TSX:FFHInsurance
Will AM Best’s Strong Southbridge Rating Deepen Fairfax Financial Holdings’ (TSX:FFH) Insurance Platform Narrative?
AM Best recently assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of "a" (Excellent) to Southbridge Compañía de Seguros Generales S.A., citing very strong balance sheet strength, adequate operating performance, neutral business profile, appropriate enterprise risk management, and ongoing support from Fairfax Financial Holdings Limited.
This rating action highlights how Fairfax’s backing underpins Southbridge’s capital position and risk controls,...