Sirius downgraded by AM Best as 'the rock' starts to crush the business; ratings under review with negative implications; shares plunge 17%
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Sirius downgraded by AM Best as 'the rock' starts to crush the business; ratings under review with negative implications; shares plunge 17%

IPC Research
March 05, 2020
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AM Best downgraded the financial strength rating of Sirius International from A to A- yesterday, following a maneuver by Sirius majority-shareholder CMIG to block a rights issuance by Sirius, an action that has called the Bermudian carrier’s independence and financial...

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