A.M. Best Assigns Debt Ratings to QBE Insurance Group Limited.OLDWICK, N.J. -- A.M. Best Co. has assigned a rating of "bbb+" to the proposed GBP GBP In currencies, this is the abbreviation for the British Pound. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 175 million senior notes due 2009 to be issued by QBE Insurance QBE Insurance Group Limited ASX: QBE is an Australian based general insurance provider, providing insurance services mainly to the Asia Pacific region, but also America and Europe. It has offices in 44 countries. Group Limited (QBE (Query By Example) A method for describing a database query originally developed by IBM for mainframes. A replica of an empty record is displayed and the search conditions are typed in under their respective columns (fields). ) (Australia). QBE is the non-operating holding company for the QBE group. At the same time, a rating of "bbb+" has been assigned to the 20-year zero coupon senior convertible securities issued by QBE Funding Trust III Limited and guaranteed by QBE. The issue matures in 2024. This issue raised USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 375 million or approximately AUD AUD In currencies, this is the abbreviation for the Australian Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 530 million net funds after expenses. The outlook for both ratings is stable. For a list of A.M. Best's debt ratings, please visit http://www.ambest.com/debt. For current Best's ratings, independent data and analysis on more than 3,000 individual property/casualty companies, groups and industry composites, please visit http://www.ambest.com/pc. A.M. Best Co., established in 1899, is the world's oldest and most authoritative insurance rating and information source. For more information, visit A.M. Best's Web site at http://www.ambest.com. |
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