A.M. Best Withdraws Ratings of Quadrant Indemnity Company.OLDWICK, N.J. -- A.M. Best Co. has withdrawn the financial strength rating (FSR (Free System Resource) In Windows 3.x, the amount of unused memory in various 64K blocks reserved for managing current applications. Every open window takes some space in this area. See Windows memory limitation. ) of A++ (Superior) and the issuer credit rating (ICR (Intelligent Character Recognition or Image Character Recognition) The machine recognition of hand-printed characters as well as machine printing that is difficult to recognize. ) of "aa+" of Quadrant Indemnity Company (Greenwich, CT). These rating actions reflect the company having been sold by Executive Risk Indemnity Inc., an indirect subsidiary of The Chubb Corporation (Warren, NJ) [NYSE NYSE See: New York Stock Exchange :CB], to Harbor Point Built in 1972, Harbor Point Condominiums is a residential and commercial building in Chicago, Illinois on Lake Michigan. The building has views of both Grant and Millennium Parks and sits on Chicago's Monroe Harbor. U.S. Holdings Inc., a Delaware domiciled holding corporation. Quadrant was sold as a n inactive company at the time of sale. For Best's Ratings, an overview of the rating process and rating methodologies, please visit www.ambest.com/ratings. Founded in 1899, A.M. Best Company is a full-service credit rating organization dedicated to serving the financial services industries, including the banking and insurance sectors. For more information, visit www.ambest.com. |
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