A.M. Best Places Credit Ratings of Sagicor Financial Corporation Limited and Its Subsidiaries Under Review with Negative Implications
The under review with negative implications status is in response to the potential impact on the business profiles, operating performance and risk-based capital metrics of SFC and its subsidiaries following the recent downgrade of the long-term sovereign ratings of
The ratings will remain under review while
The FSR of A- (Excellent) and the Long-Term ICRs of “a-” of the following subsidiaries of
-
Sagicor Life Inc. (St. Michael ,Barbados ) -
Sagicor General Insurance Inc. (Bridgetown, Barbados ) -
Sagicor Life Insurance Company (Austin, TX )
The FSR of B++ (Good) and the Long-Term ICRs of “bbb” of
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings.
Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.
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