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For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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AM Best Affirms Credit Ratings of Brit Reinsurance (Bermuda) Limited

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Brit Reinsurance (Bermuda) Limited (Brit Re) (Bermuda). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect Brit Re’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). The ratings also benefit from the implicit and explicit support of its intermediate parent, Brit Limited (Brit), and its ultimate parent, Fairfax Financial Holdings Limited (Fairfax) [TSX: FFH].

Brit Re, which is domiciled in Bermuda, acts primarily as an internal reinsurer for its affiliates, Lloyd’s Syndicate 2987 and Brit UW Limited. In 2024, Brit Re put in place a new growth strategy focusing on third-party business outside of Brit Group, to expand its property/casualty and specialty (re)insurance lines. The company continues to derive most of its premium from a quota share contract with Syndicate 2987.

Brit Re’s very strong balance sheet strength is supported by historically profitable underwriting results and manageable premium growth. Liquidity measures are sound and supported by short-term, liquid holdings that are predominantly high-quality fixed income securities and cash.

While the company’s risk-adjusted capitalization is maintained consistently at the strongest level, as measured by Best’s Capital Adequacy Ratio (BCAR), the overall balance sheet assessment of very strong also considers Brit Re’s material catastrophe exposure stemming from its Syndicate 2987 business and the limited fungibility of some of its invested assets, which support Lloyd’s operations. A significant portion of Brit Re’s assets is pledged as collateral for a stop-loss contract written to provide Funds at Lloyd’s (FAL) for Brit. The very strong balance sheet assessment also reflects that capital growth is constrained by sizable dividend payments made by Brit Re to its intermediate parent within the Fairfax group. AM Best sees the combination of significant growth in Brit Re’s third-party business, if coupled with continued significant annual dividend payouts, as having the potential to reduce Brit Re’s risk-adjusted capitalization, as measured by BCAR. Nevertheless, AM Best expects Brit Re’s risk-adjusted capitalization to remain supportive of the overall very strong balance sheet strength assessment.

AM Best assesses Brit Re’s operating performance as adequate, largely based on the performance of its all-lines quota share on business written by Syndicate 2987, of which Brit Re assumes a 20% share of net premiums written. The variability of the results of the syndicate business has been offset by the profitability of the FAL stop-loss contract. Underwriting performance also benefits from Brit Re’s very low expense structure, which benefits from economies of scale of Brit, its parent company. Total investment returns have been variable over the past five years, with unrealized gains and losses impacted by the company’s longer-term, value-oriented equity portfolio and change in interest rate environment. In 2023, underwriting results were favorably helped by premium rate increases, the lack of shock losses and lower attritional losses from the whole account quota share with Syndicate 2987, and gains from its fixed investment portfolio. In the first nine months of 2024, Brit Re’s underwriting and investment results remained profitable.

AM Best assesses Brit Re’s business profile as limited given the company’s concentrated business production, and the company’s ERM practices as appropriate due to the governance structure in place.

The company benefits from being part of Fairfax, which maintains favorable financial flexibility, a strong liquidity position and a track record of supporting its (re)insurance subsidiaries. Therefore, Fairfax provides rating enhancement to Brit Re based on the implicit and explicit support Brit Re receives from its intermediate parent, in the form of capital support, business distribution channels and overall operational integration.

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2024 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

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