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Official Govt & Legal Notices For Dec 14 2022

Official Govt & Legal Notices For Dec 14 2022
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AM Best Affirms Credit Ratings of James River Group Holdings, Ltd. and Its Subsidiaries

AM Best Affirms Credit Ratings of James River Group Holdings, Ltd. and Its Subsidiaries
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AM Best Downgrades Credit Ratings of James River Group Holdings, Ltd. and Subsidiaries

Press release content from Business Wire. The AP news staff was not involved in its creation.
AM Best Downgrades Credit Ratings of James River Group Holdings, Ltd. and Subsidiaries
May 7, 2021 GMT
OLDWICK, N.J. (BUSINESS WIRE) May 7, 2021
AM Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a-” from “a” of the rated operating subsidiaries of James River Group Holdings, Ltd. (JRG Holdings) [NASDAQ: JRVR]. In addition, AM Best has downgraded the Long-Term ICR to “bbb-” from “bbb” of JRG Holdings. The outlook of these Credit Ratings (ratings) is negative. JRG Holdings is domiciled in Pembroke, Bermuda, while its subsidiaries are based in Pembroke, Richmond, VA, and Raleigh, NC. (See below for a detailed listing of the subsidiaries.) ....

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