The financial strength rating (FSR) of AXA Global Risks U.S. Insurance Co., New York, was raised from “B++” to “A-” by A.M. Best Co., an action which reflects the company’s renewed focus following new management’s restructuring initiatives and its strategic role as a member of AXA Corporate Solutions. Positive rating factors are offset by the challenges confronting AXA Global Risks U.S. as it establishes itself within its chosen markets. The rating is also applicable to the company’s fully owned subsidiary, AXA Global Risks U.S. Underwriters Insurance Co.
Was this article valuable?
Here are more articles you may enjoy.
Business Interruption Claims Arising From the Middle East Conflict 
Chubb Q1 Net Income Increases 74% on Fewer Catastrophe Losses 
Three Sentenced in Bear-Suit Attacks Insurance Fraud Case 
State High Court Weighs in on Woman Taken for Organ Donation But Was Still Alive From This Issue
