Ratings And Accolades
Ratings

A.M. Best
| Financial Strength Rating |
A- (Excellent) |
| Issuer Credit Rating |
a- |
| Outlook |
Stable |
| Last Update |
December 20, 2012 |
 |
* |
Standard & Poor’s
| Financial Strength Rating |
A- (Strong) |
| Counterparty Credit Rating |
a- |
| Outlook |
Stable |
| Last Update |
November 29, 2012 |
Accolades
2012

The Asset
Triple A – The Asset Asian Awards 2012
In August 2012, multi-media investment publisher, The Asset named Asia Capital Re as the “Insurance Company of the Year” in its annual Triple A Investment Awards. Asia Capital Re was honoured in the Investors of the Year category for having shown “the most initiative and progress in building a sound investing model and operational framework… to generate consistent returns despite difficult markets.”

2011

The Review
Worldwide Reinsurance Awards 2011
In September 2011, Asia Capital Re was named “Reinsurance Company of the Year” at the Worldwide Reinsurance Awards 2011. The judging panel noted that “an enviable depth of knowledge about the markets in which it operates has allowed Asia Capital Reinsurance Group to flourish, and this year’s award is a testament to its success.”

2010
Annual Awards
Singapore Venture Capital & Private Equity Association (SVCA)
In October 2010, Asia Capital Re was named the “Best Performing VC/PE-Backed Company” with 3i Group in the mid-cap category organised by the Singapore Venture Capital & Private Equity Association (SVCA).

2008

Reinsurance
Reinsurance Readers’ Awards 2008
In December 2008, readers of Reinsurance magazine voted Asia Capital Re as the “Newcomer of the Year” in the Reinsurance Readers’ Awards 2008 and said that Asia Capital Re would be “in a great position for 2009”.
2007

The Review
Worldwide Reinsurance Awards 2007
In September 2007, The Review named Asia Capital Re as "Company Launch Of The Year" in its 14th Worldwide Reinsurance Awards 2007 and said that Asia Capital Re "is now a major force in this (Asian) region" and "has been an enormously successful capital-raising exercise" with "an excellent business plan and very good securities."
2006

The Asset
Triple A – The Asset Asian Awards 2006
In December 2006, The Asset Magazine named Asia Capital Re's US$620 million private placement as the 'Most Innovative Deal – Equity' in its annual Triple A House & Deal Awards and said that "the transaction is the largest ever start-up private placement in Asia, marking a ground-breaking development in the reinsurance industry in the region."

*Information on the most current S&P rating is available at www.standardandpoors.com or from Standard & Poor’s at (212) 438-2400. Ratings are not a guarantee of an insurer’s financial strength nor a recommendation as to the insurer.