AM Best: "Smooth" Solvency II transition will help Lloyd's
AM Best has affirmed the financial strength rating of A (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s and Lloyd’s Insurance Company (China).
At the same time, AM Best has affirmed the ICR of "a" and the debt ratings of "a-" on the subordinated loan notes issued in two tranches in November 2004 (6.875% subordinated notes of £300m maturing
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