A.M. Best Downgrades Am Re Over Reserve Charge
NU Online News Service, Feb. 17, 3:54 p.m. EST?A.M. Best Co. said it has downgraded various ratings of American Re Corporation Group over concerns about the company's announcement of a $180 million reserve strengthening [@@]
The downgrades by the Oldwick, N.J.-based rating agency impact financial strength ratings of American Re's major business units, which have been cut to "A" from "A-plus."
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
