Press Release - APRIL 18, 2018
A.M. Best Downgrades Credit Ratings of 21st Century National Insurance Company; Places Under Review With Developing Implications
FOR IMMEDIATE RELEASE
OLDWICK - APRIL 18, 2018
The downgrade and developing implications status reflects 21st Century National’s new ownership structure by aligning the rating with PRAC’s, as well as A.M. Best’s need to assess the strategic and financial plans for the company. A.M. Best expects to resolve the under review status of the ratings following more in-depth discussions with the company’s management team.
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