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Best Affirms 'A-' Strength Rating for Royal & Sun plc

Monday, December 8, 2003 | 0

A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) of The Royal & Sun Alliance Insurance Group plc (R&SA) (United Kingdom) and its core subsidiaries. At the same time, A.M. Best has affirmed the "bbb" and the "bbb-" ratings of its subordinated debt and preferred stock. (See link below for financial strength ratings and detailed debt issues.) The ratings have been removed from under review with developing implications, and a negative outlook has been assigned. The ratings reflect R&SA's significantly improved level of risk adj...

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