Virginia Surety Lowered

October 30, 2000

The FSR on Virginia Surety Co. Inc. was lowered from “Api” to “BBBpi” by S&P, which cited weakening capitalization and deteriorating profitability as major rating factors. Virginia Surety, licensed throughout the U.S., is a subsidiary of the Aon Corp. In addition, it owns a 22 percent interest in the brokerage firm RBH Europe Inc. and 100 percent of the property/casualty company Virginia Surety Co. Inc. of Buenos Aires.

Was this article valuable?

Here are more articles you may enjoy.

From This Issue

Insurance Journal West October 30, 2000
October 30, 2000
Insurance Journal West Magazine

Aging Workforce Ripe for Age Discrimination – Scary E&O Stories