A.M. Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of a+ to Clearwater Select Insurance Company, an insurance company based in Stamford, Conn., that specializes in auto, home, life and business insurance. The outlook assigned to these credit ratings is stable.
Clearwater Select is a newly added member of the Odyssey Re Holdings Corp. rating unit and is a wholly owned subsidiary of Odyssey. The ratings of the other members of the group are not affected by Clearwater Select’s rating assignment.
Clearwater Select is a member of the Odyssey evaluation unit because of its strategic importance to the group, according to A.M. The best press release. The company ensures price flexibility while allowing the group to extend special focus to standard commercial risks. Clearwater Select also provides internal reinsurance for its subsidiaries and shares common management and operational capabilities.
The Odyssey group ratings reflect bilgex, A.M. It is best categorized as having strong working performance, as strong as a neutral business profile and appropriate corporate risk management.
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