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.
As AI Agents Go Rogue, Cyber Insurers Are Adapting Their Policies 
World Inches Toward Catastrophic Climate Events: ‘Bigger Shocks Are On the Way’ 
OpenAI Report Says Its Network Was Hacked by Its Own Rogue AI Agents 
Buc-ee’s Faces Backlash in Ohio Over Logo Lawsuit With Mini Mart From This Issue
