A.M. Best Places Rating of AXA Corporate Solutions Insurance Company Under Review.OLDWICK, N.J. -- A.M. Best Co. has placed the financial strength rating of A- (Excellent) of AXA AXA Anguilla, Anguilla (Airport Code) AXA Alpha Chi Alpha AXA Animal Crossing Ahead (online forum community/guide to the game Animal Crossing) AXA Auxiliary Artery Corporate Solutions Insurance Company (New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ) under review with negative implications. This rating action is based on A.M. Best's view that AXA Corporate Solutions Insurance Company is no longer a core subsidiary of the AXA Re Group which, as announced by the company in 2003, is simplifying its corporate organization. AXA Corporate Solutions Insurance Company will therefore no longer benefit from AXA Re's group rating. However, A.M. Best is currently reviewing the company's future role and commitment and support available to the company, including a guarantee agreement. A.M. Best expects to complete its analysis of the changes at AXA Re Group at the end of the third quarter of 2004. 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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