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AM Best withdraws rating from AS Re for ‘administrative purposes’

AM Best Co. has withdrawn the financial strength rating of A (Excellent) and the issuer credit rating of “a” of American Safety Reinsurance, Ltd. (AS Re).

Making the announcement, A.M. Best stated: “The recent sale of AS Re to Catalina Holdings (Bermuda) Ltd severs the interactive rating services provided by A.M. Best for rating coverage on AS Re; therefore, the associated ratings have been withdrawn for administrative purposes.”

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Published October 21, 2013 at 9:00 am (Updated October 21, 2013 at 9:19 am)

AM Best withdraws rating from AS Re for ‘administrative purposes’

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