A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) of Everest Re Group, Ltd's (Bermuda) (NYSE: RE) core reinsurance and insurance subsidiaries.
Concurrently, A.M. Best has affirmed the debt rating of "a" relative to senior debt obligations issued by the intermediate U.S. holding company, Everest Reinsurance Holdings, Inc. and the "a-" debt rating of the trust preferred securities issued by Everest Re Capital Trust and guaranteed by Everest Reinsurance Holdings, Inc.
These ratings reflect Everest Re's favorable earnings trends, strong risk-adjusted capital position, ex...
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