A “BBB+” subordinated debt rating was assigned to the 200 million notes, due 2021, issued on March 16 by If Property & Casualty Insurance Ltd. by S&P, which cited I strong financial security characteristics and the deep subordination of the notes as key rating factors. If was established by Storebrand of Norway and Skandia of Sweden.
Was this article valuable?
Here are more articles you may enjoy.
Tennessee Approves Smallest Drop in Workers’ Compensation Costs in Years 
Axios Software Tool Used by Millions Compromised in Hack 
Taylor Swift Sued for Trademark Infringement Over ‘Life of a Showgirl’ 
New York Restaurateur Charged In No-Fault Auto Insurance Fraud Scheme From This Issue
