A.M. Best Co. announced that it has withdrawn the financial strength rating of “B++” (Very Good) of Corifrance (Compagnie de Reassurance d’Ile de France).
Best said the action follows “the announcement that the company has ceased writing business and is to be sold to Riverstone (a subsidiary of Fairfax Corporation).
This rating has now been moved to NR-3 (Rating Procedure Inapplicable).”
Was this article valuable?
Here are more articles you may enjoy.
Ex-CEO, Ex-CFO of Bankrupt AI Company Charged With Fraud 
Study Finds ‘Alarming’ High Flood Risk for 17M Americans on Atlantic, Gulf Coasts 
State Farm Paid a ‘Hail’ of a Lot of Claims in 2025 
AI for the Defense: Should Insurers or Law Firms Pay? 
