We are pleased to report that A.M. Best has just reaffirmed the "A- (Excellent)" rating for AEGIS and that the rating outlook remains "positive." We would, of course, have been more pleased if the rating had been upgraded at this time, however their press release expresses their rationale and it reads favorably. In particular, A.M. Best states:
AEGIS' ratings could be considered for positive rating actions if the company continues to demonstrate strong operating fundamentals in areas such as risk-adjusted capitalization, evidence of sustainable and stable investment results and the continuation of favorable loss development trends.
In addition, A.M. Best reaffirmed the "A (Excellent)" financial strength rating with a stable outlook for AEGIS London. Our analysts noted the financial strength of both AEGIS and the Lloyd's market, as well as the Syndicate's diversified book of business, as factors that supported their reaffirmation. Read the full A.M. Best press releases.
Thank you for your support in helping us achieve these positive rating reviews. With your help, we'll strive to continue on our good financial trajectory.