AM Best Assigns 'a+' Credit Rating to Helvetia Swiss Insurance

AM Best has awarded a Financial Strength Rating of "A" (Excellent) and a Long-Term Issuer Credit Rating of "a+" (Excellent) to Helvetia Swiss Insurance Company Ltd, with a stable outlook for both ratings. AM Best's evaluation highlights the strong balance sheet of Helvetia, supported by robust risk-adjusted capitalization and prudent capital management. Additionally, Helvetia benefits from a conservative investment portfolio and careful reserve practices.

The rating agency also acknowledges Helvetia's excellent financial flexibility, strong operating performance, and well-diversified business model. Annelis Lüscher Hämmerli, Group CFO, notes that the rating affirms the company's resilience and diversified business operations, enhancing its international specialty business.