A.M. Best Co. said it placed various ratings of Ironshore Inc., including the “A-minus” financial strength rating of its operating subsidiaries, on review with negative implications today.
The under-review status reflects Ironshore's material deviation from its original business plan and the risks in implementing key components of its new plan given current market conditions, the Oldwick, N.J. rating agency said.
In addition to the financial strength rating, the under-review status also applies to the issuer credit rating of “triple-b-minus” of Ironshore Inc. and the “a-minus” issuer credit rating of the operating companies.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
