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A.M. Best Affirms Ratings of Ardellis Insurance Ltd.

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OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Ardellis Insurance Ltd. (Ardellis) (Bermuda). The outlook for both ratings is stable. The ratings of Ardellis reflect its conservative underwriting leverage, strong level of capitalization and profitable operating results driven by its excellent underwriting performance. Partially offsetting these positive rating factors are Ardellis’ relatively high ret

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