A.M. Best Places Ratings of Lloyd's Syndicate 1414 Under Review.OLDWICK, N.J. -- A.M. Best Co. has placed the financial strength rating of A+ (Superior) and the issuer credit rating of "aa-" of Lloyd's Syndicate 1414 under review with negative implications. The syndicate is managed by Ascot Ascot (ăs`kət), town, Windsor and Maidenhead, S central England. The famous horse races instituted by Queen Anne in 1711 are held annually in June on Ascot Heath. Ascot remains an important social and fashion event, attended by the royal family. Underwriting Limited (AUL). This action reflects today's downgrade Downgrade A negative change in the rating of a security. Notes: For example, an analyst may downgrade a stock from strong buy to buy, or a bond rating agency may downgrade a bond from AAA to AA. in the ratings of American Home For the American mortgage lender, see . The American Home is a center of intercultural exchange located in Vladimir, Russia. The home is designed to model a typical American suburban home and its main focus is the ESL school that provides lessons for Russian students. Assurance Company, which provides syndicate 1414 with an unconditional guarantee of payment in respect of policyholder liabilities. The American Home ratings are also under review with negative implications. For Best's Ratings Best's rating A rating A.M. Best Co. assigns to insurance companies based on the company's ability to meet its obligations to its policyholders. , an overview of the rating process and rating methodologies, please visit http://www.ambest.com/ratings. 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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