AzRe Reinsurance, OJSC

BestLink

AMB #: 093787

Mailing Address
6 Bakikhanov str, Bridge Plaza
Baku, AZ 1065,

Azerbaijan

Web: www.azre.az

Phone: +994 12 404 50 51

Fax: + 994 12 404 50 52

View Additional Address Information

Domiciliary Address
22 Nejafgulu Rafiyev Street
Baku, AZ 1025,
Azerbaijan

AM Best Rating Unit: AMB #: 093707 - AzRe Reinsurance, OJSC

Assigned to insurance companies that have, in our opinion, a good ability to meet their ongoing insurance obligations.

View additional news, reports and products for this company.

Based on AM Best's analysis, 093787 - AzRe Reinsurance, OJSC is the AMB Ultimate Parent and identifies the topmost entity of the corporate structure. View a list of operating insurance entities in this structure.

Best's Credit Ratings

Financial Strength View Definition

Rating (Rating Category):	B++ (Good)
Outlook (or Implication):	Stable
Action:	Upgraded
Effective Date:	November 27, 2024
Initial Rating Date:	October 17, 2014

Long-Term Issuer Credit View Definition

Rating (Rating Category):	bbb (Good)
Outlook (or Implication):	Stable
Action:	Upgraded
Effective Date:	November 27, 2024
Initial Rating Date:	October 17, 2014

Financial Size Category View Definition

Financial Size Category:

VII (USD 50 Million to Less than 100 Million)

u Denotes Under Review Best's Rating

Best's Credit Rating Analyst

Rating Office: A.M. Best Europe - Rating Services Ltd.

Senior Financial Analyst: Stanislav Stoev, ACCA, CFA

Senior Director-Analytics: Ghislain Le Cam, CFA

Note: See the Disclosure information Form or Press Release below for the office and analyst at the time of the rating event.

Note: Credit Ratings on this company are European Union Endorsed

Disclosure Information

Disclosure Information Form
View AM Best's Rating Disclosure Form

Press Release
AM Best Upgrades Credit Ratings of AzRe Reinsurance, OJSC
November 27, 2024

Rating History

A.M. Best has provided ratings & analysis on this company since 2014.

Financial Strength Rating

Effective Date	Rating
November 27, 2024	B++
November 22, 2023	B+
December 07, 2022	B+
December 10, 2021	B+
December 04, 2020	B+

Long-Term Issuer Credit Rating

Effective Date	Rating
November 27, 2024	bbb
November 22, 2023	bbb-
December 07, 2022	bbb-
December 10, 2021	bbb-
December 04, 2020	bbb-

Related Financial and Analytical Data

The following links provide access to related data records that AM Best utilizes to provide financial and analytical data on a consolidated or branch basis.

AMB #	Company Name	Company Description
093707	AzRe Reinsurance, OJSC (C) Rating Unit	Represents the "as filed" Company Consolidated financials for the Composite business of this legal entity.

Best's Credit & Financial Reports

Best's Credit Report - financial data included in Best's Credit Report reflects the data used in determining the current credit rating(s) for AM Best Rating Unit: AMB #: 093707 - AzRe Reinsurance, OJSC.

Best's Credit Report - Archive - reports which were released prior to the current Best's Credit Report.

Best's Financial Report - financial data included in Best's Financial Report reflects the most current data available to AM Best, including updated financial exhibits and additional company information, and is available to subscribers of Best's Insurance Reports.

Best's Financial Report - Archive - reports which were released prior to the current Best's Financial Report.

View additional news, reports and products for this company.

Press Releases

Date	Title


Nov 27, 2024	AM Best Upgrades Credit Ratings of AzRe Reinsurance, OJSC
Nov 22, 2023	AM Best Affirms Credit Ratings of AzRe Reinsurance, OJSC
Dec 10, 2021	AM Best Revises Outlooks to Stable for AzRe Reinsurance, OJSC; Affirms Credit Ratings
Dec 04, 2020	AM Best Affirms Credit Ratings of AzRe Reinsurance, OJSC
Nov 22, 2019	AM Best Revises Outlooks to Positive for AzRe Reinsurance, OJSC
Dec 13, 2018	AM Best Affirms Credit Ratings of AzRe Reinsurance, OJSC
Feb 09, 2018	A.M. Best Affirms Credit Ratings of AzRe Reinsurance, OJSC
Oct 21, 2016	A.M. Best Affirms Credit Ratings of AzRe Reinsurance, OJSC
Oct 16, 2015	A.M. Best Affirms Ratings of AzRe Reinsurance, OJSC
Oct 17, 2014	A.M. Best Assigns Ratings to AzRe Reinsurance, OJSC

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