A.M. Best Co. announced that it has withdrawn the Best’s Syndicate Rating of “A-” (Excellent) of Lloyd’s Syndicate 1400, which is managed by Danish Re Syndicates Ltd., and assigned it an NR-4 (Company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.
Judge Throws Out Bulk of Economic Claims Over Baltimore Bridge Tragedy 
Amazon Seen as Shielded from Liability for Miami Cargo Plane Crash 
Tesla’s Rollout of Cybercab Is Marred by Regulatory Probe 
PwC International Can’t Exit Evergrande Case, HK Court Rules 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.