A.M. Best Revises Issuer Credit Rating Outlook to Stable for Lancashire Holdings Limited and Its Subsidiaries
BusinessWire - Thu Jul 09, 3:20PM CDT
A.M. Best has revised to issuer credit rating (ICR) outlook to stable from positive and affirmed the financial strength rating (FSR) of A (Excellent) and the ICRs of "a" of Lancashire Insurance Company Limited (Hamilton, Bermuda) and Lancashire Insurance Company (UK) Limited (United Kingdom) (collectively known as Lancashire). The outlook for the FSR remains stable. Additionally, A.M. Best has revised the outlook to stable from positive and affirmed the ICR of "bbb" and debt ratings of the parent company, Lancashire Holdings Limited (Lancashire Holdings) (Hamilton, Bermuda) [LSE: LRE]. (See below for a detailed listing of the debt ratings.)
Fidelis Insurance Raises Approximately $1.5 Billion In Initial Capital From Leading Investors; Innovative Hybrid Model Designed To Maximize Return On Equity
PR Newswire - Tue Jun 09, 2:33PM CDT
Fidelis Insurance Holdings Limited ("Fidelis" or "the Company"