AM Best has affirmed Guild Insurance Limited Australia’s A- financial strength and a- long-term issuer credit ratings.

“The [excellent] ratings reflect GIL’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management,” the ratings agency said.

According to AM Best, Guild recorded improved results in fiscal 2025, with a combined operating ratio of 89.5%.

“This follows a series of management actions implemented during the fiscal year. AM Best views GIL’s operating performance as adequate, with the company reporting positive earnings in most of the last five years ... and for the first half of fiscal year 2026.”

Last month, the niche underwriter said it would fast-track growth after EML acquired a majority stake in it.