StableB++Good
Upgraded from B+ · July 2026
FinancialSummary
Key numbers, independent credit ratings and corporate documents.
Key numbers
Key numbers for June 2025
A snapshot of the company’s capital base, net assets and premium volume.
Paid Up Capital124,964,074
Net Assets364,450,829
Gross Written Premium329,237,785
Figures as at June 2025. Reporting currency to be confirmed.
Credit ratings
Upgraded by two agencies in 2026
In July 2026 AM Best upgraded Worldwide Re’s ratings, followed in August by Pacific Credit Rating (PCR).
StablePositivebbbGood
Upgraded from bbb- · July 2026
StablePA A-
Upgraded from PA BBB · August 2026
Source: company announcement, 3 September 2026. Read the news
Rating history
A steady path upward
From AM Best’s first rating in 2023 to dual upgrades in 2026.
- May 2023
AM Best assigns ratings
B+ (Good) Financial Strength Rating and “bbb-” Long-Term Issuer Credit Rating, outlook stable.
- Jul 2025
Ratings affirmed
Outlook revised to positive, citing enterprise risk management and retrocession improvements.
- Jul 2026
AM Best upgrade
Financial Strength Rating to B++ (Good); Long-Term Issuer Credit Rating to “bbb” (Good).
- Aug 2026
PCR upgrade
Financial Strength Rating raised from PA BBB to PA A-, outlook stable.
2024 performance
Results as reported
Figures cited in AM Best’s July 2025 rating affirmation.
72.7%
Combined ratio
Supported by premium growth, controlled expenses and reserve releases.
31.4%
Return on equity
Reported for the 2024 financial year.
10.5%
Capital growth (CAGR)
Capital base grown through reinvestment of earnings.
Reports & documents
Corporate documents
Rating reports and our Legal Entity Identifier certificate.
LEI Certificate
Legal Entity Identifier
254900M201IJUZCHVY53- Legal nameWorldwide Reinsurance Limited
- Registration statusActive
- Issued on16 January 2024
- Legal jurisdictionGrenada (GD)
- Registered atLagoon Road, St George’s, Grenada
- Issued viaLEI Worldwide