OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “a-” of Citadel Reinsurance Company Ltd. (Citadel Re) (Hamilton, Bermuda). The outlook of these Credit Ratings (ratings) has been revised to stable from negative In addition, A.M. Best has revised the outlooks to stable from negative and affirmed the FSR of B+ (Good) and the Long-Term ICR to “bbb-” of
