A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) of Renaissance Reinsurance Ltd and the financial strength rating of A (Excellent) of the subsidiaries of Glencoe Group Holdings Ltd. (Glencoe). These are all operating subsidiaries of RenaissanceRe Holdings Ltd. (RenaissanceRe).
Concurrently, A.M. Best has upgraded the debt ratings to "a-" from "bbb+" for trust preferred securities and to "bbb+" from "bbb" for preferred stock securities. Additionally, A.M. Best has affirmed RenaissanceRe's debt ratings of "a" for senior unsecured notes and "a-" for subordinated securi...
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