A.M. Best Comments on Ratings of Sirius International Insurance Corporation and Fund American Reinsurance Company.Business Editors OLDWICK, N.J.--(BUSINESS WIRE)--April 16, 2004 A.M. Best Co. has commented that the financial strength ratings of A (Excellent) of Sirius International Insurance Corporation (Sirius International) (Stockholm, Sweden) and its U.S. subsidiary, Sirius America Insurance Company (Sirius America) (Dover, DE) remain under review with developing implications. This follows the announcement by White Mountains Insurance Group White Mountains Insurance Group is a holding company with business interests in property and casualty insurance, and reinsurance. The group owns the direct marketing insurer Esurance. External links
Noun 1. ABB - an urban hit squad and guerrilla group of the Communist Party in the Philippines; formed in the 1980s Ltd. A.M. Best intends to resolve the under review status by April 20, 2004, and expects to most likely affirm the ratings on both entities at the current level. The financial strength rating of A- (Excellent) of Fund American Reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. Company Ltd (FARe) (Hamilton Hamilton, city, Bermuda Hamilton, city (1990 est. pop. 3,100), capital of Bermuda, on Bermuda Island. It is a port at the head of Great Sound, a huge lagoon and deepwater harbor protected by coral reefs. , Bermuda), which is ultimately owned by White Mountains White Mountains, part of the Appalachian system, N N.H. and SW Maine, rising to 6,288 ft (1,917 m) at Mt. Washington in the Presidential Range and to 5,249 ft (1,600 m) at Mt. Lafayette in the Franconia Mountains. Crawford Notch separates these two main groups. , is likely to remain under review pending further detailed analysis of its integration with Sirius International. 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 www.ambest.com. |
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