21st Dec 2005 12:11
Amlin PLC21 December 2005 AMLIN PLC PRESS RELEASEFor immediate release21 December 2005 AMLIN BERMUDA LIMITED RATED A2 BY MOODY'S Amlin plc ("Amlin") today confirmed that its new Bermuda reinsurance operationhas been assigned an A2 insurance financial strength rating (IFSR) with a stableoutlook by Moody's. The rating rationale explained that Amlin Bermuda's "good access to catastropheand other reinsurance business via syndicate 2001 (A1 IFSR) which hassignificantly out-performed in recent years", offset the risks normallyassociated with start-up operations. Separately, Moody's affirmed Amlin's Syndicate 2001 IFSR rating of A1 and Amlinplc's subordinated debt rating of Baa3, both with stable outlook. Richard Hextall, Amlin's Finance Director commented; "Moody's have ratedSyndicate 2001 for a number of years and we are pleased that they have awardedthis rating to our Bermuda business." Enquiries: Charles Philipps, Amlin plc 0207 746 1000Richard Hextall, Amlin plc 0207 746 1000Hannah Bale, Amlin plc 0207 746 1118Peter Rigby, Haggie Financial Limited 0207 417 8989/ 0780 385 1426 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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