Bermudian reinsurer RenaissanceRe Holdings Ltd has terminated its retrocessional sidecar Starbound Reinsurance II Ltd.
The move prompted ratings agency AM Best to withdrawn the “a” issuer credit rating on Starbound.
Bermudian reinsurer RenaissanceRe Holdings Ltd has terminated its retrocessional sidecar Starbound Reinsurance II Ltd.
The move prompted ratings agency AM Best to withdrawn the “a” issuer credit rating on Starbound.