News
Westcor secures AM Best ‘A-‘ rating, boosting Grid151 title reinsurance programme
Title insurance is an indemnity coverage that protects lenders and property owners from financial losses resulting from defects or disputes related to the title or legal ownership of a property.
Grid151 fronting carrier gets AM Best rating
Grid151, a program manager specialising in title reinsurance for real estate focused captive owners, has announced that its fronting carrier partner, Westcor Land Title Insurance Company (Westcor), has been assigned an A- financial strength rating and a long-term issuer credit rating of “a-” by AM Best. The outlook assigned to these credit ratings is stable.
AM Best assigns A- rating to Grid151 fronting carrier Westcor
Grid151’s fronting carrier Westcor Land Title Insurance Company (Westcor), has been assigned an A- (excellent) financial strength rating and a long-term issuer credit rating of “a-” (excellent) by AM Best. The outlook assigned to the ratings is stable.
