Embattled UK quoted reinsurer Alea Group Holdings (Bermuda) Ltd has cancelled a rescue fund raising plan following AM Best's decision on 23 September to downgrade the firm's financial strength rating from A- to B++.
Embattled UK quoted reinsurer Alea Group Holdings (Bermuda) Ltd has cancelled a rescue fund raising plan following AM Best's decision on 23 September to downgrade the firm's financial strength rating from A- to B++.