OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “a+” on the initial $1.2 billion ($905 million outstanding as of Dec. 31, 2017) of 5.75% Secured Notes (notes), due Dec. 31, 2058, issued by Redding Funding Ltd. (Redding Funding) (Nova Scotia, Canada), a wholly owned subsidiary of Wilton Re Ltd (WRL). The outlook of this Credit Rating (rating) is stable. The notes were part of a transaction used to fund statutory reserve requirements for
