AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating (FSR) to A++ (Superior) from A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to 'aa+' (Superior) from 'aa-' (Superior) of
In addition, AM Best has removed from under review with positive implications and upgraded the Long-Term ICRs and the Long-Term Issue Credit Ratings (Long-Term IRs) to 'a+' (Excellent) from 'a-' (Excellent) of
Concurrently, AM Best has removed from under review with positive implications and upgraded the FSR to A++ (Superior) from A+ (Superior) and the Long-Term ICRs to 'aa+' (Superior) from 'aa-' (Superior) of
At the same time, AM Best has removed from under review with positive implications and upgraded the Long-Term ICR to 'a+' (Excellent) from 'a' (Excellent) and affirmed the FSR of A (Excellent) of
The outlook assigned to these Credit Ratings (ratings) is stable. (Please see below for a detailed listing of the companies and ratings.)
The ratings of TransRe,
The ratings of TransRe reflect its balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, very favorable business profile, appropriate enterprise risk management (ERM), as well as implicit and explicit support provided by
The ratings of RSUI reflect the group's balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favorable business profile and appropriate ERM, as well as implicit and explicit support provided by
The ratings of
The FSR has been removed from under review with positive implications and upgraded to A++ (Superior) from A+ (Superior) and the Long-Term ICRs removed from under review with positive implications and upgraded to 'aa+' (Superior) from 'aa-' (Superior), each with an assigned outlook of stable, for
Fair
The FSR has been removed from under review with positive implications and upgraded to A++ (Superior) from A+ (Superior) and the Long-Term ICRs removed from under review with positive implications and upgraded to 'aa+' (Superior) from 'aa-' (Superior), each with an assigned outlook of stable, for the following members of
The FSR of A (Excellent) has been removed from under review with positive implications and affirmed, and the Long-Term ICRs removed from under review with positive implication and upgraded to 'a+' (Excellent) from 'a' (Excellent), each with an assigned outlook of stable, for the following members of
The following Long-Term IRs have been removed from under review with positive implications, upgraded and assigned stable outlooks:
to 'a+' (Excellent) from 'a-' (Excellent) on
to 'a+' (Excellent) from 'a-' (Excellent) on
This press release relates to Credit Ratings that have been published on AM 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 AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments.
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