AM Best Removes from Under Review with Developing Implications and Upgrades Credit Ratings of XL Group Ltd, Its Main Property/Casualty Subsidiaries and XLIT Ltd.

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has removed from under review with developing implications and upgraded the Financial Strength Rating (FSR) to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “aa-” from “a+” of the property/casualty subsidiaries of XL Group Ltd (XL) (Bermuda). Concurrently, the Credit Ratings (ratings) of AXA Insurance Company (New York, NY) have been aligned with the entities of the XL group and, as such, have been removed from