Financial Rating
Arcadian is a managing general agent and Lloyd’s coverholder with security provided in partnership with SiriusPoint, RenaissanceRe and Somers Re.
SiriusPoint and Renaissance Re are both global (re)insurers listed on the New York Stock Exchange. Somers Re is a privately held, global specialty property and casualty insurance and reinsurance company owned by Arch Capital Group Ltd., Kelso & Company and Warburg Pincus.
Capacity provided by SiriusPoint’s is through their operating entities, SiriusPoint Bermuda Insurance Company Ltd. and SiriusPoint International Insurance Corporation (Publ). SiriusPoint Bermuda Insurance Company Ltd, is registered as a Class 4 insurer and regulated by the Bermuda Monetary Authority. SiriusPoint International Insurance Corporation (Publ) is domiciled in Sweden and regulated by Finansinspektionen.
Capacity provided by RenaissanceRe is through Lloyd’s Underwriter Syndicate No. 1458 RNR and Lloyd’s Insurance Company S.A. (reinsured by Lloyd’s syndicate RNR 1458).
Capacity provided by Somers Re is through Lloyd’s Underwriter Syndicate No. 3705 SOM and Lloyd’s Insurance Company S.A. (reinsured by Lloyd’s syndicate SOM 3705).
Both SiriusPoint Bermuda Insurance Company Ltd. and SiriusPoint International Insurance Corporation enjoy an “A-” financial strength rating from A.M. Best Company, an “A-“ rating from S&P and an A- rating from Fitch. Lloyds is rated “A” by A.M. Best, “AA-“ by S&P, “AA-“ by Fitch and “AA- “by KBRA.