Irish insurer's rating questioned
A.M. Best has placed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of Quanta Europe Ltd (Quanta Europe) (Dublin, Ireland) under review with negative implications following similar rating actions on Quanta Reinsurance.
(Quanta Re) (Hamilton, Bermuda), the main operating company of the group.Quanta Europe’s prospective capitalisation is strongly dependent on an explicit 65% quota share agreement from Quanta Re, while
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