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Article: A.M. Best Affirms Ratings of Ariel Holdings, Ltd. and Its Subsidiaries, Assigns Ratings to Valiant Specialty.
- Article from:
- Business Wire
- Article date:
- January 19, 2009
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OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating (FSR) of A- (Excellent) and issuer credit rating (ICR) of "a-" of Ariel Reinsurance Company Ltd. (Ariel Re) (Bermuda) and Valiant Insurance Company (Valiant) (Delaware). Concurrently, A.M. Best has affirmed the "bbb-" ICR of Ariel Holdings, Ltd. (Ariel) Additionally, A.M. Best has assigned a financial strength rating (FSR) of A- (Excellent) and issuer credit rating (ICR) of "a-" to Valiant Specialty Insurance Company (Valiant Specialty). The outlook on all the ratings is stable.
The ratings affirmation reflects Ariel's supportive level of risk-adjusted capitalization, acceptable operating ...