Best Raises Rating On AXIS To A

NU Online News Service, March 11, 12:35 p.m. EST – Oldwick, N.J., based A.M. Best Co. said it has raised the financial strength rating of Bermuda-based AXIS Specialty Ltd. and its operating affiliates. to "A" (excellent) from "A-minus" (excellent) The rating outlook is stable, the rating service added.

Best said the action reflected "the company's superior operating results in its first year of operation."

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