AM Best Downgrades Credit Ratings of Sirius International Insurance Group, Ltd. and Main Rated Subsidiaries; Places Credit Ratings Under Review With Negative Implications
Sweetgreen, Inc. (SG)
Company Research
Source: Business Wire
LONDON--(BUSINESS WIRE)--AM Best has downgraded the Financial Strength Ratings (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a-” from “a” of Sirius Bermuda Insurance Company Ltd. (Sirius Bermuda) (Bermuda), Sirius International Insurance Corporation (publ) (Sirius International) (Sweden), and its subsidiary Sirius America Insurance Company (Sirius America) (USA). Additionally, AM Best has downgraded the Long-Term ICR to “bbb-” from “bbb” of Sirius International Insurance Group, Ltd. (SIIG) (Bermuda) [NASDAQ: SG], and Sirius International Group, Ltd. (SIG) (Bermuda), both non-operating holding companies. Concurrently, AM Best has placed these Credit Ratings (ratings) under review with negative implications.The ratings reflect SIIG’s consolidated balance sheet strength, which AM Best categorises as very strong, as well as the group’s strong operating performance, neutral business profile and appropriate enterprise risk managem
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SG
Earnings
- 11/7/24 - Miss
SG
Sec Filings
- 11/14/24 - Form 4
- 11/13/24 - Form 144
- 11/12/24 - Form 144
- SG's page on the SEC website