Agency withdraws XL Select Insurance ratings
Created: Jan 31, 2023 01:36 PM (Updated: Jan 31, 2023 04:01 PM)
AM Best: the agency has withdrawn its ratings for XL Select Insurance
AM Best has withdrawn the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of XL Select Insurance Company.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.
Royal Gazette has implemented platform upgrades, requiring users to utilize their Royal Gazette Account Login to comment on Disqus for enhanced security. To create an account, click here.
You must be Registered or to post comment or to vote.
Published January 31, 2023 at 1:36 pm (Updated January 31, 2023 at 4:01 pm)
Agency withdraws XL Select Insurance ratings
Users agree to adhere to our Online User Conduct for commenting and user who violate the Terms of Service will be banned.
