AM Best downgrades Inter-Ocean
AM Best has downgraded the financial strength rating to B++ (Very Good) from A- (Excellent) and the issuer credit rating to “bbb” from “a-” for the reinsurance subsidiaries of Inter-Ocean Holdings.
Additionally, AM Best has downgraded the issuer credit rating to “bb” from “bbb-” of Inter-Ocean. Subsequently, Inter-Ocean and its reinsurance subsidiaries ratings will be withdrawn and assigned aOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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