AM Best Affirms Credit Ratings of Universal Insurance Company (Guernsey) Limited

LONDON--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb” (Fair) of Universal Insurance Company (Guernsey) Limited (UIC) (Guernsey). The outlook of these Credit Ratings (ratings) is negative. The ratings reflect UIC’s balance sheet strength, which AM Best assesses as adequate, as well as its strong operating performance, very limited business profile and marginal enterprise risk management (ERM). The negative outlooks