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S&P Announces: Research Update: Atlantic Mutual Insurance Co., Affiliates Ratings Affirmed; Outlook Stable.

Publication: Business Wire
Publication Date: 17-NOV-04
Format: Online
Delivery: Immediate Online Access

Article Excerpt
NEW YORK -- On Nov. 17, 2004, Standard & Poor's Ratings Services affirmed its 'BB+' counterparty credit and financial strength ratings on Atlantic Mutual Insurance Co., Centennial Insurance Co., and Atlantic Lloyds Insurance Co. of Texas (collectively referred to as Atlantic Mutual).

Standard & Poor's also affirmed its 'B+' surplus note rating on Atlantic Mutual Insurance Co.

The outlook on these ratings is stable.

The ratings are based on the less diversified business position of...

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