The title of the May 14th article concerning Standard & Poor’s removal of the Lloyd’s market from CreditWatch incorrectly had a dash/minus symbol attached to the ‘A’ rating. This was an error and has been corrected.
As the text of the article confirmed, Lloyd’s is rated single ‘A’ by S&P with neither a plus or a minus. A.M. Best rates Lloyd’s as ‘A-‘ (Excellent), which possibly explains the error.
The IJ would like to thank Akiko Kaji; an alert reader of our website in Japan, for bringing the error to our attention.
Topics Excess Surplus Lloyd's
Was this article valuable?
Here are more articles you may enjoy.
DeSantis Signs Bill Barring Local Worker Heat Protection Measures 
Vintage Ferrari Owners’ Favorite Mechanic Charged With Theft, Fraud 
Soaring Insurance Costs Hit as US Buyers Finally Get a Break on Car Prices 
Pennsylvania Issues Its ‘Expectations’ for Insurance Carriers Regarding Their Use of AI 
