AM Best gives Friedman, Billings' latest start-up an A-
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AM Best gives Friedman, Billings' latest start-up an A-

AM Best has given start-up Bermudian (re)insurer CastlePoint Reinsurance Company Ltd an A- financial strength rating.

CastlePoint’s parent company, CastlePoint Holdings Ltd, was launched last month with $265mn of private equity capital by the US investment bank Friedman, Billings...

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