Standard & Poor’s Ratings Services said that its ‘CC’ senior secured debt rating on KAMP RE 2005 Ltd.’s $190 million floating-rate principal-at-risk notes are remaining on CreditWatch with negative implications, where it was placed on Oct. 13, 2005. The notes are due Dec. 14, 2007. S&P credit analyst Gary Martucci said there “have been no significant developments” since the placement.
Standard & Poor’s Ratings Services has assigned its “BBB-” long-term counterparty credit and insurer financial strength ratings and its “ruAA+” Russia national scale rating to Russia-based life and non-life insurer Allianz Insurance JSC (Allianz Russia) with a stable outlook. The ratings “reflect a good level of capitalization and good operating performance,” stated S&P credit analyst David Laxton.
Topics Russia
Was this article valuable?
Here are more articles you may enjoy.
Jury Awards 78-Year-Old Victim $56 Million for Crash Caused by Amazon Delivery Driver 
American Family to Acquire Bowhead Specialty in $1.2B Cash Deal 
CBIZ Brokerage to Be Spun Off, Backed by Private Equity, After $5B Grant Thornton Deal 
Brown & Brown Estimates Cost of Howden-Driven Talent War Could Hit $60M in 2026 
