A.M. Best Co. has placed the A+ (Superior) financial strength ratings of Employers Reinsurance Corporation (ERC) (Overland Park, KS) and its affiliated domestic and international non-life and life reinsurance companies, cumulatively comprising the GE Global Insurance Group (GE Global), under review with negative implications.
Concurrently, the existing "a" rating on senior debt securities issued by the group's direct parent, GE Global Insurance Holding Corp., were also placed under review with negative implications.
These rating actions follow General Electric Company's [NYSE: GE] Novemb...
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