AM Best Upgrades Credit Ratings of Lloyd’s, Its Rated Subsidiaries & Society of Lloyd'sAM Best has upgraded the Financial Strength Rating (FSR) to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “aa-” (Superior) from “a+” (Excellent) of Lloyd’s (United Kingdom), Lloyd’s Insurance Company (China) Limited (Lloyd’s China) (China), and Lloyd’s Insurance Company S.A. (Lloyd’s Europe) (Belgium). Concurrently, AM Best has upgraded the Long-Term ICR to “a+” (Excellent) from “a” (Excellent) of Society of Lloyd’s (the Society) (United Kingdom) and the Long-Term Issue Credit Ratings to “a” (Excellent) from “a-” (Excellent) on the GBP 306 million 4.750% subordinated loan notes maturing 30 October 2024, as well as on the GBP 300 million 4.875% subordinated notes maturing 7 February 2047. The outlooks of these Credit Ratings (ratings) have been revised to stable from positive. If you have any questions, please contact FSLSO staff at 800.562.4496, or by email at publicinfo@fslso.com. |