Bermuda Sovereign Downgrade Does Not Affect Bermudian (Re)Insurers: S&P

Standard & Poor’s Ratings Services Made clear that despite its April 28 rating action on Bermuda, “its counterparty credit and financial strength ratings on all Bermuda-based (re)insurance companies are unchanged.” S&P noted that it currently rates many (re)insurers in Bermuda …

The article Bermuda Sovereign Downgrade Does Not Affect Bermudian (Re)Insurers: S&P appeared first on Insurance Journal.

from Insurance Journal » News