The ‘AAA’ counterparty credit and financial strength ratings on Monumental General Casualty Company was affirmed by S&P. Pending a review of Monumental’s strategic position with the Aegon USA group of insurance companies, the ratings were placed on CreditWatch with negative implications.
In a separate rating action, the ‘AAA’ counterparty credit and insurer financial strength ratings on Aegon Levensverzekering N.V. and Aegon Schadeverzekering N.V. were affirmed by S&P.
Was this article valuable?
Here are more articles you may enjoy.
Florida Agents Appointed With Citizens Drops as Carrier Competition Grows
Hellman & Friedman Explores Sale of Applied Systems at Up to $10B, Sources Say
Another Crane, Then Another, Collapses Onto Home in Fort Lauderdale
Zurich Insurance Completes Acquisition of Beazley, Names New Beazley CEO 


