Fidelis’ AM Best rating placed under review on MGU plan

Richard Brindle – Fidelis and AM Best

AM Best has placed under review with negative implications Fidelis’ A (Excellent) financial strength rating and “a” issuer credit ratings, with the rating agency concerned the London-Bermuda group’s intention to create Fidelis MGU may affect its business profile because of the separation of key management personnel.

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