Lloyd’s insurer Catlin has had its issuer credit rating on its Syndicate 2003 downgraded from “a+” to “a” by rating agency AM Best partly over fears of further deterioration on the group’s exposure to legal expenses.
Lloyd’s insurer Catlin has had its issuer credit rating on its Syndicate 2003 downgraded from “a+” to “a” by rating agency AM Best partly over fears of further deterioration on the group’s exposure to legal expenses.