Kroll Bond Rating Agency, Inc. (KBRA)

Kroll Bond Rating AgencyKroll Bond Rating Agency, Inc. (KBRA), is a full-service credit rating agency whose mission is to set a standard of excellence and integrity. Established in 2010, KBRA set forth an effort to restore trust in credit ratings by creating new standards for assessing risk and by offering accurate, timely, and transparent ratings.

KBRA provides Insurance Financial Strength Ratings (IFSR) to the traditional re/insurance market as well as alternative risk, including captives and risk retention groups. Our Global Insurer and Insurance Holding Company Rating Methodology can be viewed here (registration is required).

KBRA is a nationally recognized statistical rating organization (NRSRO) by the US Securities and Exchange Commission (SEC) and a Credit Rating Provider (CRP) by the National Association of Insurance Commissioners (NAIC) and is certified as a Credit Rating Agency (CRA) with the European Securities and Markets Authority (ESMA). We serve captives domiciled in all onshore and offshore domiciles as well as most Caribbean islands.

KBRA also provides rating coverage in the following markets:

• Corporates
• Funds
• Structured Finance
• Financial Institutions
• Public Finance
• Financial Guaranty
• Project Finance
• Sovereigns

For additional information on rating coverage, or to view our free of charge research and reports, please visit our website at

KBRA offers the following Rating Services:

• KBRA Published Rating
• KBRA Monitored Unpublished Rating
• KBRA Unpublished Confidential Rating Assessment

KBRA has over 200 employees with offices in New York, Maryland, Pennsylvania, and Dublin, Ireland.

Kroll Bond Rating Agency, Inc., has experience and expertise with the following types of ART programs.

• Single-Parent Captives
• Group Captives
• Risk Retention Groups
• Special Purpose Captives
• Insurance-Linked Securities
• Catastrophe Bonds

Products and Services

Company Contacts

Tina Bukow KBRA

Tina Bukow
Senior Director, Business Development
Phone: (646) 731–2368

Sted Dowd KBRA

Sted Dowd
Senior Director, Business Development
Phone: (646) 731–2479

Carol Pierce-SF

Carol Pierce
Director—Insurance Ratings
Phone: (646) 731–3307

Thought Leadership