AM Best

A.M. Best Withdraws Ratings of Faraday Reinsurance Co. Limited

CONTACTS:

Peter Dickey
Assistant Vice President
(908) 439-2200, ext. 5053
peter.dickey@ambest.com

Robert DeRose
Vice President
(908) 439-2200, ext. 5453
robert.derose@ambest.com
Christopher Sharkey
Manager, Public Relations
(908) 439-2200, ext. 5159
christopher.sharkey@ambest.com

Jim Peavy
Assistant Vice President, Public Relations
(908) 439-2200, ext. 5644
james.peavy@ambest.com

FOR IMMEDIATE RELEASE

OLDWICK - DECEMBER 17, 2015 12:54 PM (EST)
A.M. Best has withdrawn the financial strength rating of A++ (Superior) and the issuer credit rating of “aa+” of Faraday Reinsurance Co. Limited (FRE) (London, England). Effective Dec. 15, 2015, FRE was dissolved, with the company’s assets and liabilities merged into subsidiaries of General Reinsurance Corporation.

This press release relates to rating(s) that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please visit A.M. Best’s Ratings & Criteria Center.

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