Financial Strength — Nectaris Re Ltd
Financial Strength

Rated A (Excellent) by AM Best

AM Best has affirmed Nectaris Re's Financial Strength Rating of A (Excellent) each year since 2023, citing solid underwriting results for three consecutive years through 2025.


A (Excellent)
AM Best FSR
Stable
Outlook
2026
Latest affirmation
Class 3A
BMA licence

Balance sheet

Capital summary

Illustrative

The figures below are illustrative placeholders pending the filed statement, and are not the audited figures. The Bermuda Monetary Authority publishes Nectaris Re's audited 2025 Class 3A financial statement — see the link below for the authoritative source.

Line itemFY2025 (illustrative)
Total capital & surplusOn file with BMA
Total assetsOn file with BMA
Gross premiums writtenOn file with BMA
Net underwriting resultOn file with BMA
View the audited 2025 Financial Statement (BMA)
Capital markets

Catastrophe bond capacity

In 2026, the Arthur Re Ltd. — Tranquil Re 2026-1 catastrophe bond provided Nectaris Re with an upsized $75 million of US named storm and earthquake protection, priced at the low end of initial guidance — the platform's first catastrophe bond-backed capacity.