A.M. Best Europe – Rating Services Limited has revised the outlook to negative from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Kuwait Reinsurance Company K.S.C. (Closed). Best said the …
A.M. Best Co. has assigned a debt rating of “bbb” to the $325 million 7.25 percent Series E cumulative preferred shares of Bermuda-base PartnerRe, Ltd. ,with a stable outlook. The proceeds from the issuance will be used by PartnerRe for …
A.M. Best Europe – Rating Services Limited has commented that the ratings for the UK’s Aviva plc and its subsidiary companies remain unchanged as a result of Aviva’s announcement to sell a portion of its holding in the Netherlands-based Delta …
Standard & Poor’s Ratings Services has placed its ‘B- (sf)’ rating on Montana Re Ltd.’s Class E notes on CreditWatch with negative implications. The notes, totaling $210 million, were originally placed at the end of December 2010 by Flagstone Re. …
