AM Best Releases Revised Criteria Procedure: ‘Rating Captives andOther Alternative Risk Transfer Entities’

OLDWICK — AM Best has released its revised criteria procedure “Rating Captives and Other Alternative Risk Transfer Entities,” (formerly known as “Alternative Risk Transfer”) which is effective immediately. AM Best initiated a Call for Comment (CFC) related to this criteria procedure on Dec. 2, 2024 and the comment period closed on Feb. 20, 2025. In the…