The “AA” counterparty credit rating and FSR on Transatlantic Reinsurance Co. (TRC) and its core subsidiaries, Putnam Reinsurance Co. and Trans Re Zurich, were affirmed by S&P. Key rating factors include TRC’s very strong operating performance, extremely strong capitalization and very strong business franchise. Those positive factors were offset by competitive market conditions and declining operating margins. The outlook is stable.
Was this article valuable?
Here are more articles you may enjoy.
Maryland Announces $2.5 Billion Settlement Over Baltimore Bridge Collapse 
South Florida Police Officers Sue Actors, Say Details in ‘The Rip’ Are Too Real 
The Big Dog Is Off the Tech Porch: State Farm as ‘Next Gen Good Neighbor’ 
Florida Governor Signs Bill Dropping Building Permits for Work Valued at $7,500 or Less From This Issue
