OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of Third Point Reinsurance Company Ltd. (TPRCL) (Bermuda) and Third Point Reinsurance (USA) Ltd. (TPRUSA) (Bermuda). A.M. Best also has affirmed the Long-Term ICRs of “bbb-” of Third Point Re (USA) Holdings, Inc. (TP USA) (Wilmington, DE) and its ultimate holding company, Third Point Reinsurance Ltd.(TP Re) (Bermuda) [NYSE:TPRE]. Concurrently, A.M. Best also has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “bbb-” on the $115 million 7% fixed senior unsecured notes due 2025 of TP USA. The outlook of these Credit Ratings (ratings) is stable.
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