Humboldt inks sale as AM Best maintains rating
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Humboldt inks sale as AM Best maintains rating

Saint Peter Port, viewed from Elizabeth Tower

Credit Suisse-backed reinsurer Humboldt Re has signed a sale agreement, AM Best said as it maintained its rating of A- on the Guernsey-based carrier.

The rating remains under review with negative implications, reflecting uncertainty over the change in ownership.

AM Best said the terms of the sale remained confidential at present but that it expected to resolve the under-review status of its rating once...

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