Verdant Rock Limited has received a BBB+ Long-Term Insurer Financial Strength Rating with a Stable Outlook from Fitch Ratings, effective 12 June 2026. The rating, coupled with the company's Class 3B Insurer license from the Bermuda Monetary Authority (BMA) granted on 6 May 2026, enables Verdant Rock to extend irrevocable, unconditional, on-demand financial guarantees on bonds and loans in emerging markets for beneficiaries worldwide. The guarantees are designed to qualify as eligible credit protection under Basel and major insurance solvency regimes.
Verdant Rock focuses on private liabilities and does not cover sovereigns, municipalities, or provinces. Its remit includes bonds and loans issued by emerging market corporations and banks, structured financings, asset-backed securities (ABS) and mortgage-backed securities (MBS) in securities or loan format, and project finance. According to Co-Founder and CEO Tolga Uzuner, 'The infrastructure and capital markets we are targeting have been systematically underserved over the past decade. Verdant Rock enters this space with an investment grade rating, a strong capital position, the regulatory standing, the technical capability, and the long-term commitment that issuers and their advisers have been unable to find elsewhere.'
The Fitch ratings report can be accessed here. Verdant Rock's Class 3B registration can be verified via the BMA's register of regulated entities by searching for 'Verdant Rock' at the BMA website: https://www.bma.bm/regulated-entities.
This announcement is for information only and does not constitute an offer or solicitation to buy or sell any security, insurance product, or financial guarantee. It is not for distribution in any jurisdiction where such distribution would be unlawful. Forward-looking statements are not guarantees of future results, and Verdant Rock undertakes no obligation to update them. A credit rating is not a recommendation to buy, sell, or hold any security and may be subject to revision, suspension, or withdrawal at any time by the assigning rating agency.
