A.M. Best Company has upgraded the financial strength rating of Catlin Specialty Insurance Company Inc. to "A" (Excellent) from "A-minus" and given a rating of "A" (Excellent) to Catlin Insurance Company Inc.

Both companies are part of Catlin U.S., the Bermuda-based Catlin Group's U.S.-based underwriting platform.

Stephen Catlin, chief executive of Catlin Group Limited, said, "A.M. Best's affirmation of the companies' financial strength is a key step in the continuing development of Catlin U.S."

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