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Article: A.M. Best Withdraws Ratings of Alfa Corporation.
- Article from:
- Investment Weekly News
- Article date:
- March 21, 2009
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A.M. Best Co. has withdrawn the issuer credit rating (ICR) of oao, the debt rating of oao on senior floating rate notes and AMB-1 on the commercial paper program of Alfa Corporation (Alfa Corp), and an onro has been assigned to the ICR.
Concurrently, A.M. Best has affirmed the financial strength rating (FSR) of A+ (Superior) and ICRs of oaa-o of Alfa Insurance Group (Alfa) and its members. The outlook for these ratings is stable. All companies are domiciled in Montgomery, AL except for Alfa Alliance Insurance Corporation, which is in Glen Allen, VA. (See below for a detailed list of the companies and ratings.)
The withdrawal of Alfa CorpEs ratings ...