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.
Progressive Gains as Drivers Shop Around for Auto Insurance—Again 
Trump’s Bond Insurer Tells Judge Shortfall Is ‘Inconceivable’ 
Cargo Owners in Baltimore Disaster Face ‘General Average’ Loss Sharing, MSC Says 
North Carolina Adjuster and Son Charged With Embezzlement in Roof Jobs From This Issue
