NU Online News Service, Dec, 29, 11:39 a.m.EST
A.M. Best Co. has placed Clarendon Insurance Group and itsmember companies under review with negative implications.
The Oldwick, N.J.-based insurance rating service has placed the"A-minus (Excellent)" financial strength rating under review afterthe insurer announced that its parent company, Hannover Re, plannedto sell the operating companies of Clarendon to Enstar GroupLtd.
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