AM Best Affirms Credit Ratings of Wilton Re Ltd. and Its Subsidiaries

OLDWICK, N.J., August 31, 2023—AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the life/health subsidiaries of Wilton Re Ltd. (Nova Scotia, Canada), collectively known as Wilton Re. AM Best also has affirmed the Long-Term ICRs of “a-” (Excellent) of Wilton Re Ltd. (Nova Scotia, Canada) and Wilton Re Finance LLC (Wilton Re Finance) (Delaware). Concurrently, AM Best has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “a-” (Excellent) on the $300 million, 5.875% senior unsecured notes, due 2033, of Wilton Re Finance LLC. The notes are unconditionally guaranteed by the parent company, Wilton Re Ltd. The outlook of these Credit Ratings (ratings) is stable. In addition, AM Best maintains the under review with negative implications status for the FSR of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of ivari (Toronto, Ontario, Canada).

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