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A.M. Best drops AmTrust review, citing balance sheet strength
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Industry News
Wednesday, July 11, 2018
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A.M. Best has removed the AmTrust Group from under review with negative implications and downgraded both its Financial Strength Rating (FSR) and its Long-Term Issuer Credit Rating (Long-Term ICR).
The credit rating agency affirmed the FSR and Long-Term ICR of AmTrust Title Insurance Co. A.M. Best said AmTrust’s recently approved privatization plan had a “neutral impact on the rating” and said AmTrust’s balance sheet was “very strong.”
Read on for more details about the company’s credit rating.
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