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Agency withdraws XL Select Insurance ratings

AM Best: the agency has withdrawn its ratings for XL Select Insurance

AM Best has withdrawn the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of XL Select Insurance Company.

The Connecticut-based company was recently acquired by At-Bay Inc from its former indirect parent, XL Bermuda Ltd.

No final rating action was taken due to XL Select effectively being sold as a shell, AM Best said.

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Published January 31, 2023 at 1:36 pm (Updated January 31, 2023 at 4:01 pm)

Agency withdraws XL Select Insurance ratings

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