- Published: December 2013
- Region: Global
Summary: Alterra Capital Holdings Ltd. And Operating Subsidiaries Dec 11
- Published: December 2011
- Standard & Poors
The counterparty credit rating on Alterra Capital Holdings Ltd. (ACHL) and the insurer financial strength ratings on its operating insurance and reinsurance subsidiaries (collectively referred to as Alterra) are based on the group's strong and enhanced competitive position following the merger of Max Capital and Harbor Point. In addition, Alterra benefits from significant depth and breadth of the combined management teams of the former organizations. Operating and underwriting performance was strong at the former organizations, and it has remained strong for the merged entity. Capital adequacy is also very strong, and the group benefits from a conservative investment portfolio. Alterra's performance has been consistent with its financial strategy of lower volatility and above-average returns, and we believe that its enterprise...
Companies mentioned in this report are: Alterra Bermuda Ltd.
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Alterra Bermuda Ltd.