Topiary Capital News

A.M. Best Co. has upgraded the issuer credit rating (ICR) to “bbb+” from “bbb” and affirmed the financial strength rating (FSR) of’ B++’ (Good) of Bermuda-based Elwood Insurance Limited, and has revised its outlook for the ICR to stable from …

A.M. Best Co. has placed under review with developing implications the debt rating of “bb+” on $200 million Series 2008-1 Class A principal at-risk variable rate notes due August 5, 2011, issued by Topiary Capital Limited, which is based in …