THE SYNDICATE RATING
FAIR Oil & Energy Insurance Syndicate is proud to be the first entity of its kind to be rated by a reputable international agency.
On 02.04.2025 A.M. Best upgraded the rating of the Syndicate from FSR B+ & ICR bbb- to the following:
Financial Strength Rating (FSR) B++ (Good) with stable outlook
Issuer Credit Rating (ICR) bbb with stable outlook.
A.M. Best Ratings: FAIR Oil & Energy Insurance Syndicate (FOEIS)
“The ratings upgrades reflect the Syndicate balance sheet strength, which AM Best assesses as strong, as well as strong operating performance, limited business profile and appropriate enterprise risk management.”A.M. Best
