LONDON–(BUSINESS WIRE)–A.M. Best has downgraded the Financial Strength Rating (FSR) to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb+” from “bbb-” of Unity Reinsurance Company, Ltd. (Unity Re) (Russia). The Credit Ratings (ratings) have been removed from under review with negative implications. The outlook assigned to the FSR is stable, whilst the outlook assigned to the Long-Term ICR is negative. Concurrently, A.M. Best has withdrawn the ratings as the
