currently has a Long-Term Issue Credit Rating of “A-“, and Financial Strength Rating of “A-”, both of which are assigned a stable outlook.

Clear

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article