AM Best withdraws Western General Insurance ratings
Created: Jul 13, 2006 11:00 AM
A.M. Best Co. affirmed and subsequently withdrew the financial strength rating and issuer credit ratings of B+ and ?bbb-? of Bermuda-based Western General Insurance Ltd., which went into run-off last November.
Western General Insurance Ltd., was founded in Bermuda in 1980, and went into runoff last November as a result of hurricane losses.
Best has now assigned a rating of NR-4 in response to Western General management?s request to be removed from A.M. Best?s interactive rating process.
