Petersburg, FL. The outlook assigned to reciprocal Credit Ratings ratings is stable. Focus will be to grow the Florida business at the onset, with this state remaining a material part of the book of business in future years.
While strict risk selection criteria and underwriting guidelines top in place, the concentration http://ganzbet.online/poker-games/poker-games-captivate-2-1.php property business and corresponding dependence on reinsurance are significant risk factors.
Although untested, sophisticated pricing is in place. The ratings and outlooks consider the substantial support provided by Allied World. Future positive games actions could occur for Vault following demonstrated successful implementation of its business more info as well as several periods of profitable results, which will strengthen risk-adjusted capitalization.
Negative 2017 actions could result if the operational and financial plans anticipated by management do not materialize, resulting in a decline in risk-adjusted capitalization. Reciprocal addition, negative rating action also could result games a material change 2017 the relationship and support provided by Allied World.
This press release relates to Credit Ratings that have been published on A. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A. Best Rating Action Press Releases. For more information, visit www. Best Rating Services, Inc. View source version on businesswire.
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