AM Best affirms Marco Re A- Financial Strength Rating

Marco Capital Holdings Limited – P&C re/insurance run-off and insurance services group – today announced that AM Best, the leading international insurance Ratings Agency, has affirmed the A-“Excellent” Financial Strength rating for Marco Re, which was first assigned on 26th February 2024.

Marco Re is the largest carrier in the Marco Capital Group and is based in Guernsey. Marco Re offers its clients competitive reinsurance solutions for international P&C Legacy situations. As a highly rated P&C Legacy carrier, Marco’s value and security proposition to clients seeking an attractive counterparty for risk transfer transactions has now been affirmed by a leading, specialist insurance ratings agency.

Mark Elliott, CEO of Marco Re, said “We are delighted that AM Best has affirmed the financial strength rating of Marco Re which continues to act for its clients as a reliable and sophisticated provider of P&C Legacy solutions. Security and operational excellence remain key priorities for the management of Marco Re, which specialises in solving our clients’ complex issues whether from a risk and/or capital management perspective”.

Simon Minshall, Marco Capital Group CEO, commented: “Marco has a long-term approach to the Legacy market – we aim to offer valuable solutions to our clients combining financial security with sophistication while always respecting the long-term interests of our investors. We are delighted to have validation of our performance and strategy by AM Best, a leading specialist rating agency. As one of only 2 providers with rated paper, we consider this a differentiator in the P&C Legacy market and are increasingly seeing clients recognise the value”.