Press Release|Insurance
View PDF

KBRA Withdraws Rating on Alpha International Life Assurance Company (Guernsey) Ltd.

18 Jun 2026   |   New York

Contacts

KBRA withdraws the Insurance Financial Strength Rating (IFSR) of BBB- on Alpha International Life Assurance Company (Guernsey), Ltd. (AILAC). Prior to the withdrawal, the rating Outlook was Negative.

Key Credit Considerations

The withdrawal reflects KBRA’s inability to conduct adequate surveillance of the rating due to insufficient information. Key factors include the absence of current audited financial statements and regulatory filings, unresolved questions regarding AILAC’s business profile, incomplete diligence responses, and a lack of reliable evidence that management has executed against previously provided business plans.

To access ratings and relevant documents, click here.

Recent Publications

Methodology

Disclosures

A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here.

Information on the meaning of each rating category can be located here.

Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com.

About KBRA

Kroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan’s Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S.

Doc ID: 1015568