New MGU plan poses risk to Fidelis’ rating as AM Best reacts

01-08-2022

New MGU plan poses risk to Fidelis’ rating as AM Best reacts

AM Best has placed under review with negative implications the financial strength rating and long-term issuer credit ratings of Richard Brindle-led insurance group Fidelis following the announcement of its plan to separate its business and create a new managing general underwriter (MGU).


Fidelis Insurance, AM Best, Ratings, Under review, Negative, MGU, Bermuda, London

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