The statistic was published in AM Best’s market segment report, ‘Feasibility and Utility Sustain Captives’ Excellent Profitability
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The statistic was published in AM Best’s market segment report, ‘Feasibility and Utility Sustain Captives’ Excellent Profitability
Post-COVID-19 conditions are driving a captive evolution: AM Best
AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating“ a-” to Riverfront Insurance, LLC. The outlook assigned to these Credit Ratings is stable. Riverfront was domiciled in Delaware in 2020 and writes, on a direct-claims-made basis, error and omission and director and officer coverage only for its parent.
The risk management event takes place April 10-13 at the Moscone Center in San Francisco. On April 11, at 2:30 p.m., Dan Teclaw, associate director, AM Best will lead a session, titled,“ Think Like a Captive: Innovative Solutions Continue to Prevail.” The session will explore how captive insurance has responded to COVID-19, social inflation, climate risk, secondary...