A.M. Best Assigns Credit Ratings to Energy Risk Indemnity Reinsurance Inc.

MEXICO CITY–(BUSINESS WIRE)–A.M. Best has assigned a Financial Strength Rating of B+ (Good), and a Long-Term Issuer Credit Rating of “bbb-” to Energy Risk Indemnity Reinsurance Inc. (ERI Re) (Barbados). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings of ERI Re reflect its strong capital base for the purpose of developing a diversified property/casualty book of business throughout Latin America. Limiting the ratings is the inherent uncertainty of a startup company