The counterparty credit and insurer financial strength ratings on Sirius International Insurance Corporation were upgraded by S&P from “A+” to “AA-.” The rating outlook is stable. Concurrently, S&P lowered the counterparty credit and insurer financial strength ratings on Kemper Europe Reassurances S.A. (Kemper) to “BBB” from “A-.” The downgrade followed the Dec. 1, 1999, acquisition of Kemper by Sirius from Employers Reinsurance Corp.
Was this article valuable?
Here are more articles you may enjoy.
Amazon Sued Over ‘Punitive’ Handling of Employee Absences 
Viewpoint: Beware the Rise in Unproven ‘Brittleness Test’ for Roof Shingle Claims 
NTSB to Decide Probable Cause of Baltimore’s Key Bridge Collapse This Week 
Five Reasons Why the US Escaped a Hurricane Landfall So Far This Year From This Issue
