A.M. Best Withdraws Ratings of Faraday Reinsurance Co. Limited

OLDWICK, N.J.--()--A.M. Best has withdrawn the financial strength rating of A++ (Superior) and the issuer credit rating of “aa+” of Faraday Reinsurance Co. Limited (FRE) (London, England). Effective Dec. 15, 2015, FRE was dissolved, with the company’s assets and liabilities merged into subsidiaries of General Reinsurance Corporation.

This press release relates to rating(s) that have been published on A.M. Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please visit A.M. Best’s Ratings & Criteria Center.

A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2015 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

Contacts

A.M. Best
Peter Dickey
Assistant Vice President
908-439-2200, ext. 5053
peter.dickey@ambest.com
or
Robert DeRose
Vice President
908-439-2200, ext. 5453
robert.derose@ambest.com
or
Christopher Sharkey
Manager, Public Relations
908-439-2200, ext. 5159
christopher.sharkey@ambest.com
or
Jim Peavy
Assistant Vice President, Public Relations
908-439-2200, ext. 5644
james.peavy@ambest.com

Contacts

A.M. Best
Peter Dickey
Assistant Vice President
908-439-2200, ext. 5053
peter.dickey@ambest.com
or
Robert DeRose
Vice President
908-439-2200, ext. 5453
robert.derose@ambest.com
or
Christopher Sharkey
Manager, Public Relations
908-439-2200, ext. 5159
christopher.sharkey@ambest.com
or
Jim Peavy
Assistant Vice President, Public Relations
908-439-2200, ext. 5644
james.peavy@ambest.com