NU Online News Service, Dec. 4, 2:00 p.m. EST
A.M. Best Co. is leaving the financial ratings and outlook of the Hanover Insurance Group unchanged in the wake of the company's purchase of a book of business from OneBeacon Insurance Group.
A.M. Best analysts said they are leaving the ratings unchanged because what's involved is business in Hanover's current small commercial and middle market, with the majority written by agents that already have a relationship with Hanover.
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
© 2024 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.
