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A.M. Best Assigns Ratings to Fidelis Insurance Bermuda Limited and Fidelis Insurance Holdings Limited

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OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has assigned a financial strength rating of A- (Excellent) and an issuer credit rating (ICR) of “a-” to Fidelis Insurance Bermuda Limited (Fidelis). Concurrently, A.M. Best has assigned an ICR of “bbb-” to Fidelis’ holding company, Fidelis Insurance Holdings Limited and a debt rating of “bb” to its $292 million 9% cumulative preference shares due 2050. The outlook assigned to all ratings is stable. The ICR of Fidelis Insurance Holdings Limited is strict

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