A.M. Best Affirms Lancashire Ratings
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of “a” of Lancashire Insurance Company Limited (Hamilton, Bermuda) and Lancashire Insurance Company (UK) Limited (United Kingdom) (collectively known as Lancashire).
Additionally, A.M. Best has affirmed the ICR of “bbb” and debt rating of bbb-”on $130.8 million 3.7% above LIBOR/Euribor subordinated notes, due in 2035 of Lancashire Holdings Limited (Lancashire Holdings) (Hamilton, Bermuda). The outlook for all ratings is stable.
