A “BBB+” subordinated debt rating was assigned to the 200 million notes, due 2021, issued on March 16 by If Property & Casualty Insurance Ltd. by S&P, which cited I strong financial security characteristics and the deep subordination of the notes as key rating factors. If was established by Storebrand of Norway and Skandia of Sweden.
Was this article valuable?
Here are more articles you may enjoy.
A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch 
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
Nine-Month 2025 Results Show P/C Underwriting Gain Skyrocketed 
Portugal Deadly Floods Force Evacuations, Collapse Main Highway From This Issue
