S&P rates Flatiron Re
Standard & Poor's Ratings Services has assigned a 'BBB-' counterparty credit rating to Flatiron Re and its 'BB+' senior secured debt rating to Flatiron Re's $256m term loan facility. S&P also said that the outlook on Flatiron Re is stable.
Flatiron Re is a limited-life, special-purpose Class 3 reinsurance company domiciled in Bermuda and set up specifically to offer reinsurance to Arch Reinsurance.
"The ratings on Flatiron Re are based
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