Verdant Rock Receives BBB+ Rating from Fitch, Strengthening Position in Emerging Market Guarantees

Verdant Rock Limited has received a BBB+ Long-Term Insurer Financial Strength Rating with a Stable Outlook from Fitch Ratings, effective 12 June 2026. Combined with a Class 3B Insurer license from the Bermuda Monetary Authority (BMA) effective 6 May 2026, the company is well-positioned to extend financial guarantees on bonds and loans in emerging markets for beneficiaries globally. The company provides irrevocable, unconditional, on-demand financial guarantees 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. Bonds and loans issued by emerging market corporations and banks, structured financings, asset-backed (ABS) and mortgage-backed (MBS) exposures in securities or loan format, and project finance are all within the company's remit. This niche has been systematically underserved over the past decade, according to Tolga Uzuner, Co-Founder and Chief Executive Officer of Verdant Rock Limited. He stated, "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 "Verdant Rock" at https://www.bma.bm/regulated-entities. This rating and regulatory approval enhance the company's credibility and ability to offer financial guarantees that meet stringent regulatory standards for credit protection.

Verdant Rock Limited is a Bermuda-based insurance company regulated by the BMA, providing Basel III and Solvency II compliant financial guarantees in emerging markets. The company aims to fill a gap in the market where issuers and investors have struggled to find reliable, long-term credit enhancement solutions. By offering investment-grade guarantees, Verdant Rock enables emerging market entities to access capital on more favorable terms, potentially stimulating economic development and infrastructure investment in these regions.