A.M. Best Upgrades Endurance Rating
NU Online News Service, May 29, 9:14 a.m. EDT?A.M. Best said it has upgraded the financial strength rating of Bermuda-based Endurance Specialty Insurance Ltd. to "A" from "A-Minus", with a "Stable" outlook.
The Oldwick, N.J.-based ratings firm noted that Endurance's entire book produced a combined ratio of 86 percent in 2002, thanks to higher market rates and light catastrophes.
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