The “A+” financial strength rating (FSR) of Everest Reinsurance Co. and its four insurance affiliates was affirmed by A.M. Best following completion of the group’s restructuring plan. The other affected companies are Everest National Insurance Co., Everest Indemnity Insurance Co., Everest Insurance Co. of Canada and Southeastern Security Insurance Co. Concurrently, the rating was extended to new group affiliate Everest Reinsurance (Bermuda) Ltd., and the “a” senior debt rating of the unsecured debt obligations issued by Everest Reinsurance Holdings Inc. was affirmed.
Was this article valuable?
Here are more articles you may enjoy.
Florida’s Ailing $6 Billion Rail Line Has Debt Vultures Circling 
Hedge Funds Make Their Move as Litigation Finance Assets Slump 
Florida Surplus Lines’ HO Premiums Now Average About the Same as Admitted Market 
US Efforts to End Iran War Stumble as Ship Seized Near UAE From This Issue
