AM Best has assigned an initial financial strength rating of B++ (very good) to Through Transport Mutual Insurance Association (EurAsia), the London-based subsidiary of Through Transport Mutual Insurance Association, Bermuda.

Collectively the two companies trade as the TT Club.

AM Best said the outlook was stable.

The rating reflected the company's excellent risk-based capitalisation, very good business profile and solid financial performance, said AM Best.

The ratings agency said it regarded TT EurAsia as a core subsidiary of TT Bermuda.

An offsetting factor in the rating was TT EurAsia's high reliance on reinsurance coverage.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

Topics