positive News

S&P Assigns ‘A’ Rating to Allied World’s Swiss Sub; Outlook Positive

Standard & Poor’s Ratings Services has assigned its ‘A’ financial strength rating to Allied World Assurance Co. AG (AW Switzerland), a newly formed operating subsidiary of Bermuda-based operating company Allied World Assurance Co. Ltd. (Allied World; A/WatchPos/–). The ultimate parent …

Best Revises Montpelier Re Outlook to Positive; Affirms Ratings

A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Bermuda-based Montpelier Reinsurance Ltd. and its wholly owned subsidiary, Montpelier US Insurance …