Hurricane losses lead to Rosemont ratings review
A.M. Best has placed the financial strength ratings (FSR) of A- (Excellent) and the issuer credit ratings (ICR) of “a-“ of Goshawk-owned Rosemont Reinsurance under review with negative implications.
These rating actions follow the recent announcements by Rosemont that net losses attributable to Hurricane Katrina are projected to be in the $25 million to $30 million range and that marine energyOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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