Best, Assigns

A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to Peak Reinsurance AG (Peak Re AG) (Switzerland).

21.04.2017 - 16:02:06

A.M. Best Assigns Credit Ratings to Peak Reinsurance AG. The outlook assigned to these Credit Ratings (ratings) is stable.

Positive rating actions are not likely in the short term. Negative rating actions may occur if Peak Re’s ratings are downgraded, or if A.M. Best determines that Peak Re AG’s level of importance to Peak Re has diminished materially.

Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.

This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings.

A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.

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