A.M. Best Affirms Credit Ratings of Oil Casualty Insurance, Ltd

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Oil Casualty Insurance, Ltd (OCIL) (Hamilton, Bermuda). A.M. Best also has affirmed the Long-Term Issue Credit Rating of “bbb” to the $200 million 8.00% deferrable subordinated debentures due Sept. 15, 2034, issued by OCIL in 2004 and amended in 2015. The outlook of these Credit Ratings (ratings) remains stable. The ratings reflect OCIL’s stron