Content and data provided by various third parties and Fidelity - Terms of Use
Print.Print
Small font size A Larger text size A Largest text size A

AM Best Upgrades Issuer Credit Rating of MS Amlin AG (MS Reinsurance)

BY Business Wire | CORPORATE | 12:29 PM EDT

LONDON--(BUSINESS WIRE)-- AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to ?aa? (Superior) from ?aa-? (Superior) and affirmed the Financial Strength Rating (FSR) of A+ (Superior) of MS Amlin AG (MS Reinsurance) (Switzerland). The outlook of the Long-Term ICR has been revised to stable from positive while the outlook of the FSR is stable. The company is a subsidiary of Mitsui Sumitomo Insurance Company, Limited (MSI).

The Credit Ratings (ratings) reflect the consolidated balance sheet strength of MSI, which AM Best assesses as strongest, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management.

The Long-Term ICR upgrade reflects the assignment of full rating enhancement to MS Reinsurance due to the increased strategic and financial importance to its parent, MSI. The ratings of MSI are being extended to MS Reinsurance given the implicit and explicit support provided, the latter in the form of a full unconditional parental guarantee.

MS Reinsurance has grown in recent years and accounts for a significant portion of MS&AD Insurance Group Holdings, Inc. (MS&AD) and MSI?s international premiums and profits. The company, with its operating hubs in Zurich, Bermuda and the United States, is a key platform for MS&AD?s strategy to increase its exposure to international markets and differentiate its premium and profit base geographically. MS Reinsurance is the group?s global reinsurance platform and wrote gross premiums of approximately USD 4 billion in 2025.

This press release relates to Credit Ratings that have been published on AM 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 AM Best?s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best?s Credit Ratings. For information on the proper use of Best?s Credit Ratings, Best?s Performance Assessments, Best?s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best?s Ratings & Assessments.

AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright ? 2026 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Source: AM Best

More Fixed Income News

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

© 1998 – 2014 FMR LLC.

All rights reserved.
fir_news_article