FSLSO - Florida Surplus Lines Service Office

08/09/2024 | Press release | Distributed by Public on 08/09/2024 11:22

August 9, 2024

August 9, 2024

AM Best Upgrades Credit Ratings of Lloyd's, Its Rated Subsidiaries & Society of Lloyd's

AM Best has upgraded the Financial Strength Rating (FSR) toA+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to "aa-" (Superior) from "a+" (Excellent) of Lloyd's (United Kingdom), Lloyd's Insurance Company (China) Limited (Lloyd's China) (China), and Lloyd's Insurance Company S.A. (Lloyd's Europe) (Belgium).

Concurrently, AM Best has upgraded the Long-Term ICR to "a+" (Excellent) from "a" (Excellent) of Society of Lloyd's (the Society) (United Kingdom) and the Long-Term Issue Credit Ratings to "a" (Excellent) from "a-" (Excellent) on the GBP 306 million 4.750% subordinated loan notes maturing 30 October 2024, as well as on the GBP 300 million 4.875% subordinated notes maturing 7 February 2047. The outlooks of these Credit Ratings (ratings) have been revised to stable from positive.

If you have any questions, please contact FSLSO staff at 800.562.4496, or by email at [email protected].

FSLSO

1441 Maclay Commerce Drive, Suite 200

Tallahassee, FL 32312
800-562-4496 • Office

[email protected]

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