A.M. Best Downgrades Ratings of Brit Insurance Limited; Places Under Review with Negative Implications
June 18, 2012
SUMMARY:
Best Europe– Rating Services Limited has downgraded the financial strength rating to B++ from A- and the issuer credit rating to“ bbb+” from“ a-” of Brit Insurance Limited. A.M. Best has also commented that the ICR of“ bbb” of Brit Insurance Holdings B.V., the ultimate parent of the Brit Insurance group of companies, remains under review with negative implications.
The full article is available at AnnuityNews.Com.
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