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RATING AND PERFORMANCE


Table 2: Ratings Score Snapshots (Continued)* Company Name Bermuda


Capital & earnings


Allied World Assurance Company Holdings, AG


Alterra Capital Holdings Ltd. Arch Capital Group Ltd. AXIS Capital Holdings Ltd.


Endurance Specialty Holdings Ltd. Maiden Holdings Ltd.


Large global reinsurers Hannover Rueck SE Lloyds


Munich Reinsurance Co. SCOR SE


Swiss Reinsurance Company Ltd.


London market Amlin PLC


Aspen Insurance Holdings Ltd. Catlin Group


Hiscox Insurance Co. Ltd.


Midsize global reinsurers Everest Re Group Ltd. PartnerRe Ltd.


Transatlantic Reinsurance Co. Very strong Risk position High risk


Financial flexibility


Adequate


High risk High risk


Strong Strong


Enterprise risk management


Strong


Extremely strong Moderate risk Adequate Adequate, strong risk controls Very strong Moderate risk Very strong Very strong


Adequate Strong Moderate risk Platinum Underwriters Holdings Ltd. Extremely strong High risk


Less than adequate


Strong Strong Strong


Adequate Adequate Adequate, strong risk controls


Extremely strong Moderate risk Adequate Very strong


High risk


Extremely strong Moderate risk Strong


Extremely strong High risk Strong Very strong


High risk High risk


Moderately strong High risk Strong


High risk


Extremely strong High risk Very strong


High risk Extremely strong High risk


Property-catastrophe/short-tail specialists Lancashire Holdings Ltd. Montpelier Re Holdings Ltd. RenaissanceRe Holdings Ltd. Validus Holdings Ltd. *As at August 26, 2014.


68 Moderate risk


Strong Strong Strong Strong


Strong Strong


Adequate Strong


Strong Strong


Adequate


Very strong Very high risk Adequate Extremely strong Very high risk Adequate Extremely strong High risk Extremely strong High risk


Strong


Very strong Strong


Very strong Very strong Very strong


Very strong Very strong Very strong Strong


Strong


Adequate, strong risk controls Strong


Strong Strong


Very strong Adequate Adequate, strong risk controls


Management & governance


Satisfactory Satisfactory


Satisfactory Satisfactory Satisfactory


Fair Fair


Strong Strong Strong Strong


Satisfactory


Satisfactory Satisfactory Satisfactory Strong


Satisfactory Satisfactory Satisfactory


Satisfactory Fair


Strong Satisfactory


Holistic analysis Liquidity


0 Strong


0 Exceptional 0 0 0


Strong


Adequate Adequate


0 0


Adequate Strong


0 Exceptional 0


Strong


0 Exceptional 0


Strong 0 Exceptional


0 0 1


Strong Strong


Exceptional 0 Exceptional


0 0 0


0 0 0 0


Strong Strong Strong


Strong


Adequate Strong


Adequate


Global Reinsurance Highlights 2014


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