A.M. Best confirms the ratings and draws of Georgia-Delta Fire & Casualty
A.M. Best Co. Affirmed the financial strength rating of B + (Good), and the creditworthiness of the issuer “bbb” Atlanta Delta Fire & Casualty Insurance Company.
The sight of these ratings is stable. Then A.M. Best, the rating category and an N-4 (Company Request), Delta Fire in response to a request by the company to remove the management by AM Best, the rating process interactive.
Delta fire, a sister company of Delta Life, a large portion of policyholders’ surplus Wachovia shares Regions Financial Corp., as well as shares.
During Delta’s Fire income in the year 2007 were in line with recent years, results, unrealized losses on the capital of the bank was used to reduce holdings surplus of $ 2 million or 17 percent . The market value of the Wachovia Financial farms and regions in 2008, declined. Yet Delta’s Fire Risk-Adjusted remains that the activation of support and the FSR-ICR, which states that, before the withdrawal of the ratings.
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