A.M. Best Withdraws Ratings of Maiden Specialty Insurance Company

OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best has withdrawn the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Maiden Specialty Insurance Company (MSIC) (Raleigh, NC).

MSIC, previously a subsidiary of Maiden Reinsurance North America, Inc., was sold as a clean shell to Clear Blue Financial Holdings, LLC, on Nov. 3, 2015. This sale has resulted in A.M. Best withdrawing the ratings.

This press release relates to rating(s) that have been published on A.M. Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please visit A.M. Best’s Ratings & Criteria Center.

A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2015 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151203006355/en/

A.M. Best
Jennifer Marshall, CPCU, ARM, (908) 439-2200, ext. 5327
Assistant Vice President
[email protected]
or
Christopher Sharkey, (908) 439-2200, ext. 5159
Manager, Public Relations
[email protected]
or
Michael Lagomarsino, CFA, FRM, (908) 439-2200, ext. 5810
Vice President
[email protected]
or
Jim Peavy, (908) 439-2200, ext. 5644
Assistant Vice President, Public Relations
[email protected]

Source: A.M. Best

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