Quest Insurance

About Quest Insurance Group Limited

Quest Insurance Group Limited is a 100% owned subsidiary of Geneva Finance Limited.

Financial Strength

Quest Insurance Group Limited has been issued a Financial Strength Rating of B (Fair) and an Issuer’s Credit Rating of bb+ (Fair), with the outlook on both ratings assigned to ‘Stable’. These ratings were issued by A.M. Best on 30^th April 2020.

A.M. Best’s Ratings Scales

A.M. Best’s Financial Strength Rating (FSR) Scale
Rating Categories	Rating Symbols	Rating Notches*
Superior	A+	A++
Excellent	A	A-
Good	B+	B++
Fair	B	B-
Marginal	C+	C++
Weak	C	C-
Poor	D	–

* Each A.M. Best’s Financial Strength Rating Category from “A+” to “C” includes a Rating Notch to reflect a gradation of financial strength within the category. A Rating Notch is expressed with either a second plus “+” or a minus “-“.

A.M. Best’s Long-Term Issuer Credit Rating (ICR) Scale
Rating Categories	Rating Symbols	Rating Notches*
Exceptional	aaa	–
Superior	aa	aa+ / aa-
Excellent	a	a+ / a-
Good	bbb	bbb+ / bbb-
Fair	bb	bb+ / bb-
Marginal	b	b+ / b-
Weak	ccc	ccc+ / ccc-
Very Weak	cc	–
Poor	c	–

* A.M. Best’s Long-Term Issuer Credit Rating Categories from “aa” to “ccc” include Rating Notches to reflect a gradation within the category to indicate whether credit quality is near the top or bottom of a particular Rating Category. Rating Notches are expressed with either a “+” (plus) or “-” (minus).

The Ratings Scales above are in summary form only. A full description can be obtained from the A.M. Best website.

Quest Solvency Margins as at 30^th September 2020

	NON-LIFE	LIFE	TOTAL
Actual Solvency Capital	$4,749,756	$1,541,748	$6,291,504
Minimum Solvency Capital Requirement	$4,216,941	$70,652	$5,000,000
Solvency Margin	$532,815	$1,471,096	$1,291,504
Solvency Coverage Ratio	113%	2182%	126%