Best Affirms Odyssey Re Ratings

A.M. Best Co. has affirmed the financial strength ratings of A (Excellent) of Odyssey Re Holdings Corporation's (Odyssey Re) [NYSE: ORH] (New York) reinsurance and insurance subsidiaries. These ratings apply to Odyssey America Reinsurance Corporation (Connecticut), Odyssey Reinsurance Corporation and Hudson Insurance Company (both of Delaware). Concurrently, A.M. Best has assigned a "bbb" senior debt rating to $110 million convertible senior debentures due 2022 and extended indicative ratings to its remaining $290 million under its shelf registration. The ratings reflect Odyssey Re's g...