AM Best has placed the financial strength rating and the long-term issuer credit ratings (ICRs) for Maiden Reinsurance, and its affiliate Maiden Reinsurance North America under review with negative implications following the announcement that the renewal rights for its US diversified business were being sold to Transatlantic Reinsurance Company (TransRe).
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AM Best, Ratings, Maiden Re, TransRe, Renewal rights, US, Treaty, Reinsurance, Acquisition, Bermuda, North America