Best Withdraws Danish Re Lloyd’s Syndicate Ratings
A.M. Best Co. announced that it has withdrawn the Best’s Syndicate Rating of “A-” (Excellent) of Lloyd’s Syndicate 1400, which is managed by Danish Re Syndicates Ltd., and assigned it an NR-4 (Company Request) rating.
Trident II, L.P., a $1.4 billion private equity fund managed by Marsh Inc.’s subsidiary MMC Capital, made a $200 million private equity investment in Danish Re in January 2002.
Popular Today
- Insurers Get Green Light to Pay Less Than Billed Charges in Florida PIP Cases
- New Vehicle Registrations in California Rose, While Tesla Registrations Dropped Again
- Chubb CEO Greenberg: Some Financial Lines Underwriting Practices ‘Simply Dumb’
- Florida’s Home Insurance Industry May Be Worse Than Anyone Realizes
Popular This Month