A.M. Best Co. announced that it has withdrawn the Best’s Syndicate Rating of “A-” (Excellent) of Lloyd’s Syndicate 1400, which is managed by Danish Re Syndicates Ltd., and assigned it an NR-4 (Company Request) rating.
Trident II, L.P., a $1.4 billion private equity fund managed by Marsh Inc.’s subsidiary MMC Capital, made a $200 million private equity investment in Danish Re in January 2002.
Was this article valuable?
Here are more articles you may enjoy.
California Fire Danger Has Utilities Set for Broad Shutoffs 
Will California’s New Smoke Claims Law Create a Recovery Bottleneck? 
Hordes of Teens on E-Bikes Force Suburbs to Rewrite Road Rules 
Exxon Blocked Proposal to Settle $5 Billion Kashagan Dispute 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.