Best Downgrades Universal Casualty; Other Kingsway Subs under Review
A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘D’ (Poor) from ‘B-‘ (Fair) and issuer credit rating (ICR) to “c” from “bb-” of Universal Casualty Company (UCC). The outlook for both ratings is negative. Best has also …
Best Affirms Flagstone Re’s Ratings; Outlook Revised to Negative
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of Flagstone Reassurance Suisse S.A. and Flagstone Alliance Insurance and Reinsurance PLC, which is based in Limassol, Cyprus. Best also affirmed …
