AM Best Affirms NEIL Group Rating

We are pleased to announce that AM Best has affirmed the Financial Strength Rating (FSR) of “A” (Excellent) and an Issuer Credit Rating (ICR) of “a+” (Excellent) for Nuclear Electric Insurance Limited (NEIL) (Wilmington, Delaware) and its wholly-owned subsidiaries Cedar Hamilton Limited (Hamilton, Bermuda) and NEIL Overseas dac (Dublin, Ireland).  The outlook for both the FSR and ICR is “stable.” 

In the attached Press Release, AM Best notes the rating reflects the NEIL companies’ balance sheet strength (assessed as strongest), operating performance, favorable business profile, and appropriate enterprise risk management.  The full AM Best report is now available on the NEIL Member website:  AM Best Report

AM Best is a leading global credit rating agency serving the insurance industry.